Introduction
Concrete Installation LLC aims to be the best concrete formwork company in the region. Concrete Installation LLC will strive to be the area’s leading provider of concrete formwork services. This requires having the most efficient processes and facilities as well as the best people. To achieve this, Concrete Installation is investing in many ways that will pay off in competitive advantages for its customers.
The company’s overall strategy rests on the continuous improvement of its objectives, measuring their results, and providing feedback for further growth and progression.
Concrete Installation, a Oklahoma Limited Liability corporation, has its headquarters in Sulphur. Concrete Installation’s management team has extensive experience and is highly qualified. Barry Newman, a veteran of the construction industry for over ten years, leads the management team.
Products/Services
Concrete Installation has developed sophisticated formwork solutions for some of the most complex construction projects being done today. Concrete Installation’s standard forms are flexible and easily adaptable to various configurations like Y-walls or shafts.
Concrete Installation is flexible enough to be used for almost any type of construction that involves forming. The company’s experienced staff is able to design and produce any accessory item or component required to complete the formwork package.
Concrete subcontractors, owners, developers, general contractors, construction managers, and general contractors have made significant labor and material cost savings by using structural contours construction systems, methods, and equipment. Applications include commercial and residential structures, bridges, educational projects, recreational projects, civil projects, tunnels, utility projects, environmental projects, and virtually every other type of concrete construction.
The Market
The housing industry has experienced a rapid pace over several years. 1998 saw the completion of 886,000 single-family homes built on-site. It was an all-time record. This represented a 10% increase over the 804,000 homes that were sold in 1997 and an 8.1% increase from the 1977 record of 819,000 homes. Of the $125,000,000 in industry revenue, $48 million was generated by single-family housing. This provides a fantastic opportunity to expand Concrete Installation and gain significant market shares in its primary target segment. The company will also be focusing less on the residential construction and heavy construction industries, which are both very strong at the moment.
The company is aiming to quickly build marketing alliances, and sell its services to residential and business builders. Concrete Installation is aiming to profit from its alliances with industry leaders by securing contracts for city, county and federal governments.
Concrete Installation plans use a direct selling force, relationship sales, as well as subcontractors, to reach its markets. These channels are the most suitable because they offer a faster time to market, lower capital requirements, and easy access to established distribution channels.
Financial Considerations
We expect the company to be profitable within its first year of operation. Despite large initial cash outlays to encourage sales, the company’s cash balance is expected remain healthy. The company expects to earn approximately 1.5 million dollars in revenue by Year 3.
1.1 Mission
The mission of Concrete Installation is to provide quality service at competitive pricing.