A family-owned construction company in Gorham sees much opportunity ahead, and despite the state’s labor shortage is encouraged by an increase in younger workers entering the industry.
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Great Falls Construction, a family-owned company in Gorham, employs 40 individuals and looks forward to a year full of growth and new opportunities.
“We’re at a time when there’s a lot of activity going on, a lot of projects, people are busy,” says Jon Smith, president of the firm. “There’s a lot of room for opportunity when it comes to construction.”
Cindy Smith, vice president of the firm, says Great Falls has seen an increase in millennials coming into the field.
“It’s pretty exciting to see more young people going into construction,” she says.
The company looks at what sets it apart when it comes to planning for further growth and success.
“We have a lot of good competitors,” says Jon. “We’re a small, family-owned company and we focus really hard on our culture as an organization.”
Throughout the state, Jon Smith says that there is a big focus on workforce development which he and Cindy believe is important. This is an important area for the company, too. “As a team, we’re doing a lot of things as well,” he says.
Another challenge the firm faces in 2020 is workforce development. Jon notes, “The aging workforce not only affects us but our subcontractors as well.” He notes that all are feeling the pinch, and says, “We have to adjust accordingly.”
The diversity and younger workforce employed by Great Falls Construction is something that both Jon and Cindy appreciate. “It’s really pretty exciting to see,” says Jon.
Employees of Great Falls Construction enjoy some interesting perks. Two of the most notable are college tuition repayment and healthcare coverage. Cindy notes that the company assists in paying off student loans for eligible employees. It also pays 100% of health care insurance for its team members.
That benefit is also one of the company’s greatest challenges. Cindy states that the health care costs for small businesses are extremely high. However, the company is proud to offer this ongoing benefit to its employees. “Our goal is to have career-minded team members,” she says. “And our team members really need that benefit.”