Overview
CFE Construction Inc., based in Akron, Ohio, is a general contracting company providing turn-key construction services with over 25 years of experience. The company is known for its excellence in safety, quality, project budgeting, and timely execution of commercial and residential construction projects.
Leadership
The leadership of CFE Construction Inc. is directed by Kelly McKay, who has been the CEO and CFO since October 2016. With more than eight years in leadership at the company, McKay focuses on steering the company's strategic direction and operational efficiency.
Workforce and Operations
CFE Construction Inc. operates with a streamlined team of 2-10 employees, including skilled Project Managers, Field Site Superintendents, and Installers. The company's emphasis lies in managing projects efficiently, especially regarding budgetary constraints and timelines, ensuring top-tier construction results for its clientele.
Financial Performance
The company reports an annual revenue between $1 million to $5 million, reflecting its stable performance within the targeted niche of commercial construction services.
Services and Offerings
Functioning as an active carrier in Ohio, CFE Construction Inc. offers building maintenance, large machinery, and construction-related transportation services. Their reputation in the region is built on their high-quality project management and construction service delivery.
Marketing and Online Presence
CFE Construction Inc. maintains a robust digital presence through its official website [cfecon.com](http://www.cfecon.com), along with active profiles on LinkedIn and Instagram. These platforms serve as pivotal tools for showcasing company projects, updates, and various engagements with potential clients and the community.
Competitive Landscape
Key Competitors
1. Gilbane Building Company: Positioned as a leader in construction and real estate development with a rich history of notable projects like the New York World's Fair and Fenway Park. Headquartered in Providence, RI, it holds a strong market presence in the U.S.
2. Jacobs Solutions Inc.: A Dallas-based global entity specializing in engineering and construction services, notable for its international reach and consistent top rankings among design and engineering firms.
3. Kiewit Corporation: One of North America’s largest construction and engineering entities with operations spanning power, industrial, and transportation sectors, well-regarded for its project excellence.
4. Cadeler: A Denmark-based enterprise focusing on offshore wind farm construction, showcasing significant expertise in renewable energy projects with its fleet of jack-up vessels.
5. Vector Construction: Specializes in concrete restoration and protection technologies across North America, emphasizing innovative solutions in concrete and corrosion management.
Competitive Analysis and Strategic Implications
CFE Construction Inc. encounters significant competition, particularly from established names like Gilbane and Jacobs that boast extensive experience and broad service portfolios. Meanwhile, Cadeler and Vector’s specialization in niche markets like renewable energy and concrete preservation showcases varied competitive strengths.
The strategic analysis suggests that CFE Construction Inc. could explore opportunities in niche service areas, technological advancements, or collaborations within large-scale projects. Monitoring emerging industry trends, such as sustainability and technical innovation, would be crucial for growing its market presence.
For CFE Construction Inc., aligning service offerings with client and market demands, and potentially venturing into specialized or collaborative projects can furnish a competitive edge and drive future growth.
