G2 Consulting Group Announces Fourth Record Year
TROY, MI New construction projects took center stage in Michigan in 2015. These projects helped propel G2 Consulting Group, a Troy, Michigan, -based geotechnical, environmental and construction services firm, to its fourth consecutive record year. The company reported revenue growth of more than 30 percent in 2015, following double-digit growth in each of the three previous years.
"It always takes a couple of extra years for an economic recovery to hit government and municipal coffers," said Mark Smolinski, P.E., G2's Principal. "G2 Consulting weathered the storms of the recession years and used the time to build the company internally, to get smarter about the industry and the role we could play in it. Because of this, we were well prepared to complete a number of significant projects in 2015. We also made some moves to make us even more competitive and, we believe, added more value for our clients in the future."
One of the key 2015 highlights was the June acquisition of Birmingham, Michigan, -based Schleede-Hampton Associates, a former competitor, which will help the combined company expand its expertise as well as reach new industries and geographies.
During 2015, G2 completed a variety of projects for MDOT, including design build work with Dan's Excavating and Bergmann Associates on the reconstruction of the I-75-University Drive interchange in Auburn Hills, Michigan. The firm partnered with Hardman Construction to design and build the earth retention walls for the new $450 million Red Wings Arena in Detroit, Michigan, and worked with Giffels Webster and Scannell Properties on construction of the 60 acre, 300,000-square-foot Fed Ex distribution center in Oak Park, Michigan. In October, G2 was selected by RS Engineering to become part of the team for reconstruction of the I-94/Cadillac bridge in Detroit in preparation for the massive $3 billion, 20-year I-94 reconstruction project, slated to start in 2017.
Licensed to work in 35 states, G2 is a regional and national leader in managing complex geotechnical and engineering projects. Other 2015 highlights include:
The company was awarded a three-year "as needed" indefinite services contract by MDOT in January.
In June, G2 was part of the team that won the ASCE (American Society of Civil Engineering) Outstanding Civil Engineering Award for its work on the I-96 reconstruction project in Wayne County (MI) in 2014. This project also earned recognition by the Engineering Society of Detroit and CAM magazine as a signature construction project in Michigan.
In July, G2 was named one of the top 100 "Hot Firms" nationally by Zweig Group, a leading research, publishing and consulting firm in the AEP (Architecture, Engineering, Planning) and environmental consulting fields. The award is based on revenue growth over three years.
In July, G2 added two new equity partners - Mark Stapleton and Amy Schneider, both of whom had been with the firm for over a decade - to its top management team. During the year the company hired 13 new employees a 27 percent increase in staff for the year, and up more than 50 percent from just two years ago.
The firm completed more than 2,500 projects running the gamut from infrastructure, wastewater, telecomm, health care, automotive and private sector work.
"The jobs we won and the recognition we received made 2015 a very good year for G2 and positions us for an even better 2016," said Smolinski. "Solving construction problems quickly and efficiently is our focus and we continuously reinvest in our people, our technology and our knowledge to ensure that we can meet whatever construction challenges we're given. We look forward to successfully meeting more of those challenges and growing the business further in 2016."