The Bannett Group
Overview
The Bannett Group is a respected, privately owned integrated design/build construction company headquartered in Cherry Hill, New Jersey. Since its inception in 1970, the company has nearly 50 years of expertise in offering comprehensive construction and architectural design services. Operating predominantly in New Jersey, Eastern Pennsylvania, Southern New York, and Delaware, The Bannett Group specializes in a variety of sectors, including Medical, Multi-Site Retail, Restaurant, Veterinary, Faith-Based, and Commercial design and construction projects.
Company Structure and Operations
The Bannett Group employs between 11-50 professionals and is widely acknowledged as a proficient commercial general contractor. It excels in Design-Build Project Delivery, Construction, Architecture, and Construction Management. The company is spearheaded by a seasoned management team:
- Scott Bannett - Owner
- Paul King - Chief Operating Officer
- Steve Ciccarelli - Vice President of Sales & Marketing; recently featured on a podcast discussing building robust client relationships.
- Joseph Militch - Vice President
- John Riggi - Vice President of Finance & Accounting
- Anthony Sirizzotti - Vice President of Architecture
- Lynn Shuster - Director of Construction Management, responsible for overseeing construction operations.
- Matthew Connor - Architectural Project Manager
- Aubrey Devonshire - Assistant Project Manager
Other key personnel contributing to the company's success include:
- Jerry Melvin, Jr. - Construction Superintendent with a focus on safety.
- Michael Riley - Project Executive
- Matthew Perch, LEED AP - Estimator
- Chris McGinnis - Director of Business Development
Financial Overview
- Estimated Annual Revenue: $18 million
- Employees: 69
- Employee Growth Rate: -5% last year
Recent Developments and Projects
The Bannett Group recently completed notable projects, including the construction of a Chick-fil-A in Hanover, NJ, and a Dollar General store in Galloway, NJ. The construction of a new Freddy’s Frozen Custard & Steakburger in Cinnaminson, NJ, highlights their ongoing regional expansion. Furthermore, the company emphasizes continuous staff development, as evidenced by their participation in training sessions by Colliers Engineering & Design.
Industry Recognition and Community Engagement
The company's commitment to safety is recognized via their internal Job Safety Awards, with notable accolades awarded to Jerry Melvin and Michael Isdaner for their adherence to safety protocols.
Key Competitors
The Bannett Group competes with several companies in the construction industry:
1. LA Design and Construction
- Estimated Revenue: $1.9 million
- Employees: 11
- Employee Growth: -8%
2. Hutchinson Plumbing Heating Cooling Energy Services
- Estimated Revenue: $37.4 million
- Employees: 129
- Employee Growth: 3%
3. Haddad Plumbing and Heating
- Estimated Revenue: $19.6 million
- Employees: 75
- Employee Growth: 4%
4. Weeks Marine
- Estimated Revenue: $1.07 billion
- Employees: 2,641
- Employee Growth: 3%
5. Mount Construction
- Estimated Revenue: $24.1 million
- Employees: 83
- Employee Growth: -3%
Other competitors include Calvi Electric, Nichols Electric, RPM Performance, HMMA, and CCI Construction, showcasing a competitive landscape ranging from smaller firms to industry giants.
Business Insights
The Bannett Group holds a competitive middle ground in terms of revenue and employee size in its industry. It offers unique opportunities in niche markets such as medical and multi-site retail construction. Optimizing its revenue per employee, which is currently estimated at $261,000, and addressing the -5% employee growth rate through strategic hiring and management, presents significant competitive advantages. Embracing advanced construction technologies and exploring projects beyond its current geographic focus could be pivotal for future growth.
Contact Information
For more details about The Bannett Group, please visit their official [website](http://www.thebannettgroup.com). Their headquarters is located at 1998 Springdale Road, Suite 101, Cherry Hill, New Jersey 08003, US.
