Additional Tables

Sept. 9, 2009
Table 1. Many firms in the Top 50 remained successful despite the slow economy due to project backlog and closing out large projects begun before the recession. Factors That Influenced Financial Results for 2008 (in order of most number of responses) ...
Table 1. Many firms in the Top 50 remained successful despite the slow economy due to project backlog and closing out large projects begun before the recession.Factors That Influenced Financial Results for 2008 (in order of most number of responses) Economic conditions Strong markets Existing backlog Improved efficiency Larger projects Diversity of markets

Related Articles

EC&M’s 2009 Top 50 Electrical Contractors
Analysis, tables and more from EC&M's 2009 Top 50.

Table 2. Although many Top 50 firms report plans to expand into the renewable energy market, only three report currently being active in that field.Markets in Which the Top 50 Electrical Contractors Report Being Most Active in 2008 (in order of most number of responses) Health care Commercial Industrial Mission-critical (data centers) Utility/governmental or military Markets in Which the Top 50 Electrical Contractors Report Being Least Active in 2008 (in order of least number of responses) V/D/V and home networking Oil and mining Security General manufacturing Residential/photovoltaics or wind power

Related Articles

EC&M’s 2009 Top 50 Electrical Contractors
Analysis, tables and more from EC&M's 2009 Top 50.

Table 3. Design-assist and design-bid-build were at a close tie for most number of responses from the Top 50 firms.Most Popular Project Delivery Methods (in order of most number of responses) Design-bid-build Design-assist Performance-based design-build Prescriptive-based design-build Job task order contracting Program management Construction management at risk Construction management multi-prime

Related Articles

EC&M’s 2009 Top 50 Electrical Contractors
Analysis, tables and more from EC&M's 2009 Top 50.

Table 4. Some Top 50 firms reduced their workforce in 2008 while others struggled with recruiting during the ongoing labor shortage.Top Reasons for Laying Off Workers in 2008 (in order of most number of responses) Less availability of work Project closeouts/cancellations and delays Restructuring/managing overhead Seasonal work Top Reasons for Hiring Workers in 2008 (in order of most number of responses) Increased demand Backlog work Expansion into other markets/geographical areas Growth in renewable energy sector

Related Articles

EC&M’s 2009 Top 50 Electrical Contractors
Analysis, tables and more from EC&M's 2009 Top 50.

Table 5. The uncertain economy proved troublesome in 2008 to many of the Top 50 firms.The Greatest Challenges Firms Faced in 2008 (in order of most number of responses) Slowdown in the economy Recruiting well-trained workers and project managers Maintaining backlog Delay or cancellation of projects Rising costs of labor and materials/managing overhead Meeting budgets/maintaining margins Increased competition

Related Articles

EC&M’s 2009 Top 50 Electrical Contractors
Analysis, tables and more from EC&M's 2009 Top 50.

Table 7. The firms in the 2009 Top 50 are preparing themselves for a further slowdown in the construction industry.Challenges Firms Expect to Face During the Remainder of 2009 and into 2010 (in order of most number of responses) Procuring work/lack of project funding Increased competition for fewer projects Recruiting well-trained workers and project managers Slowdown in the economy Acquiring a backlog Meeting budgets/maintaining margins Training and growth for employees

Related Articles

EC&M’s 2009 Top 50 Electrical Contractors
Analysis, tables and more from EC&M's 2009 Top 50.

Table 8. Many of the Top 50 firms are branching into new markets to offset decreases in sales expected for the remainder of this year.Top Strategies Firms are Implementing to Offset or Minimize the Decrease in Sales for Electrical and Datacom Services in 2009 (in order of most number of responses) Diversifying markets Expanding geographic territory Managing overhead/margins Reducing staff and field workforce Increasing efficiency Increasing marketing efforts

Related Articles

EC&M’s 2009 Top 50 Electrical Contractors
Analysis, tables and more from EC&M's 2009 Top 50.

Voice your opinion!

To join the conversation, and become an exclusive member of EC&M, create an account today!

Sponsored Recommendations

Electrical Conduit Comparison Chart

CHAMPION FIBERGLASS electrical conduit is a lightweight, durable option that provides lasting savings when compared to other materials. Compare electrical conduit types including...

Don't Let Burn-Through Threaten Another Data Center or Utility Project

Get the No Burn-Through Elbow eGuide to learn many reasons why Champion Fiberglass elbows will enhance your data center and utility projects today.

Considerations for Direct Burial Conduit

Installation type plays a key role in the type of conduit selected for electrical systems in industrial construction projects. Above ground, below ground, direct buried, encased...

How to Calculate Labor Costs

Most important to accurately estimating labor costs is knowing the approximate hours required for project completion. Learn how to calculate electrical labor cost.