Tuesday, May 4, 2010

Top 500 Design Firm!

For the 24th time, Engineering News-Record has named Garver as a Top 500 Design Firm nationwide. Companies are ranked according to revenue for design services performed in 2009. Garver continues to rise in the rankings. Over the past two years, Garver has moved up 200 spots.

ENR reported that few U.S. construction markets have been spared in the economic downturn. Below is a list of statistics compiled by ENR as it reviewed the top design firms in 2010:

  • The Top 500 had overall design revenue down 11.7 %
  • Of the 458 firms appearing in both this year's Top 500 and the 2009 list, 323 (70.5 %) reported a decline in design revenue
  • The hardest hit markets were industrial (down 40.2 %), telecommunications (down 20.6 %), and general building (down 20.1 %)
  • Other markets remained flat: Sewer and waste (down 1.3 %), manufacturing (down 0.8 %), water (down 0.2 %), and transportation (down 0.1 %)
  • Out of 488 domestic firms, 305 reported a decrease in professional staff
  • Out of 456 firms, 101 reported a higher backlog of work
  • A number of large design firms ranked high in 2009's list were removed this year. The firms that closed included CMX (#97) and Cubellis Inc. (#189)

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