Pickering Firm, Inc. Market Research Report

Background

Overview

Pickering Firm, Inc. is a full-service engineering and architectural firm established in 1946 by O.L. Pickering. Headquartered in Memphis, Tennessee, the firm has expanded its presence with offices in Flowood, Hernando, and Pearl, Mississippi, as well as Jonesboro and Little Rock, Arkansas. As a 100% employee-owned company, Pickering emphasizes a culture of ownership and accountability among its staff.

Mission and Vision

The firm's mission, "Service and Good Work," reflects its commitment to delivering high-quality engineering and architectural services. Its vision is to be the premier architectural, engineering, and environmental firm in the region, consistently meeting the expectations of clients, employees, stockholders, and the community.

Industry Significance

With nearly 80 years in operation, Pickering has established itself as a reputable entity in the engineering and architectural sectors, known for its comprehensive service offerings and dedication to client satisfaction.

Key Strategic Focus

Core Objectives

Pickering aims to provide in-depth, in-house services while maintaining personalized attention to clients. The firm focuses on thoughtful, intentional growth, investing in its people, and expanding its reach in a manner that reflects its core values.

Areas of Specialization

The firm's services include:

Facility Design

Civil Engineering

Surveying

Transportation

Water Resources

Natural Resources

Key Technologies Utilized

Pickering employs advanced design and survey technologies, such as Autodesk Revit and Python, to deliver innovative project solutions.

Primary Markets Targeted

The firm serves a diverse clientele, including government agencies, private developers, and municipalities, focusing on infrastructure, natural resources, and urban planning projects.

Financials and Funding

Funding History

As a privately held, employee-owned firm, Pickering has not publicly disclosed detailed funding histories or recent funding rounds. The firm has been debt-free for over 20 years, indicating strong financial stability.

Revenue Estimates

Estimates of Pickering's annual revenue vary, with some sources suggesting figures between $10 million and $60 million.

Pipeline Development

Specific details regarding Pickering's pipeline development, including key projects, stages of development, target conditions, and anticipated milestones, are not publicly disclosed.

Technological Platform and Innovation

Proprietary Technologies

While Pickering utilizes advanced design and survey technologies, specific proprietary technologies are not publicly detailed.

Significant Scientific Methods

The firm employs state-of-the-art engineering practices, including the use of Autodesk Revit and Python, to enhance project delivery and innovation.

Leadership Team

Executive Profiles

Bob Pitts, PE, Chief Executive Officer: With 27 years at Pickering, Bob has played a central role in operations, team development, and strategic planning. His leadership emphasizes collaboration, stability, and trust.

Mike Foster, PE, President: Celebrating 20 years with the firm, Mike brings extensive experience in project delivery, client service, and regional relationship-building, particularly in Arkansas.

Curt Craig, Vice President of Business Development: With over 30 years at Pickering, Curt oversees corporate business development, focusing on advancing the firm's visibility, impact, and growth across the region.

Leadership Changes

In July 2025, Bob Pitts assumed the role of CEO, Mike Foster became President, and Curt Craig joined as Vice President of Business Development, following the retirement of longtime CEO Mike Pohlman.

Competitor Profile

Market Insights and Dynamics

The engineering and architectural services market is characterized by a mix of large multinational firms and regional players. Companies like AECOM, CDM Smith, HDR, and Stantec are prominent in the industry, offering a range of services across various sectors. Pickering's focus on personalized service and regional expertise positions it uniquely within this competitive landscape.

Competitor Analysis

AECOM: A global firm offering infrastructure and environmental services.

CDM Smith: Specializes in engineering, construction, and environmental services.

HDR: Provides architecture, engineering, and consulting services.

Stantec: Offers design and consulting services in infrastructure and facilities.

Strategic Collaborations and Partnerships

Specific details regarding Pickering's strategic collaborations and partnerships are not publicly disclosed.

Operational Insights

Pickering's employee-owned structure fosters a culture of ownership and accountability, contributing to low employee turnover and a strong commitment to client satisfaction.

Strategic Opportunities and Future Directions

The recent leadership transition presents an opportunity for Pickering to reaffirm its commitment to growth, innovation, and community engagement, aligning with its mission and values.