Class Visit to Ridgemont Construction

Ridgemont Construction

Seth Williams, Director of Business Development, discussed his work experience and how he landed his current position at Ridgemont.  Seth enjoys working there and the environment.  He feels that their culture has given him the reigns to do what he needs to do to be successful.  Ridgemont has been in business for thirty six years.  They are purely a general contractor subcontracting all work and does some design build.  To remain consistent with quality, they only subcontract to same companies.  Other key points that Seth mentioned about the construction business is listed below:

• Bonding as a whole show the strength of the company
•  All public projects are bonded
•  73% of they're work is repeat business
•  Seven key customers produce a lot of their revenue 
•  There is more risk associated with the construction business
•  There are no barrier to entry to the construction market      

 

We also visited the construction site for a Chrysler dealership, Rigdemont is the general contractor.  The superintendent, Reese Goewert, discussed some of the anomalies he has faced along the way.  He mentioned that the project was delayed do inspection and material/supply deliveries.  Reese is passionate about his job.