ST. LOUIS, June 12, 2017 /PRNewswire/ -- Continuing its growth strategy, Kadean Construction has been named one of the "Fastest Growing Companies" in the St. Louis region by the St. Louis Business Journal for the second year in a row, it was announced today.
Kadean, which specializes in pre-construction, design-build, construction management, and general contracting, was ranked 10th among the 50 fastest growing companies in the St. Louis area, based on their three-year revenue growth.
St. Louis-based Kadean's annual revenue has increased from roughly $21 million in 2014 to more than $61 million in 2016, said Mike Eveler, president of Kadean Construction.
"We are extremely proud to be ranked among the region's Fastest Growing Companies again this year," Eveler said. "Our growth can be attributed to the hard work and commitment of our entire staff, the dedication of our talented subcontractors, and our tremendous clients. And, we're very grateful."
Last year, the Business Journal saluted Kadean for being among the 20 Fastest Growing Companies in the St. Louis region. Today's rankings recognize the 50 companies throughout the St. Louis region that have shown the greatest revenue growth over the past three years.
The Business Journal's ranking comes on the heels of Kadean being named mid-sized General Contractor of the Year by the American Subcontractors Association (ASA) Midwest Council. The organization honored Kadean in April for its commitment to working closely with its subcontractors, whom Eveler described as "dedicated partners in all that we do." He also credited them with being "a big part of our company's success for more than 50 years."
Eveler said Kadean is continuing its growth trajectory in 2017 with a range of healthcare, senior living, commercial, and light industrial projects underway in Missouri, Illinois, Michigan, Wisconsin, and Kansas. He added that Kadean's revenues could hit $80 million by the end of this year.
Two of Kadean's most recent projects include the completion of the $13.1 million expansion of the Siteman Cancer Center, a state-of-the-art outpatient treatment facility at Barnes-Jewish St. Peters Hospital in suburban St. Louis, and construction of its fourth light industrial building in the Aviator Business Park in the City of Hazelwood, near St. Louis-Lambert International Airport.
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SOURCE Kadean Construction