Framing Contractors

Framing Contractors

Brief Excerpt from Industry Overview Chapter:

Companies in this industry are engaged in structural framing and sheathing of buildings. No major companies dominate the industry.

COMPETITIVE LANDSCAPE

Demand is driven heavily by new home construction. The profitability of individual companies depends on a steady volume of contracted work, accurate work estimation, and cost controls. Large companies have advantages in working in multiple geographies and may have relationships with high-volume production homebuilders. Small companies compete based on quality service and local reputation. The industry is?fragmented, and small companies are prevalent.

PRODUCTS, OPERATIONS & TECHNOLOGY

Major services of framing contractors include construction of single detached residential buildings, which accounts for about 50% of the industry revenue. New apartment buildings (about 20%); single attached residential buildings (15%); additions, renovations, and alterations (about 15%); office buildings (about 5%); and stores, restaurants, and automobiles accounting for the rest.