RICHARD IS REDEFINING GROWTH IN THE CONSTRUCTION INDUSTRY

In an industry where immediate returns often overshadow corporate culture, Chicago-based Richard demonstrated a groundbreaking approach by proving that investing in people directly drives business success.

Jan 7, 2025 04:22 41 0

RICHARD IS REDEFINING GROWTH IN THE CONSTRUCTION INDUSTRY

September 16, 2024, In an industry where immediate returns often overshadow corporate culture, Chicago-based Richard demonstrated a groundbreaking approach by proving that investing in people directly drives business success. Over the past decade, the company has transformed from its modest beginnings in a basement in northern Chicago suburbs into one of the nation’s fastest-growing construction firms.

Achieving an extraordinary 390% revenue growth over the past five years, Richard earned a spot on the *Inc. 5000 Fastest-Growing Private Companies* list for five consecutive years. Last week, the company received further recognition by being named one of *Crain’s 2024 Best Places to Work in Chicago,* securing the No. 26 rank and improving its position by 40% since 2022. Notably, Richard became the only Illinois-based construction firm to earn the dual honor of being recognized by both *Inc. 5000* and *Crain’s Chicago Business* in the same year.

“We redefined traditional construction company culture,” said Jed Richard, CEO and founder. “By prioritizing our people and fostering an ethos of grit, gratitude, and greatness, we achieved exceptional growth while cultivating a workplace that inspires our team to deliver unparalleled quality, craftsmanship, and service to our customers.”

This people-focused strategy also enabled Richard to attract high-caliber talent in key areas, bolstering its operations, finance, and marketing capabilities. Notably, Steve Daunis joined the company as Vice President of Operations, bringing three decades of experience in construction management from his tenure at Mastec. Richard’s commitment to corporate culture and its proven impact on business outcomes have firmly established the company as an industry leader and a model for innovation in the construction sector.