Hawaiian Dredging Construction Co. Inc. has once again secured its position as the top general contractor in Hawaii, according to a recent ranking published by Pacific Business News. The company reported gross billings of $1,000,000,000 in 2024, underscoring its significant impact on the state's construction landscape. This prominence offers insights into the local economy and the firms driving it.
Established in 1902, Hawaiian Dredging Construction Co. Inc. has a long-standing presence in Hawaii, employing 948 local professionals. The company's continued success is indicative of a robust construction market, fueled by various factors including public and private projects. They have a significant number of top executives leading their operations, including Gerry Majkut as President. Further indicating their efforts to maintain a safety-conscious work environment, Hawaiian Dredging Construction Company frequently emphasizes safety and employee well-being in its communications.
The construction industry in Hawaii continues to navigate challenges, including supply chain disruptions and labor shortages, according to Building Industry Hawaii's 2024 report on top contractors. Despite these hurdles, many companies report significant revenue growth, demonstrating the industry's resilience and the ongoing demand for construction services. The demand can be linked to government projects, and a steady stream of contracts awarded by the Hawaii Department of Transportation.
For entrepreneurs and investors, this information offers valuable insights into potential opportunities. The success of Hawaiian Dredging signals a strong market for construction-related businesses, from material suppliers to subcontractors. The presence of large government projects is also an encouraging factor, suggesting stability and growth potential within the sector. It helps to highlight where investment and business development are most likely to thrive.
