SALT LAKE CITY — Seven Utah-based commercial contractors were included 2011 list of the top 400 contractors in the United States, a list published annually by the Engineering News Record.
The rankings are recognized in the construction industry as the standard by which construction companies are rated. Layton Construction, the largest contractor in Utah, led the Utah-based companies at number 64, which included Okland Construction (78), Jacobsen Construction (132), Clyde Companies (202), Big-D (204), R&O Construction (243), and Wadsworth Brothers Construction (399).
ENR senior editor Gary Tulacz said the recession continues to plague large contractors in the U.S.
"ENR's Top 400 Contractors list illustrates the downturn's depth and breadth," Tulacs said. "About two-thirds of this year's Top 400 showed a falloff in revenue in 2010 from 2009."
Utah's construction companies mirror the tough market conditions nationwide, continuing to slide from record-high revenues in 2008. The Cumulative revenue of the top four Utah-based contractors on ENR's Top 400 list fell from $2.94 billion in 2008 to $1.92 billion in 2010, a 35 percent decline.
Local projects such as City Creek Center, the USTAR Molecular Biotechnology building and the Huntsman Cancer Hospital expansion and the NSA Data Center project continue to sustain the local commercial construction industry.