LOCATION: N57 W14502 Shawn Circle, Menomonee Falls, WI 53051
WEB SITE: www.hurtelectric.com
YEAR FOUNDED: 1996
PRODUCT OR SERVICE OFFERED: Electrical construction.
PROJECTED 2008 REVENUE: $4 million
LEADERSHIP TEAM: Henry Hurt, president; Ronald Rechlicz, vice president/treasurer; and Timothy Jahn, vice president/secretary.
TARGET CLIENTELE: New construction, remodel and industrial.
BUSINESS ORGANIZATION MEMBERSHIPS: The Business Council; National Electrical Contractors – Milwaukee Chapter; International Association of Electrical Inspectors; and MMAC.
WHAT HAS FUELED YOUR COMPANY’S GROWTH? More bidding opportunities, repeat customer business, business networking and good partnerships with other contractors.
WHAT IS THE BIGGEST OBSTACLE TO YOUR COMPANY’S GROWTH? Sustained access to capital; smart bidding.
DO YOU PLAN ANY CHANGES IN YOUR COMPANY IN THE UPCOMING MONTHS? No, we’ll keep looking for good opportunities to work with general contractors and customers. We have talented workers at our company.
WHO ARE THE BUSINESS PEOPLE, LOCALLY OR NATIONALLY, WHOM YOU ADMIRE? AND WHAT TRAITS DO THOSE PEOPLE EXHIBIT THAT MAKE YOU ADMIRE THEM? I have gotten to listen to some great business people. Some are still alive. Some are still in business. They gave me great advice. I don’t want to leave anyone out. I admire smart business people who look at the whole picture. They know that how they run their business has an effect on the local, regional and sometimes national market. They are good business models. They realize what the market conditions are and do the smart things. I talk regularly with many of them.
WHAT IS THE OUTLOOK FOR THE BUSINESS CONDITIONS OF YOUR INDUSTRY OVER THE NEXT SEVERAL MONTHS? It’s anybody’s guess at this point. The cost of doing business has risen dramtically over the last 1.5 years. We’re directly affected by fuel and material costs. The economy has got to improve. It’s about having the money to spend.
