The region’s specialty contractors have plenty of work to keep busy, and many are diversifying their offerings while increasing their technological expertise to keep up with project demand in the Mountain States region, which includes Utah, Idaho, Montana, Colorado, Wyoming and the Dakotas.
At the same time, some businesses are waiting for interest rates to dip further before approving new projects. “Specialty contractors are largely in a wait-and-see period as the election and high interest rates are holding many owners back from starting new projects,” says Jamie Hodges, executive vice president, Industrial Constructors/Managers (ICM).
