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Top 50 Contractors Face Tough Times

By: Amy Florence Fischbach, EC&M

Revenues plunged for more than half of the electrical contractors on EC&M’s fourth annual Top 50 Electrical Contractors listing (See table on page 4). The firms averaged an 8 percent drop in sales from 2001 to 2002, compared with a 7.25 percent increase experienced by the Top 50 from 2000 to 2001 and a 27.7 percent increase from 1999 to 2000.

The marketplace can change quickly in the construction business. In the late ’90s electrical construction companies had more work than they could handle and faced a severe skilled labor shortage. Now, more electrical contracting firms are competing for fewer jobs, leading to low margins and increased unemployment.

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Industry Calendar

Jan. 21-24, 2009
NAED Western Region Conference:
Palm Desert, Calif.; National Association of Electrical Distributors (NAED),
(314) 991-9000,
www.naed.org

Feb. 25-28, 2009
NAED South-Central Region Conference:
Orlando, Fla.; NAED,
(314) 991-9000,
www.naed.org

March 10-14
Electronic House Expo Spring 2009:
Orlando, Fla.; EH Publishing,
508-663-1500,
www.naed.org

March 17-20
Electric West Conference:
Las Vegas, Penton Media Exhibitions,
203-358-3704,
www.electricshow.com

March 18-21
NEMRA Annual Conference:
Orlando, Fla.; National Electrical Manufacturers Representatives Association,
800-446-3672,
www.nemra.org

April 19-23
NAILD Convention:
Scottsdale, Ariz.; National Association of Independent Lighting Distributors (NAILD),
716-875-3670,
www.naild.org

April 20-23
A-D Electrical Supply Division Network Meeting:
Houston; Affiliated Distributors (A-D),
610-977-3100,
www.mya-d.net

April 29-May 1
2009 Equity/EDN Annual Meeting:
Dallas; Equity/EDN Electrical Associates;
800-373-1894,
www.equityedn.org

May 3-4
Lightfair International: New York; AMC Inc.;
204-220-2004, www.lightfair.com

May 4-7
Windpower 2009 Chicago: American Wind Energy Association (AWEA);
202-383-2512

May 16-20
NAED National Electrical Leadership Summit: Fort Lauderdale, Fla.; NAED;
888-791-2512; www.naed.org

June 28-July 1
Women in Industry Forum: Santa Fe, N.M.; NAED;
888-791-2512; www.naed.org

July 30-August 1
NAED LEAD Conference: Orlando, Fla.; NAED;
888-791-2512; www.naed.org

 
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