The holidays are a season for reflection on the past and thoughts about the future. 2014 was a very good year for DCI Engineers, with significant growth and many exciting new projects. With a solid economic outlook ahead, 2015 promises to continue the growth and excitement in our industry.
I just returned from New York, where I attended the fall meeting of the Urban Land Institute, a real “Who’s Who” of the real estate industry. There was almost universal optimism for steady growth, barring any unforeseen catastrophes. There was general agreement that the GDP growth rate, while steady, was being depressed by the lack of legislative action on immigration, tax reform, and infrastructure investment, as well as a number of other issues. But after enduring the wreckage resulting from a decade of artificially easy money and impetuous investment practices, there was also consensus that there are worse things to endure than five or more years of steady 2.5 percent growth.
DCI Engineers is experiencing the benefits of this steadily improving economic environment, and some of our markets can clearly be labelled “hot.” It’s been long enough since business has been this booming that it is worthy of note and celebration. Our hard work and the continued patronage of our friends and clients has resulted in a steady recovery every year since the Great Recession brought a dramatic drop in revenue, beginning in 2008. With continued revenue growth and the increasing contributions from our new offices in Irvine, San Francisco and Anchorage, we will end 2014 with a more than 10 percent increase in revenues over 2013. We are looking forward to continued growth in 2015 with multiple large projects around the country on our horizon.
I am proud of our partners, great staff, friends and clients, and our entire industry. We were hammered by forces beyond our control in a way that few industries ever experience, but the true quality and perseverance of the people who design and build this great country would simply not be denied. Other than to establish lessons learned, I do not spend too much time dwelling on what happened in 2008 and 2009. But our recovery from that low point does remind me of the long view that those in our industry must keep in our consciousness and planning. It certainly made me ponder the remarkable development and growth of our company over the last 26 years. Those of us at DCI with long memories put together the attached timeline of our company history. We enjoyed developing it, and we hope it stirs good memories for some of you as well.
All the best from DCI,
Mark D. Aden, P.E., S.E.
President of the Firm
About the Author
Mark D. Aden, P.E., S.E., LEED AP, President | Mark has been involved in the construction industry since his days working for his father as a hodcarrier at Aden Masonry in Kennewick, Washington. He loves to see buildings and physical developments become reality, particularly when DCI had a role in their design. His time away from this great profession is spent traveling, running, golfing, hiking, boating, or motorcycling around the West with his wife or friends.