Market Focus Sixteen Penny Construction operates within the residential and commercial redesign sectors, offering upfit and refurbishment services, presenting opportunities for businesses in need of renovation and construction solutions.
Growth Potential With revenue between one and ten million dollars and a small team size, the company shows room for expansion and increased service offerings, making it a promising target for growth-oriented partnerships or additional project work.
Technology Utilization The company employs a range of web and analytics tools such as Google Analytics, WordPress, and Bootstrap, indicating tech-savviness that could be leveraged for digital marketing or technology upgrade projects.
Industry Connections Being comparable to mid-sized firms like Gilbane and Mortenson suggests that Sixteen Penny Construction is positioned within a competitive construction and renovation market, offering potential for strategic alliances or subcontracting opportunities.
Regional Presence Located in Charlotte, NC, the company serves a growing urban market with a focus on local projects, providing opportunities for regional expansion and engagement with local government or real estate developers.