St. Louis-based The Hicor Group is projecting record revenue in excess of $6 million in 2018, an anticipated 50 percent increase over 2017 revenues.
To support this growth in project work, the carpentry services provider has added 40 new full-time carpenters to its staff since the beginning of 2018. The Hicor Group, a minority certified (MBE) contractor, also has become a stand-alone company after operating for its first four years as a subsidiary of St. Louis-based Unitech Consulting.
“Becoming a stand-alone company is a big step for us and the result of our hard work and steady growth since 2014,” said Andrew Stafford, president of The Hicor Group and a 15-year veteran of the construction industry. “It’s a testament to our talented and dedicated employees.”
Most of Hicor’s growth in 2017 and 2018 has come from a wide array of carpentry projects in commercial, multi-family/senior living and restaurant/retail markets including the Nathaniel Rivers Apartments in St. Louis, Covenant Place II in Creve Coeur and Level on Locust in downtown St. Louis.
Hicor has installed case-work, counters, architectural millwork, interior fixtures and provided framing and drywall service for a variety of restaurant projects including Shake Shack, Texas Roadhouse and McAllister’s Deli.