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.
(Editor’s note: This is the second of a three-part series exploring the progress of East Providence’s 10-year effort to redevelop its waterfront and what it might mean for a similar effort underway in Providence.)more
Gilbane Building Company, which recently released the summer 2013 edition of “Construction Economics – Market Conditions in Construction” — projected that construction spending for 2013 will exceed spending for 2012 by 5 percent, the company announced Thursday.
The woodlands and scattered single-family subdivisions of Tiverton don’t cry out for large-scale development, but Carpionato Group envisions one of the largest mixed-use projects in Rhode Island on 66 acres off of Main Road.
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.