Engineering News Record’s 2018 Top 400 Contractors list has been released and DeAngelis Diamond has climbed the list to #225, a 63-spot jump from last year’s 288 ranking. Every year, ENR ranks the top U.S. construction companies by their revenue from the previous year. This year’s top 400 earned a cumulative contracting revenue of $373.98 billion in 2017 – a 2.1% increase from 2016.
A study from “ENR 2018 Top 400 Contractors: The Market Keeps on Rolling” found that the domestic market is strong and growing with a 4.9% increase in contracting revenue, while revenue from projects outside the U.S. decreased 18.4%. Experts are calling this “one of the longest domestic upswings on record,” but note that the construction market is cyclical and competitive. Combine that with the shortage of workers and high supply demands, the industry is still a challenging environment despite tremendous growth.
In spite of these challenges, DeAngelis Diamond has continued to grow into new markets and market segments having recently added a Program Management Division and will open a Detroit office this summer. Over the past 22 years, they have developed a diverse culture that attracts and retains team members by offering intentional training, leadership development, unique benefits, and above market-level salaries.
DeAngelis Diamond is an innovative, award-winning, national construction management firm, specializing in commercial, multi-family and healthcare construction with more than 20 years of general contracting experience across the United States and in the Caribbean Islands. It’s one of America’s fastest growing companies, according to Inc. 5000, with an exceptional growth rate over the past three years. DeAngelis Diamond’s mission is to develop authentic relationships and have a positive influence on everyone they meet. Visit www.deangelisdiamond.com for more information.