Reeves Young Company Profile
Background
Founded in 1952, Reeves Young is a fully integrated construction company headquartered in Sugar Hill, Georgia. The company operates across five specialized business units: Commercial Public, Commercial Private, Water Resources, Heavy Civil, and Industrial. With a commitment to building strong relationships, Reeves Young emphasizes a people-centric approach, encapsulated in their motto, "Built by Relationship." This philosophy has enabled the company to deliver complex and technically challenging projects throughout the Southeastern United States.
Key Strategic Focus
Reeves Young's strategic focus encompasses a diverse range of construction services:
- Commercial Construction: Delivering high-profile projects for corporate and private clients, including hospitality, residential, and mixed-use developments.
- Heavy Civil: Specializing in complex infrastructure projects such as roadways, bridges, and large-scale site developments.
- Water Resources: Providing services in water reclamation, treatment facilities, and innovative water reuse technologies.
- Industrial: Constructing facilities for manufacturing, distribution, and logistics sectors.
The company leverages advanced technologies, including Google Cloud and Microsoft solutions, to enhance project efficiency and innovation.
Financials and Funding
As of recent estimates, Reeves Young generates an annual revenue of approximately $157.7 million, with a revenue per employee of $362,500. The company employs around 435 individuals and has experienced a 3% growth in employee count over the past year. Specific details regarding funding history and capital utilization are not publicly disclosed.
Pipeline Development
Reeves Young has been involved in several notable projects:
- Hyatt Centric Buckhead Atlanta: A hospitality project contributing to Atlanta's vibrant tourism sector.
- The Roxy Theatre: A cultural venue enhancing the local entertainment landscape.
- Corso Senior Living: A residential development catering to the senior community.
These projects reflect the company's capability to handle diverse and complex construction endeavors.
Technological Platform and Innovation
Reeves Young integrates modern technology into its operations to maintain a competitive edge:
- Proprietary Technologies: Utilizes a tech stack that includes ADP HRMS for human resource management and Google Cloud for infrastructure services.
- Scientific Methods: Employs advanced construction methodologies and project management tools to ensure precision and efficiency.
- AI-Driven Capabilities: While specific AI applications are not detailed, the company's use of modern technology platforms suggests a commitment to innovation.
Leadership Team
Reeves Young's leadership comprises experienced professionals:
- Dean Reeves, Chairman: With a background in technically challenging infrastructure projects, Dean has been instrumental in positioning the company as a leader in site development and infrastructure work.
- Eric Young, Chief Executive Officer: Renowned for his entrepreneurial solutions, Eric has led the company to significant growth, expanding from 14 employees to over 460 under his leadership.
- Steve Heyward, Chief Operating Officer: Bringing over 30 years of operations experience, Steve focuses on preconstruction efforts and collaborative project execution.
- Kyle Krejci, Chief Financial Officer: With more than 22 years in construction finance, Kyle oversees budgeting, financial reporting, and internal controls.
- Chad McLeod, President, Business Unit Leader – Commercial: With a foundation in civil engineering and over 20 years in project management, Chad ensures successful project execution.
- William Reeves, Executive Vice President, Business Unit Leader – Heavy Civil: Representing the third generation of Reeves leadership, William focuses on both preconstruction and construction phases.
- Matt McCormack, Senior Vice President, Business Unit Leader – Water Resources: With 30 years of experience, Matt specializes in large water projects and alternative delivery procurement.
- Stephen McMillan, Vice President, Business Unit Leader – Industrial: Stephen provides expertise in project management across industrial and manufacturing sectors.
- Ty Kelley, Vice President of Preconstruction: Ty focuses on preconstruction processes, managing subcontractor bids, and developing project cost certainty.
Leadership Changes
In 2023, Reeves Young announced significant leadership changes:
- Chad McLeod was named President, bringing three decades of experience to his new role.
- William Reeves was appointed Executive Vice President, continuing his family's legacy as the third generation of leadership.
Competitor Profile
Market Insights and Dynamics
The construction industry in the Southeastern United States is characterized by steady growth, driven by urban development and infrastructure projects. Reeves Young's diverse service offerings position it well within this expanding market.
Competitor Analysis
Reeves Young faces competition from several firms:
- DPR Construction: A national contractor with a focus on complex and sustainable projects.
- JE Dunn Construction: Offers comprehensive construction services with a strong presence in the Southeast.
- McCarthy: Specializes in commercial construction with a reputation for quality and safety.
- Balfour Beatty US: Provides general contracting and at-risk construction management services.
- Gilbane Building Company: Delivers a range of construction and facility management services.
These competitors vary in size and specialization, contributing to a dynamic and competitive landscape.
Strategic Collaborations and Partnerships
Reeves Young has engaged in strategic collaborations to enhance its market position:
- Acquisition of Potts Construction (2014): Expanded capabilities in vertical construction services.
- Expansion into New Markets: Opened offices in Nashville, Tennessee (2020), and Greenville, South Carolina (2021), to better serve clients throughout the Southeast.
Operational Insights
Reeves Young's strategic considerations include:
- Market Position: Leveraging a strong regional presence to target medium-scale projects where personalized service is a competitive advantage.
- Competitive Advantages: A diverse service portfolio and a relationship-driven approach distinguish the company in the construction industry.
Strategic Opportunities and Future Directions
Looking ahead, Reeves Young aims to:
- Expand Service Offerings: Continue diversifying into new construction sectors to meet evolving client needs.
- Enhance Technological Integration: Invest in advanced construction technologies to improve efficiency and project outcomes.
- Strengthen Regional Presence: Further establish offices and partnerships throughout the Southeast to capitalize on market growth.
Contact Information
- Website: reevesyoung.com
- LinkedIn: Reeves Young on LinkedIn
Reeves Young's commitment to building strong relationships and delivering complex projects positions it as a significant player in the Southeastern construction industry.