The Great Recession delivered a hammer blow to building and real estate businesses, and New England Construction did not escape the pain. The East Providence-based company saw revenue fall from more than $58 million in 2008 to $20 million in 2010.
But while other companies folded, New England Construction held on and worked hard to rebuild through the recovery. Today the company’s annual revenue is nearly where it was before the downturn five years ago, up to $53.5 million in 2012.
We liked it so much the first time that we couldn’t wait to undertake the Fastest-Growing & Innovative Companies program this year. And based on what we found, some really interesting stuff is bubbling to the surface in our corner of the world.
Providence Business News has selected seven organizations and two individuals to receive recognition for excellence, leadership and community service at the publication’s 13th annual Business Excellence Awards, one of the region’s longest-running and best-known business recognition programs.
An innovator and leader in the health care industry as well as a long-time executive at the Naval Undersea Warfare Center have been chosen as the top two honorees in the seventh annual Providence Business News Business Women Awards program. Joan L. Kwiatkowski, the CEO of CareLink and PACE of Rhode Island, is set to receive the award for career achievement, while Marie E. Bussiere, the combat systems department head at NUWC at Naval Station Newport will be honored as outstanding mentor.
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.