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Hicor Group On Track For 50 Percent Growth In 2018 Revenues

in Companies/News

St. Louis-based The Hicor Group is projecting record revenue in excess of $6 million in 2018, an anticipated 50 percent increase over 2017 revenues.  To support this growth in project work, the carpentry services provider has added 40 new full-time carpenters to its staff since the beginning of 2018. The Hicor Group, a minority certified (MBE) contractor, also has become a stand-alone company after operating for its first four years as a subsidiary of St. Louis-based Unitech Consulting.

“Becoming a stand-alone company is a big step for us and the result of our hard work and steady growth since 2014,” said Andrew Stafford, President of The Hicor Group and a fifteen-year veteran construction industry. “It’s a testament to our talented and dedicated employees.”

Most of Hicor’s growth in 2017 and 2018 has come from a wide array of carpentry projects in commercial, multi-family/senior living and restaurant/retail markets including the Nathaniel Rivers Apartments in St. Louis, Covenant Place II in Creve Coeur and Level on Locust in downtown St. Louis. Hicor has installed case-work, counters, architectural millwork, interior fixtures and provided framing and drywall service for a variety of restaurant projects including Shake Shack, Texas Roadhouse and McAllister’s Deli.

“The majority of the projects in our first several years focused on historic rehabilitations, including our award-winning headquarters inside the historically significant Bronson House in Mid-Town that we moved into last year,” Stafford said.  “While we’re passionate about those types of projects, we’ve been able to support our tremendous growth by expanding our services and reaching new markets. Our outlook has gone from revitalizing yesterday and preserving today to building tomorrow. With more than 70 employees, we now have the capacity for building a bright future.”

Founded in 2014, the Hicor Group provides a full scope of carpentry contracting services and is a certified MBE. The company will remain under the ownership of Jeff Kelly and Drew Acree, who also own Chameleon Integrated Services, an information technology consulting firm. For more information on The Hicor Group, visit www.thehicorgroup.com.      

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