#53 The Original Roofing Co. LLC | Top 100 Roofing Contractors
The Original Roofing Co. LLC
Location: Las Vegas, Nev.
Founded: 1994 by Guy Bennallack
Current Principal Owner: Guy Bennallack
Scope of Work: 65 percent Commercial; 35 percent Residential
Company Specialty: Commercial and residential roof tear-offs, installations, new construction, replacement and remodeling.
Number of Employees: 155 non-union
Website: theroofingcompanylasvegas.com
Social Media: Facebook, Twitter, Google+, Pinterest, YouTube, LinkedIn, Instagram
2017 Annual Revenue: $26.9 million
Last year was: “2017 overall was a very successful year but not without a lot of obstacles to overcome,” said Guy Bennallack, managing member. “Profits should have been much higher but due to several factors the increase in net earnings over 2016 were not substantial but modest. Labor was the number one issue and will continue to be an ongoing problem. The labor force is not growing with the pace of industry and more importantly there are very limited resources to draw from for qualified installers. The construction trades overall have suffered from the lack of vocational or training programs. The earnings for these trades have been driven down over time and have been so low no one is interested. Wages are now at an all-time high but this will take time, actually years, to draw prospective tradesman back to the construction industry. Constant material increases and labor increase did have a big impact on profits and it looks like these factors will be affecting profits in 2018 also.”
This year will be: “2018 financial outlook is ever-changing as our government works to stabilize the trade deficit internationally,” Bennallack said. “We have been hit pretty hard with material increases due to the tariffs put in place and more increases are expected until U.S. production can come on line for steel and other materials we have relied on from other countries.
“Labor will continue to be a factor, qualified and unqualified labor are scarce and will limit growth but net earnings should increase as performance will command higher prices. Upper-level positions are much harder to fill as qualified individuals are almost nonexistent; this will require a higher investment on in-house training programs to develop the talent internally. We do expect earnings to grow along with total revenues but modestly due to the listed constraints.”
