To most casual observers in 2007, the launch of a new construction company amidst the Great Recession, in a saturated market, just months away from an industry-stifling subprime mortgage crisis would likely have inspired little confidence. Still less, perhaps, had they also seen its co-founder arrive for his first day […]
To most casual observers in 2007, the launch of a new construction company amidst the Great Recession, in a saturated market, just months away from an industry-stifling subprime mortgage crisis would likely have inspired little confidence. Still less, perhaps, had they also seen its co-founder arrive for his first day at work on a skateboard (he had no car).
But Build Group, Inc. proved wise in ways that conventional wisdom wasn't a decade ago. And at its ten-year anniversary celebration at The Mezzanine last week, some 450 customers, friends, and well-wishers joined Build Group's founders and employee-owners to showcase one of the keys to the San Francisco-based contractor's stellar-if-improbable success. What was clearly evident from the anniversary party is that Build Group knows its customers — and its customers clearly like Build Group.
Co-founders Ross Edwards and Eric Horn were already construction industry veterans when they founded Build Group with little more than a prayer (literally) and a unique founding vision to learn their clients' businesses thoroughly, to embrace customers' goals as their own, and to maintain a hands-on role for principals in all company projects. Joined from the outset by long-time colleagues Bob Hopper, Scott Brauninger and Dave Williams the ambitious startup soon after recruited Nathan Rundel, Ron Yen, and Todd Pennington to form the original Build Group team. With a shared commitment to deliver the highest level of service to customers, the founders also committed themselves to relentless innovation — beginning with their own company.
"Right from the start, we saw enormous untapped potential in creating an innovative company culture that resisted hierarchy, minimized the need for middle management, and kept principals closely involved in all our clients' projects," said co-founder Ross Edwards, who today serves as Build Group's CEO.
"Then as now, it's an approach that empowers our employee-owners to become expert builders, and that challenges all of us to better teamwork and ever higher standards of professional excellence. Ultimately, that's what best serves our customers. Build Group continually aspires to be the envy of the marketplace, and it's not solely because of the knowledgeable, hands-on way we serve our customers. It's also in the way we grow our company. As an employee-owned enterprise with 567 staff members, we are all deeply invested in one another's success. We want Build Group employees to love their jobs, because that's what develops professional expertise, and that's what delivers value for our customers. As we celebrate Build Group's first ten years, we couldn't be more excited for what the next ten holds."
"One of the innovations for which Build Group is increasingly well known is how we evolved the role of general contractor beyond what it traditionally is," said co-founder Eric Horn, who today serves as Build Group's Chairman.
"At Build Group, we prize developing an in-depth understanding of our clients' businesses as well as their aspirations for growth. We continue to maintain principal level involvement in our client projects, and it's an approach that helps forge relationships with customers who come to see us as an extension of their own organizations. Customer relationships mean everything to us at Build Group, and we're proud of a repeat client base that attests to the value of our approach as well as our superior quality work. With our ten-year anniversary, we're not just proud to celebrate our own success as a company — we're equally blessed to have trusted clients, subcontractors insurance and banking relationships that are an integral part of our success. At Build Group, couldn't be more excited for the future."
Build Group Inc. has grown consistently since it was founded in 2007. With annual contracts approaching $1 billion and annual revenues of $750,000,000, the general contractor specializes in commercial office space, hospitality, public works, and residential, mixed use and is complemented by self-performing work divisions in Structural Concrete, metal studs/drywall and insulation. Along with its growth, Build Group has won significant industry recognition for excellence. Honors it has been awarded include: Inc. Magazine's 500 Fastest Growing Private Companies; San Francisco Business Times' 100 Fastest Growing Private Companies; 19th Largest Commercial Contractor in the Bay Area; Largest 100 Bay Area Private Companies; Top 25 Best Places to Work; Healthiest Employers; and the CEA Excellence in Safety Award.
Link to full article here.
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San Francisco Business Times (Oct 26, 2012) - The Build Group Inc. survived the recession and now enjoys a booming general contracting and cement subcontracting businesses. The challenge for the San Francisco contractor: staying small. After several hard years where the startup survived on consulting jobs, Build Group saw its […]
San Francisco Business Times (Oct 26, 2012) - The Build Group Inc. survived the recession and now enjoys a booming general contracting and cement subcontracting businesses. The challenge for the San Francisco contractor: staying small.
After several hard years where the startup survived on consulting jobs, Build Group saw its revenue jump 2,678.9 percent to $81 million in 2011, up from $3 million in revenue in 2009. The company has 65 employees and will hire 15 to 20 more before year’s end, said CEO Ross Edwards.
In March 2007, Edwards and co-founder Eric Horn left San Francisco builder Webcor, which was being sold to new owners, to form Build Group. That was just about six months before the credit crisis erupted, plunging the U.S. into recession and halting most construction in its tracks.
Read the full article at: http://www.bizjournals.com/sanfrancisco/print-edition/2012/10/26/build-group-booms-despite-bust.html?page=all
San Francisco Business Times (Sep 21, 2012) - Plus 3 Network Inc. has vaulted into corporate wellness with the support of an energized user base that has logged thousands of hours in physical activities to support charitable causes. The Redwood City-based social network debuted to the public in 2009, offering […]
San Francisco Business Times (Sep 21, 2012) - Plus 3 Network Inc. has vaulted into corporate wellness with the support of an energized user base that has logged thousands of hours in physical activities to support charitable causes.
The Redwood City-based social network debuted to the public in 2009, offering a platform for members to earn incentives for exercise. Corporations got wind of the platform and wanted in, too. Now its corporate wellness programs are driving growth a few years ahead of Plus 3’s original plan.
“We’ve been thankfully sucked in that direction,” said CEO Rick Sutton, who co-founded Plus 3 with former Palm developer Joe Fabris and Jones Lang LaSalle managing director Steve Levere, who all also founded GaleForce Sports Marketing in the early 1990s. “People found out about it and said, ‘Hey, can we do this with our employees?’”
Read the full article at: http://www.bizjournals.com/sanfrancisco/print-edition/2012/09/21/plus-3-network-spins-new-wellness-model.html