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Well the rest of my year looks alot better than the first half. When the year began, we didn't have anything on the books.
Since then we have completed a selective interior/exterior demo, a couple of concrete tear out's and replace, a couple of small commercial site jobs, some high end residential work and some interior commercial building.
I have 2 small houses to tear down, bid 2 interior demo's and rebuild this week and started a good size site work job this week for a hotel. I have also picked up the site prep work for a fast-food chain that is building 5 new stores around my neck of the woods.
The major problem is fuel of course. It seems that I am working twice as hard and making 1/2 the money I was.
I see a lot of commercial work out there right now but the residential market is slowwww.
Looking good so far, I am working on a site work/lot build back and have picked up a maintenance contract that will last for three years, so at least there is some cash flow guaranteed.
I have 2 jobs on the books that I bid 2 months ago when Diesel was around $3.80 a gallon now its pushing $4.25 a gallon and the jobs don't start for another month. After all the fence is installed, phase 2's are done and abatement is finished and I get to tear down the buildings Diesel will be around $4.35 a gallon and my profits will be wittled down from the high fuel costs.
We have been busy with all our equipment and personnel. We picked up a nice nine story demo job in New Orleans, along with some more plant work in Baton Rouge and Houston. I do thing it is definitely slow out there, our backlog is a little thin. I think in today's market you really need to be able to work in all areas of the business, Commercial, Industrial, Petro-Chemical, etc. We couldn't do it any other way. It's been really nice having the scrap market where it is but it seems like that benefit is negated by the increase in fuel and trucking cost.
It's a concrete building, 250' long by 80' wide, its on the Westbank of the Mississippi river in Gretna. We used a long reach excavator to demo the building. We are waiting on a contract for a Federal Building in downtown N.O. That will help keep some equipment and manpower busy through the summer.