B

brasfield-&-gorrie,-llc

lightning_bolt Market Research

Overview


Brasfield & Gorrie, LLC is a leading general contractor based in Birmingham, Alabama, engaged in diverse construction projects across the United States. Originating as the Thomas C. Brasfield Company in 1921, it was rebranded by Miller Gorrie in 1967 and has since experienced substantial growth. Operating as a privately held firm, Brasfield & Gorrie continues to be a significant player in the construction industry.

Financials and Operations


As of 2023, the company reported a robust $5.83 billion in revenue. Brasfield & Gorrie maintains a strong operational presence with 12 regional offices across the country and employs approximately 3,517 people.

Leadership


The leadership team at Brasfield & Gorrie includes:
  • M. Miller Gorrie: Founder and Chairman

  • Jim Gorrie: Current Chief Executive Officer, transitioning to Executive Chairman as of January 1, 2025

  • Rob Blalock: President and incoming CEO from January 1, 2025

  • Matt Carrington: Chief Financial Officer

  • Greg Hunsberger: Chief Operating Officer for Planning and Technology

  • Jill Deer: Chief Administrative Officer


Services and Specializations


Brasfield & Gorrie offers services encompassing general construction, construction management, and design-build operations. Advanced project management techniques like integrated project delivery (IPD) and design-assist are employed to deliver efficient and innovative solutions.

Key Markets


  • Commercial: Specializes in high-rise and mixed-use developments.

  • Healthcare: Leading healthcare facilities' construction, ranked #1 among healthcare general contractors nationally.

  • Government and Institutional Projects: Involves courthouses, military facilities, and educational institutions.


Major Projects and Achievements


Significant projects include:
  • SunTrust Park (Truist Park) in Atlanta, home to the Braves.

  • Georgia Aquarium and its expansions.

  • HCA Florida West's new parking deck and cancer center in Miami Beach.


Brasfield & Gorrie ranks consistently high among industry peers, placed at #21 in the Engineering News-Record's "Top 400 Contractors" list for 2022.

Strategic Insight


The upcoming leadership changes with Jim Gorrie transitioning to Executive Chairman and Rob Blalock becoming CEO are pivotal. This transition aims to drive new phases of innovation and market growth, aligning with the firm’s long-standing commitment to quality and competitive positioning.

Competitor Profiling



Overview and Financials


Brasfield & Gorrie maintains a significant hold in various sectors such as healthcare, hotels, industrial plants, and more, with major operations in Alabama, Florida, Georgia, North Carolina, and Tennessee. Their reported revenue was $1.6 billion with a workforce of about 3,911 employees, reflecting a 2% increase in employee growth over the past year. The estimated revenue per employee stands at $406,000.

Key Competitors


The competitive landscape includes several prominent firms:
1. Turner Construction Company - Managing approximately $17 billion in projects annually with over 11,000 employees.
2. JE Dunn Construction - Notable for design-build and construction management expertise.
3. DPR Construction - Known for handling highly complex and sustainable projects.
4. Holder Construction - Leads in data centers with a collaborative approach.
5. Alberici - Delivers significant North American projects with a focus on quality.
6. Suffolk Construction - National leader in redefining construction possibilities.

Competitive Insights


Brasfield & Gorrie's competitive edge is reinforced by its comprehensive service offerings and strategic focus on healthcare construction and regional expertise in the Southeast US. The presence of competitors like Turner and DPR introduces challenges, particularly in scale and technical specialization. Maintaining strong regional ties and client relationships is crucial for the company to continue thriving in a competitive market.

Strategic Opportunities


Brasfield & Gorrie has the opportunity to expand its project types and geographic reach. Emphasizing sustainability and technology in construction practices can boost competitiveness against advanced firms like DPR Construction. High service standards and strong client relations are vital to transforming potential opportunities into tangible success in the face of competitive pressures.
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