Orlando Business Journal Names FINFROCK #1 Among 25 Firms Based on Local Revenues
After nearly 75 years in business, FINFROCK has been named the largest local construction company/general contractor in Central Florida by the Orlando Business Journal. The ranking of number one out of 25 local firms is based on 2017 Central Florida operating revenues, which FINFROCK reported at $200.2 million.
One of the most significant reasons for the achievement of this designation is the company’s patented, proprietary DualDeck ™ Building System which is unprecedented in the Design-Build industry and has led to multimillion dollar projects across the state. In 2015, FINFROCK utilized the DualDeck ™ for its first commercial development project, the HYATT house Naples/5th Avenue. The success of this project earned local and national attention and led to FINFROCK’s participation in a public private partnership to build a $134M on-campus student housing project for the University of South Florida. This was the company’s largest project to date, but the momentum had just begun. That same year, Alliance Residential LLC, the second largest apartment development company in the nation also hired FINFROCK to design-build a seven-story, 268-unit upscale multifamily housing project and 480 space precast concrete parking garage, for a total value of $40-50M. In addition, the company continued to contract for nine more parking garages across the state in 2017.
“We are very proud to be recognized as the largest construction company/general contractor in Central Florida,” said Allen Finfrock, CEO. “We have seen tremendous growth with the DualDeck™ because it offers unparalleled durability and enables record-breaking construction times. As a result, we have over $500M backlog of work projected over the next two years.” The DualDeck ™ has also received local and national editorial coverage as well as being filmed for Public Television.
As a result of this success, the company has invested $6.6 million in its headquarter facilities, adding 7,000 square feet of office space and expanding its manufacturing plant. The company will hire more than 100 new positions in 2018 and projects 30-40% revenue growth this year.
FINFROCK is a single source of responsibility for complete, finished buildings. As a result, we offer a low risk, cost effective, faster method of building. The combination of our delivery process, technologies and building system cuts onsite construction time nearly in half; providing substantial economic benefits to projects. Visit our website to learn more.
FINFROCK is an independently owned group of Florida corporations headquartered in a 93-acre complex in Central Florida. The companies, Finfrock Design, Inc., Finfrock Industries, Inc., and Finfrock Construction, Inc., offers complete design-build services for structured parking, student housing, multi-unit residential, hotel, mixed-use, and office buildings. Customers include private owners, developers, building contractors, and governmental agencies.