At a high-energy gathering Thursday morning at the Remodeling Show in Baltimore, hundreds of remodelers honored the owners of four remodeling companies with revenues stretching from $2 million to $50 million.
The gathering was the culmination of the 2008 Fred Case Remodeling Entrepreneur of the Year Award, a cash award endowed by the founder of Case Design/Remodeling. Held just prior to the “Town Hall” meeting, the presentation paid special tribute to exceptional leadership and vision of Sal Ferro, CEO of Alure Home Improvements, Plainview, N.Y.
The winner of the award, Ferro has grown Alure into one of the most successful remodeling companies in the nation, with several specialized divisions, $50 million in revenues, and a national leadership position for charitable giving as a seven-time participant on the hit TV show “Extreme Makeover: Home Edition.” Ferro received $10,000 for the award.
“Just to be mentioned with Fred Case is an honor,” Ferro said. He thanked his “family at work and at home” and expressed his pride in being associated with the remodeling industry.
Each finalist for the award received $2,500.
Ben Crawford, Crawford Renovations, Houston, Texas
Focus: Building relationships with real estate agents, October launch of a 10,000-square-foot “Experience Center” that will be the prototype for similar centers around the country. Projected revenues in 2008: $16 million.
Devon Hartman and Bill Baldwin, HartmanBaldwin Design/Build, Claremont, Calif.
Focus: High-end work and historic renovations; development of management “legacy” to take company into the future; home performance work and workshops for the community. Projected revenues in 2008: $9.4 million.
Michael Anschel, Otogawa-Anschel Design/Build, Minneapolis, Minn.
Focus: Design-intensive green remodeling in older urban homes, with additional emphasis on small projects and green consulting services for the remodeling industry. Projected revenues in 2008: $2.8 million.
To learn more about Sal Ferro and the Fred Case Entrepreneur of the Year Award, see the article in the September issue of REMODELING.