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Stepping up; Washington construction boom gives Beltsville builder a boost.

Publication: The Washington Times
Publication Date: 22-MAY-03
Format: Online
Delivery: Immediate Online Access
Full Article Title: Stepping up; Washington construction boom gives Beltsville builder a boost.(BUSINESS)

Article Excerpt
Byline: Marguerite Higgins, THE WASHINGTON TIMES

A Beltsville construction company is capitalizing on the Washington area's booming building industry.

Gilford Corp.'s revenue has climbed from $3.6 million in 1996 to $62 million last year, on the strength of steady contracting with the federal government and by diversifying in the private sector, owner Henry Gilford said.

"The number of contracts out there from the D.C. and federal government has made the company recession-proof," Mr. Gilford, 58, said during a tour of the site for the under-renovation Carlos Rosario International School on Harvard Street in Northwest.

Seventy percent of Gilford Corp.'s work is with federal and local governments - primarily the State, Homeland Security and Transportation departments - and 30 percent is with the commercial and...

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