News

Tarlton’s Tracy Hart Named to 2023 St. Louis Titan 100

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Tracy Hart, president of Tarlton Corp., a leading St. Louis-based general contracting and construction management firm, has been named to the 2023 St. Louis Titan 100, a program nationwide that recognizes regionally a premier group of CEOs and C-level executives who serve in both the public and private sectors and demonstrate exceptional leadership, vision and influence in their industries.

In addition to leading Tarlton, a WBENC-Certified Women’s Business Enterprise, and Waterhout Construction, also WBENC-Certified, Hart serves on multiple civic boards in the region. She is a fiduciary board member and member of the chair’s council for Greater St. Louis Inc.; chairperson for the St. Louis Economic Development Partnership; vice chair for The Muny; board member and vice chair of the Patient Care Committee for St. Louis Children’s Hospital; and board member and lead independent director for Midwest BankCentre. She also serves on the board of ONE Gas in Tulsa, Oklahoma, a publicly traded company serving 2.2 million customers in Kansas, Oklahoma and Texas. 

Hart was named president of Tarlton in 1999, after joining the firm that was led by her father Robert P. Elsperman, and founded in 1946 by her grandfather, Art Elsperman. Recognized as a trailblazer and ardent leader, she champions training, development and workplace opportunities at Tarlton and in the construction industry in St. Louis and nationally. Deeply committed to her industry, Hart was elected the first woman chairman of the Associated General Contractors of St. Louis and is a life director of the AGC of America.

“It is an honor to be recognized for the 2023 St. Louis Titan program and to be included among the area’s preeminent leaders,” said Hart. “This program provides another opportunity to connect with leaders who care deeply about St. Louis and who are working to bring continued growth, inclusion and prosperity to the region.”

Collectively, the 2023 St. Louis Titan 100 and their companies employ more than 94,000 individuals and generate $28 billion in annual revenue. This year’s honorees will be recognized at the annual St. Louis Titan 100 award event, hosted by Titan 100 and sponsored by Wipfli LLP, one of the nation’s largest accounting firms, on April 6 at The Factory in Chesterfield, Missouri.  

About Titan 100

The Titan 100 is a national program that recognizes the top 100 CEOs and C-level executives in a region. Representing both the private and public sector, these Titans of Industry demonstrate exceptional leadership, vision, passion and influence in their field. The Titan 100 are recognized at an annual awards event, published in the Titan 100 book, and given the opportunity to connect multiple times throughout the year with their fellow Titans. The Titan 100 is one of the fastest-growing, most powerful communities of executives across the nation. Titans must be nominated and selected annually with the pinnacle achievement of being recognized as an elite Hall of Fame honoree in their third year.

Visit www.titan100.biz/

About Tarlton

Having celebrated its 75th year in business in 2021,Tarlton Corp. is a WBENC-Certified Women’s Business Enterprise that provides outstanding preconstruction, construction and design-build solutions to clients in the commercial, institutional, government and nonprofit, industrial and energy markets. The Midwest general contractor/construction manager also has special expertise in concrete construction, restoration and maintenance. Tarlton has completed many landmark St. Louis projects and is committed to improving lives through inclusive construction, civic engagement and service to others.

Jeff Lantz, Sr. Steps Down as President of Lantz Homes, Inc., Transfers Leadership Role to Jeff Lantz, II

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Jeff Lantz, Sr. Steps Down as President of Lantz Homes, Inc., Transfers Leadership Role to Jeff Lantz, II

After 35 years of serving home and business owners across the St. Louis region, Jeff Lantz, Sr. has stepped away from his role as president of Lantz Homes, Inc., handing over the family business to son and third-generation home builder, Jeff Lantz, II. The company, rebranded as Lantz Homes & Remodels, will carry on Jeff, Sr.’s dedication to homebuilding excellence while expanding into custom remodeling and renovation services to meet the changing needs of the market.

During his tenure at the company, Jeff, Sr., son of founder Al Lantz, managed the construction of hundreds of custom homes, multi-family units, and commercial buildings in the Metro East. The Lantz name became synonymous with luxury home projects that combined five-star craftmanship with a meticulous attention to detail. In addition to his work at Lantz Homes, Jeff, Sr. remained devoted to the community, helping to lead projects for the Edwardsville YMCA, Edwardsville Township Park, and the Edwardsville Ice Rink.

“My father’s integrity, honesty, and commitment to giving people the quality home they deserved inspired me to evolve Lantz Homes into one of the top high-end building companies in the region,” said Jeff, Sr. “Being able to pass it down to my son is my biggest achievement, knowing he will continue the family legacy. I’ve watched and worked with Jeff, II since he was in high school, and he holds the same high standards Lantz Homes has been known for over the past 60 years. Jeff, II is always following the latest building trends and focused on finding the most economical way to build a quality home.”

Jeff, II has worked for Lantz Homes since 1999, learning all aspects of the business, from estimating and project management to design and hands-on construction. His vast experience and ability to build close relationships with his clients led him to add custom home remodeling to Lantz Homes’ service line in 2022 for families who wish to stay in their current homes.

“I’ve worked with my dad at Lantz Homes since I was a kid and learned from one of the best,” Jeff, II remarked. “I respect my dad for always giving 100 percent to his clients and the community. I’m excited to use the knowledge I’ve taken from him to continue that same quality building here in the Metro East. My vision for Lantz Homes & Remodels is to always provide excellence, working side by side with clients to build their dream home or remodel the home they currently love.”

For more information on Lantz Homes & Remodels, visit www.lantzhomes.com or call 618.656.3346.

Since 1959, Lantz Homes & Remodels, a third-generation Edwardsville and Glen Carbon homebuilder and remodeler, has transformed dreams into homes for hundreds of Madison County families. Designed from their clients’ imagination and handcrafted to their specifications, each home is entirely customized, from floor to ceiling and every space in between. For more information, visit www.lantzhomes.com.

Employment Rises in 30 States in December

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Starts Jump 27%, Dodge Reports; ABI points down

Seasonally adjusted construction employment rose from November to December in 30 states and the District of Columbia and declined in 20 states, according to AGC’s analysis of data BLS posted on Tuesday. California added the most construction jobs over the month (7,500 jobs, 0.8%), followed by New York (6,400 jobs, 1.7%), Pennsylvania (4,600 jobs, 1.8%), Louisiana (3,300 jobs, 2.6%), and Florida (3,300 jobs, 0.5%). The largest percentage gain occurred in Louisiana, followed by Arkansas (1.8%, 1,000 jobs), Pennsylvania, Rhode Island (1.7%, 400 jobs), and New York. Missouri experienced the largest decline in construction jobs in December (-4,400 jobs, -3.0%), followed by Washington (-3,700 jobs, -1.6%), New Jersey (-3,400 jobs, -2.2%), and Minnesota (-2,600 jobs, -2.0%). North Dakota had the largest percentage loss for the month (-6.4%, -1,900 jobs), followed by Missouri and Alaska (-2.8%, -500 jobs). In 2022, 40 states added construction jobs, while industry employment declined in nine states and D.C. Employment was flat in Iowa. California added the most jobs over the year (41,100 jobs, 4.6%), followed by Florida (25,500 jobs, 4.4%), Texas (18,300 jobs, 2.4%), New York (13,100 jobs, 3.5%), Tennessee (12,900 jobs, 9.2%), and Utah (12,900 jobs, 10.4%). Rhode Island had the largest percentage increase (17.3%, 3,500 jobs), followed by Nevada (13.4%, 12,800 jobs), Nebraska (10.9%, 6,100 jobs), Utah, and Tennessee. New Jersey lost the largest number and percentage of construction jobs over 12 months (-8,900 jobs, -5.5%), followed by South Carolina (-4,900 jobs, -4.7%). (For D.C., Delaware, and Hawaii, which have few mining or logging jobs, BLS posts combined totals with construction; AGC treats the changes as all from construction.)

Total construction starts jumped 27% from November to December at a seasonally adjusted annual rate and 15% for all of 2022 compared to 2021, Dodge Construction Network reported on Tuesday. Nonresidential building starts increased 51% for the month and 38% for the full year, with manufacturing starts up 596% and 185%, respectively; institutional, 11% and 19%; and commercial, -10% and 25%. Nonbuilding starts rose 30% and 19%, respectively, with utility/gas starts up for the month and up 19% for the full year; miscellaneous, 19% and 0; highway and bridge, 10% and 25%; and environmental public works, -4% and 15%. Residential starts were flat for the month and down 3% for the full year, with single-family down 5% and 13%, respectively, and multifamily up 8% and 25%.

The Architecture Billings Index (ABI) registered a score of 47.5 in December, up from 46.6 in November but the third-straight reading below 50, the American Institute of Architects (AIA) reported on Wednesday. AIA calls the index “a leading economic indicator that leads nonresidential construction activity by approximately 9-12 months.” The ABI is derived from the share of responding architecture firms that report a gain in billings over the previous month less the share reporting a decline in billings, presented on a 0-to-100 scale. Any score below 50 means more firms reported decreased billings than increased billings. Readings for practice specialties (based on three-month averages) varied: mixed practice, 54.8 (up from 53.3 in November); institutional, 47.3 (down from 48.0); commercial/industrial, 45.2 (up from 44.8); and residential (mainly multifamily), 44.3 (down from 44.7).

Inflation-adjusted gross domestic product (real GDP) rose 2.9% at a seasonally adjusted annual rate in the fourth quarter (Q4) of 2022, the Bureau of Economic Analysis (BEA) reported on Thursday, following a 3.2% gain in Q3. Real residential investment in permanent-site structures plunged 27% (single-family structures, -10%; multifamily, -2.6%). Real gross private domestic investment in nonresidential structures edged up 0.4% (commercial and health care, -6.4%; manufacturing, 11%; power and communication, -6.6%; other non-mining structures, 4.4%; and wells and mining structures, 11%). Real government gross investment in structures rose 1.1%, including federal investment for defense structures, up 3.5%; nondefense structures, up 11%; and state and local structures investment, up 0.7%. The GDP price index increased 3.5%, with price indexes for nonresidential structures investment up 6.7%; residential investment, 7.7%; and government investment in structures, 6.4%.

“The Strange and Awful Path of Productivity in the U.S. Construction Sector” is the title of a National Bureau of Economic Research working paper posted this month by University of Chicago economists Austan Goolsbee and Chad Syverson. Readers are invited to submit explanations, critiques, or other comments to ken.simonson@agc.org.

WINCO President Bill Krenn Retires

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WINCO Window Company announces the retirement of Bill Krenn, president of WINCO.  Krenn has been with WINCO since 1996 and has served in various capacities, including director of human resources, treasurer, vice president, and chief financial officer before being appointed as the company’s president in 2017.

As WINCO’s president, Krenn ensured that the overall direction of the company’s sales outreach and operations remained in concert with the vision of the family ownership. WINCO is a family owned and operated manufacturer for more than 100 years, when it was established by Johann “Otto” Kubatzky.

“I enjoyed my tenure at WINCO,” says Krenn. “WINCO’s family ownership structure offered great opportunities for my career – I was able to do exciting things that improved the lives of employees and their families, introduce new products, and provide support for our growing engineering department.”

Under Krenn’s leadership, the company faced one of its biggest challenges in 2020.

”I am especially proud that we were able to keep people employed during Covid,” says Krenn.  “WINCO was open the entire time for business.”

In recent years, WINCO has seen growth in product development for specialty niche markets, such as tornado, hurricane, blast protection, solar products, and technology-based automated window products. WINCO expects to continue this trend under new leadership.  Gantt Miller III, AIA and owner of WINCO is assuming Krenn’s responsibilities until a replacement is named. 

Founded in 1915, WINCO Window Company, based in St. Louis, provides full-service manufacturing of high-performance architectural and heavy commercial aluminum windows and doors nationally, for classic renovation and new construction. Visit www.wincowindow.com for more information. For more information, contact WINCO Window Company at (314) 725.8088 or visit www.wincowindow.com

National Design-Builder Clayco Constructing First Pernod Ricard Green Field Distillery in United States 

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The Pernod Ricard distillery and warehouse will expand across 265 acres in Marion County, Kentucky with an emphasis on using low carbon technologies. 

Clayco, a full-service, turnkey real estate, architecture, engineering, design-build and construction firm announced today it is building the first Pernod Ricard green field distillery in the United States. The project, designed by the Lamar Johnson Collaborative, is part of Pernod Ricard’s fast-growing Jefferson’s Bourbon brand. Clayco Design & Engineering is the process engineer and structural engineer of the project. The facility will produce over 7.5 million proof gallons of bourbon annually.  

Anticipated to break ground in early 2023 and completed in the third quarter of 2024, the 150,000-square-foot, state-of-the-art, carbon neutral distillery and aging warehouses located in Marion County, Kentucky, will be approximately 265 acres and include a world class visitor center to welcome bourbon enthusiasts on the historic Kentucky Bourbon Trail.

“This inaugural project marks a major accomplishment for both Pernod Ricard and Clayco,” Nathan Cook, Project Executive at Clayco, said. “We are extremely proud of this partnership with Pernod Ricard. It’s truly an honor for Clayco to help such a prestigious organization bring this new state-of-the-art distillery to life in such a historic part of bourbon country.”

“This investment is the latest illustration of our belief in the strength and potential of American Whiskey” said Jessica Chen, VP Operations, American whiskies at Pernod Ricard. “We’re delighted to partner with Clayco on this project and are committed to making our new Jefferson’s facility one of the most exemplary and sustainable distilleries in the world to achieve our ambitions for the brand. We can’t wait to welcome bourbon enthusiasts from all over to experience our new site.”

The Pernod Ricard green field distillery will be the first of its size in the United States to achieve LEED certification, an internationally recognized sustainability framework for efficient, carbon and cost-saving environmentally friendly buildings. The distillery and warehouses will include such low-carbon technologies as electrode boilers powered by certified renewable electricity, allowing the distillery to abstain from using fossil fuels during bourbon production. Clayco is leading the design-oriented visitor center using an integrated design-build approach with its in-house engineering capabilities and architecture that strives for a low carbon footprint.  

In addition, as part of Pernod Ricard’s commitment to protect and nurture its relationship with the community, Jefferson’s will continue to partner with local farmers and suppliers to source ingredients and casks whenever possible. 

Clayco is a full-service, turnkey real estate development, master planning, architecture, engineering, and construction firm that safely and sustainably delivers the highest quality solutions to clients across North America on time, on budget, and above and beyond expectations. With $4.9 billion in revenue for 2021 Clayco specializes in the “art and science of building,” providing fast track, efficient solutions for industrial, commercial, institutional, and residential-related building projects. For more information, visit www.claycorp.com

LJC is a full-service design and architecture firm committed to enhancing the quality of the human experience and to improving how design and architecture can impact each individual’s emotional being. By harnessing the power of integrated design, including architecture, workplace strategy, interior design, landscape architecture, urban planning and engineering, the company achieves its clients’ goals and aspirations. For more information, please visit www.theljc.com.

Mercy and ACE Performance Lab Collaborate to Offer On-Site Sports Medicine Services at Chesterfield Sports Complex

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To create a comprehensive sports center that helps athletes grow and compete to their full potential, Chesterfield Sports Association, Mercy and ACE Performance Lab have announced a collaboration to offer on-site services at Chesterfield Sports Complex (CSC) when it opens this March. 

As the facility’s medical provider, Mercy Sports Medicine will have athletic trainers on site for all practices, games and tournaments to evaluate and advise athletes following an injury and refer them for follow-up services. A 4,200-square-foot ACE Performance Lab will provide performance training and muscle recovery programs to athletes who train at the facility. A shared athletic training room will be used by Mercy and ACE Performance Lab staff to evaluate and treat athletes.

“We have one mission, and that is to take care of the youth of St. Louis,” said Stuart Duncan, president of Chesterfield Sports Association. “We are extremely proud to offer the best in sports medicine and specialized performance training to the athletes who will call.”

“From youth athletes to professionals and everyone in between, our athletic trainers and medical team is ready to provide care when and where it’s needed,” said Jason Muchow, Mercy Clinic Orthopedics and Sports Medicine executive director. “We look forward to working with the ACE Performance Labs team to keep these young athletes performing at their highest levels.”

Developed by Volleyball Olympic Gold Medalist Scott Touzinsky, ACE Performance Lab will offer private and group training sessions to help athletes maximize their performance. The state-of-the-art facility on the first and second floor of the complex will feature Olympic lifting stations and a 65-foot long and 15-foot wide turf area for speed and agility training using sleds and battle ropes. A recovery area features tools to help athletes speed muscle recovery to prevent injury or during rehabilitation following an injury. Equipment will include Hyper Ice Recovery Sleeves, theraguns, vibrating rollers and spheres. This is the third ACE facility to open in St. Louis in the last three years. ACE also operates ACE Volleyball Lab in Affton and ACE Performance Lab in Fenton.  

“ACE Performance Lab is extremely excited to work with Mercy and the Chesterfield Sports Association to give young athletes the help they need to stay healthy on the court playing the game they love,” said ACE Performance Lab Founder Scott Touzinsky. 

As St. Louis’ first world-class, indoor volleyball and basketball complex, the multi-court, 97,000-square-foot sports complex will attract an estimated 900,000 visitors each year to its clinics, camps, leagues and tournaments. More than 1,000 youth athletes will practice and train during the week and over 2,500 athletes will play in league and tournament games each weekend. Tenants include Bradley Beal Elite (BBE), the top ranked NIKE-sponsored basketball club in the Midwest; CNR Basketball, and High Performance STL, greater St. Louis’ premier youth volleyball club and Stratman Sports for volleyball.

A major economic driver, Chesterfield Sports Complex is projected to generate $3.6 million in local annual spending, including over 10,000 hotel room nights per year. 

CSA expects to host over 40 tournaments each year that will attract out-of-town guests to the area to generate economic activity for local restaurants, hotels and retail establishments. A total of 18 major regional sports events are already scheduled between March and July, including a top regional gymnastics meet and national martial arts tournament. 

Chesterfield Sports Complex will be owned and operated by nonprofit Chesterfield Sports Association. The organization is seeking naming rights and other sponsors to help support the remaining development and initial operation of the facility. For information about partnership opportunities, booking birthday parties, or hosting a sports competition at the facility, visit www.chesterfieldsports.com or email info@chesterfieldsports.com

Mercy, one of the 25 largest U.S. health systems and named the top large system in the U.S. for excellent patient experience by NRC Health, serves millions annually with nationally recognized quality care and one of the nation’s largest Accountable Care Organizations. Mercy is a highly integrated, multi-state health care system including more than 40 acute care, managed and specialty (heart, children’s, orthopedic and rehab) hospitals, convenient and urgent care locations, imaging centers and pharmacies. Mercy has 900 physician practices and outpatient facilities, 4,000 Mercy Clinic physicians and advanced practitioners, and more than 40,000 co-workers serving patients and families across Arkansas, Kansas, Missouri and Oklahoma. Mercy also has clinics, outpatient services and outreach ministries in Arkansas, Louisiana, Mississippi and Texas.

At St. Louis-area locations in Fenton and soon Chesterfield, ACE Performance Lab provides a fun and positive environment for athletes to learn from the best and become 1 to 2% better each time they walk into the Lab. Founded by Volleyball Olympic Gold Medalist Scott Touzinsky, ACE offers performance training services athletes need to help athletes dream big and reach their max potential as a volleyball player. Recovery areas at locations feature tools to help athletes speed muscle recovery to prevent injury or during rehabilitation following an injury. For more information, visit

Founded in 2020, Chesterfield Sports Association (CSA) is a Chesterfield, MO-based 501(c)(3) non-profit organization that was formed to give St. Louis youth the opportunity to grow, develop, and reach their highest potential as an athlete, student and individual. The organization will own and operate Chesterfield Sports Complex, which will provide local athletes a much needed home for volleyball and basketball training and competitions in St. Louis. A major economic driver projected to generate $3.6 million in annual local spending, CSC will host over 40 tournaments and major regional sports events each year. For more information, visit https://chesterfieldsports.com and follow chesterfieldsports on Facebook, Instagram, LinkedIn and Twitter.

Kwame Foundation Donates New Golf Center to Lincoln University

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Historic partnership between the foundation and the HBCU to benefit men’s and women’s golf programs

The Kwame Foundation and Lincoln University have come together for a historic partnership to improve men’s and women’s golf programs and increase access to the sport. Kwame Foundation’s multi-year commitment to Lincoln University Athletics was launched with extensive renovations to the university’s golf facility and provides much-needed equipment for student athletes. The Kwame Foundation Golf Center, which was unveiled to students last week, includes the installation of two fully interactive golf simulators, improved flooring and lockers. Founded in 1866, Lincoln University in Jefferson City, Missouri is one of the oldest historically black colleges and universities (HBCUs) in the United States and is the only HBCU in the state with both men’s and women’s golf programs. 

“We could not be more excited to commemorate the Kwame Foundation’s historic commitment to the only HBCU men’s and women’s golf programs in the state of Missouri,” said Dr. Kevin Wilson, Vice President for Advancement, Athletics and Campus Recreation. “Similar to emerging groups of philanthropists across the country, the KWAME Foundation is passionate about providing our students with access to the game of golf and equipping them with the tools to compete with anyone.” 

On January 18, athletes, faculty and alumni attended the unveiling ceremony of the modernized facility. The Foundation’s donations to the HBCU will allow the program to continue to progress and increase its competitiveness. With the renovation, athletes are no longer hindered from practicing during rainy and cold weather but are able to practice indoors year-round. A new van, purchased from Rusty Drewing Automotive, provides safe transport of student athletes as well as adequate storage for equipment to competitions. 

The game of golf has been central to Kwame Foundation since its founding. Each year, the organization hosts its ‘Tee Off Fore Education’ golf tournament to raise money for scholarships for minorities and first-generation college students. Since 2003, Kwame Foundation has contributed nearly $3 million for endowed scholarships to colleges and universities throughout the United States. $75,000 was raised for scholarships in 2022 alone.   

“With our primary educational focus now directed towards scholarships at HBCUs, we have strengthened our partnership with each of the two historically Black universities based here in Missouri,” said Kwame Foundation Executive Director, Lydia Huston. “Our support of Lincoln University’s golf program is a worthwhile investment that will allow the women and men who participate various pathways for athletic and academic success. We are excited to see this program thrive and grow.”

“On behalf of the Lincoln University Golf programs, I extend my deepest appreciation to the KWAME Foundation for their partnership. I am grateful for their desire to see progress and a culture of competitiveness in HBCU golf,” said Kortland Ware, Director of Golf. “Support from the KWAME Foundation will expedite our development into a program that will make our alumni, the Jefferson City community, and the Show Me state proud.”

Founded in 2003, Kwame Foundation is the charitable arm of Kwame Building Group. Kwame Foundation is a nonprofit organization created to address a prevailing need among African American students who have the aptitude and motivation for college, but who lack the financial and other resources necessary to succeed and graduate. Programs include contributions to universities for scholarships, educational mentorships, internship opportunities and training to prepare for an ever-evolving workforce. For nearly 20 years, Kwame Foundation has been a champion for education and a philanthropic pillar in the St. Louis area and throughout the United States. For more information about Kwame Foundation, contact Lydia Huston at lhuston@kwamebuildinggroup.com or call (314) 754-5619.

Is Your Construction Company’s 2023 Budget Built on a Solid Foundation?

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Submitted by Schmersahl Treloar & Co

By now, many construction businesses have at least outlined the parameters of their 2023 budgets, if not finished them entirely. No matter where you’re at in the process, it doesn’t hurt to double-check your methodology to ensure your spending plan for next year is built on a solid foundation.

Start with spending

Often, the budget-setting process begins with an estimate of total revenue for the year. A better strategy, however, is to start with projected spending because it’s something over which you can exert a little more control.

Divide your expenses between hard and soft costs. As with individual project budgets, hard costs are the “brick and mortar” expenses directly related to physically completing work — such as equipment, materials and labor. Soft costs are indirect costs (such as insurance, fees and certifications) and overhead costs (such as office rent and furniture).

When you divide your budget into these two categories, you’ll have a better sense of which line items are variable and can be adjusted and where to apply cost-control measures. Throughout the year, check back on hard and soft costs to see whether new or overlooked ones are threatening the budget.

Heed historical lessons

Taking last year’s budget and adjusting the numbers for inflation may be tempting, but it usually doesn’t work. You can and should, however, review your construction company’s historical data to better identify relevant trends that could likely affect the budget throughout the year.

For example, study your income statements from the past several years. Start with the most recent one and compare each line item to past statements. If you detect an upward or downward trend for a certain expense, adjust the line item accordingly.

Such a review presents the opportunity to determine where your operation has consistently spent above or below allotted budget constraints. It could also reveal whether you need to readjust spending, cut back operations or look for ways to raise capital.

Be realistic

Calculate your gross margin, which is the difference between net sales revenue and the cost of goods sold (COGS). In construction, COGS typically refers to direct costs, such as materials and labor, as well as indirect costs or general conditions.

Compare your gross margins from previous years with the average gross margins for the industry segments in which you perform work. You should be able to locate this data through trade publications or industry associations. Knowing these numbers will help you refine your current budget and set prices for jobs as the year goes along.

When it comes to projecting gross margin, temper optimism with pragmatism. A 5% sales growth last year doesn’t automatically translate to 5% growth this year. Consider other qualifying factors such as staff turnover, current market costs of labor and materials, the need to buy or lease new equipment, local market demand, and the overall economy.

Seize opportunities

An objective review of your budget, as well as your budget-setting and -management process, can provide useful insights. Feel free to contact us for help identifying trends that may be hidden in your financial statements, as well as implementing strategies to leverage opportunities and guard against risk.

Call us with questions at 314-966-2727

St. Louis Downtown Airport Enters 2023 Prepared for Continued Growth

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2022 proved to be a solid year for St. Louis Downtown Airport, with highlights ranging from the arrival of a new director and continuation of strong flight operations to the return of in-person events aimed at growing the aviation industry workforce. Add in the groundbreaking for a significant new project and expansion plans revealed for its largest tenant, and the airport is looking to the future with an eye on continued growth.

To help lead operations at the busiest airport in Illinois outside of Chicago, Bi-State Development welcomed Sandra Shore as the new director of St. Louis Downtown Airport in February. With the airport’s enviable location just minutes from downtown St. Louis making it a popular choice for those flying into the bi-state area for business and major events, overall flight operations remained strong and steady last year under Shore’s leadership. A substantial increase in charter flights can be directly correlated to the NASCAR Cup Series race held at nearby World Wide Technology Raceway in Madison, Ill., which drew 56 charter flights in June. The airport also recorded two of its three best months in fuel sales in the last five years in 2022, a trend expected to continue in 2023.

St. Louis Downtown Airport will see additional growth in 2023 when its largest tenant, Gulfstream Aerospace, expands operations and adds 140 new jobs. Gulfstream Aerospace is one of the tenants that will benefit from the latest infrastructure investment underway at the airport – a new ground engine run up and compass calibration pad. Construction began last fall on the $5.4 million project, which secured $5 million in state funding through the $45 billion Rebuild Illinois Capital Infrastructure Plan. Upon completion in 2023, it will improve production safety, reliability and efficiency, boost airport businesses and increase global competitiveness for southwestern Illinois and the State of Illinois. Five million dollars in state funding was secured for the project.

Gulfstream Aerospace and other aircraft maintenance tenants will use the project’s new airfield pavement with jet blast deflectors to perform aircraft maintenance tests requiring the operation of an engine at high power on the ground for several minutes generating elevated noise levels. The new engine run up area will be located 1,850 feet from other parked aircraft and isolated from airport operations, ultimately reducing aircraft engine run-up noise by more than 50% and accommodating the airport’s largest aircraft.

Located on 1,000 acres in St. Clair County in Cahokia Heights and Sauget, St. Louis Downtown Airport and its tenants contribute more than $422 million in economic impact for the region and more than 1,500 full-time and part-time jobs, according to the most recent study conducted by the Illinois Department of Transportation (IDOT).

“The diversity of operations occurring at St. Louis Downtown Airport contributes to our role as an economic engine for the bi-state St. Louis region and makes us a key contributor to the tremendous strength of the aviation sector in the State of Illinois,” said Mary Lamie, Executive Vice President of Multi Modal Enterprises at Bi-State Development, which owns and operates the airport as one of its enterprises.

The economic impact of St. Louis Downtown Airport and other airports in the St. Louis region was the focus of an insightful panel discussion hosted by the St. Louis Regional Freightway in November. Shore and directors from four other busy airports – St. Louis Lambert International Airport, Spirt of St. Louis Airport, MidAmerica St. Louis Airport and St. Louis Regional Airport – participated in the event. The panel discussion highlighted the unique attributes and contributions of each airport and underscored the collective impact of the aviation industry in the region.

“The collaboration that takes place among our airports is unique in the aviation industry and a model for success,” said Shore. “Collectively, between airport operations and tenants, our five facilities account for more than 36,500 jobs and generate a combined annual economic impact that exceeds $10 billion and is growing.”

A key focus within that growing industry is attracting future workers to fill a wide range of positions. With that in mind, St. Louis Downtown Airport welcomed the return of in-person events at the airport in 2022 in collaboration with St. Louis University’s Oliver L. Parks Department of Aviation Science (SLU). The Illinois Mathematics and Science Academy (IMSA) joined with SLU to host Aviation Day for Educators in June, bringing educators from six school districts in southwestern Illinois and Eastern Illinois University to the airport. SLU’s Aviation Summer Academy attracted participants from 11 states who spent a week learning about different aspects of aviation and related careers and experienced the thrill of flying. Girls in Aviation Day in October, a career expo, provided an opportunity for more than 100 young women to climb into the cockpits of various aircraft and fly planes in high-tech simulators.

Bi-State Development (BSD) owns and operates St. Louis Downtown Airport and the Gateway Arch Riverboats, and operates the Gateway Arch Revenue Collections Center and Gateway Arch trams. BSD is the operator of the main public transportation system in eastern Missouri and southwestern Illinois, which includes the 87 vehicle, 46-mile MetroLink light rail system; a MetroBus vehicle fleet of approximately 24 battery electric vehicles and more than 260 clean-burning diesel buses that operate on 58 MetroBus routes; and Metro Call-A-Ride, a paratransit fleet of 123 vans. BSD also operates the St. Louis Regional Freightway, the region’s freight district. To learn more about St. Louis Downtown Airport, visit www.stlouisdowntownairport.com.

Concrete Council of St. Louis Hosts Annual Concrete Pavements Seminar

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PDH and CEU credits available to attendees

The Concrete Council of St. Louis is hosting its annual Concrete Pavements Seminar Sponsored by Concrete Strategies and MAPEI on Wednesday, February 8th at Fabick Headquarters located at One Fabick Drive, Fenton, MO 63026. The Concrete Pavements Seminar gathers some of the brightest minds in the industry to discuss a variety of topics related to concrete paving. This year’s seminar features six sessions beginning at 8:00 a.m. and continuing through 2:15 p.m. Attendees may receive 6 PDH or CEU credits for their time.  The cost is $100 for members, government agencies and non-profits and $125 for non-members.

“We look forward to hosting the Concrete Pavements Seminar every year,” said Oliver Dulle, Executive Director of the Concrete Council. “We have such an incredible list of speakers this year, and with the variety of topics being discussed, I’m confident our attendees will come away from this event feeling great about how much practical information they learned. We are also pleased to provide PDH credits in a convenient format.”

The agenda is as follows:

8:00 a.m. – Concrete Parking Lot Overlays I Metro Transit Various Projects

9:00 a.m. – Concrete Pavement Myths

10:00 a.m. – Pavement Lift Cycle Savings in Dollars and CO2

11:00 a.m. – Specific Revisions to Enhance Performance and Reduce Cost

12:30 p.m. – Freeze-Thaw Durability Issues and Solutions

1:30 p.m. – Nano Silicia Internal Curing and Liquid Fly Ash Technology

Registrations must be completed by Monday, February 6. To register to attend, visit the seminar’s website at Concrete Pavements Seminar (constantcontactpages.com). For questions or more information, please contact Gina Heck (gheck@blacktwigllc.com)

The Concrete Council of St. Louis’ primary goal is to increase the incremental use of concrete construction in the area by serving as a resource to owners and agencies considering concrete construction. Membership is made up of firms in the St. Louis area involved in concrete production and construction. The Council provides technical input, site visits, inhouse presentations and cost comparisons, at no cost, for consideration of concrete construction. For more information, visit www.concretecouncil.com.

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