The Business Side of Family
One of the most striking things about family-owned businesses is that their roots
extend far and wide through the community. For the
companies that beat the
succession odds—only about 12 percent make it
past the second generation—
their legacy is not all about the name of the founding family. It’s about
embracing employees, contributing to the
community and receiving
support in return.
The Positive Side Effects
of Mechanical Retrofits
When the economy was in the throes of the recession, retrofit work kept
many mechanical contractors afloat. By replacing older, degraded
equipment with high-efficiency models, or optimizing the design and
controls of an HVAC system, they helped shrink clients’ energy consumption by
20 percent to 50
percent, sometimes with a payback period of one to four years.
New Training Resources
Iowa’s construction industry is experiencing what most other states are
facing: a large number of baby boomers retiring and a lack of young people
being exposed to the skilled trades.