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Article Excerpt There are a number of factors that can limit the growth potential of a demolition contracting firm.
Dave Whitley, executive vice president of Nuprecon LP, Snoqualmie, Wash., remarks that a demolition company "can only grow as fast as its human and financial capital allow."
Carefully building u p these vital assets have been critical tasks that Nuprecon President John Hennessy and Whitley have been focusing on this decade as the company grows by revenue and by operating regions.
JUST OFF THE BOAT
Of the routes taken into the demolition industry, John Hennessy's is probably one of the few that involves working on a crab fishing boat. But after working in that harsh and dangerous occupation in Alaska, Hennessy decided in the late 1970s that a chance to work in the demolition industry in Seattle was worth taking.
Hennessy spent eight years learning the industry and working his way up the ranks of the former Precon Enterprises before that company was dissolved in the mid-1980s.
Shortly thereafter, in 1986, Hennessy started his own demolition company with a core team including one of the owners of Precon and named the new entity Nuprecon.
Calling Nuprecon a demolition company is only partially correct, as from the start Hennessy has followed up on his vision to provide a number of services that can fully prepare a building site for a general contractor or owner/developer.
In its 20-year history, Nuprecon has added three operating divisions that can work either separately or in tandem with its flagship demolition company.
The company has also outgrown both its original office location and another office building it moved into in 1992. Earlier this decade, the company moved into its 45,000-square-foot-headquarters building in Snoqualmie, Wash., in eastern King County about 25 miles east of Seattle.
The company has also expanded geographically, with an Oregon Division created in 1990 and a Pacific Division based in Hawaii established in 2005....
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