A St. Louis-based contractor has opened a new office in Malvern, which will bring it closer to projects in the Greater Lehigh Valley region.
Kadean Construction said it opened the new office to help support the design/build contractor’s fast-growing base of logistics and industrial construction projects in the Northeast Region of the country.
Since 2021, the St. Louis-based contractor said it has completed 3.3 million square feet of distribution and manufacturing facilities in Pennsylvania, Maryland, and Rhode Island worth more than $164.8 million.
Kadean also has an additional 4 million square feet of distribution, manufacturing, and spec warehouse projects now under construction worth more than $288 million in Pennsylvania and Virginia.
Those projects include the 1.2 million-square-foot FedEx Ground hub in Fairless Hills, Berks County.
The new office will be led by Steven Judge, a 17-year Pennsylvania-area project executive with extensive design/build and development experience.
He currently leads a staff of two project managers and two project engineers, with more anticipated to join the office by the end of 2023.
“Kadean was introduced to the Northeast Region in late 2020 by way of a national key client,” said Mike Eveler, president of Kadean Construction. “Since then, we’ve secured more than 12 projects, with 80% of that work performed in the state of Pennsylvania. We’ve taken a methodical approach to further vetting out the local market, resulting in our full commitment to open the Malvern office. We anticipate growing this office to $250 million in annual revenue by 2027 with support from approximately 20 professional staff.”
“With more than $150 million in backlog, we’re confident we have the financial stability to invest in talented individuals to help us build a long-lasting future in the Northeast Region,” said Judge, director at Kadean. “Our vision is to create a motivated work environment where our talented people can build upon our relationship-driven, design-build expertise.”
Kadean is celebrating its 60th anniversary in 2023. The company said annual revenues have grown by more than 400 percent over the past five years — from $67.6 million in 2018 to $340 million in 2022.