US construction industry firms that not only survived, but thrived, in 2020
By getting rid of wasteful practices, hiring new talent and meeting client needs, seven firms came out ahead after a very difficult year.
The U.S. business community overall has suffered a great deal during the coronavirus pandemic. Restaurants and retail establishments have shut down due to customers staying home during lockdowns or because of tight government restrictions on how they are able to operate. Contractors and others in the industry have also taken a hit, even though many services were deemed essential, because some owners and developers are taking a pause on their projects amid economic uncertainty.
But there are some construction industry companies that have thrived during the pandemic, opening up new locations, taking the opportunity to become lean and moving to hire skilled employees laid off from competitors.