Sterling ranked 15th on Forbes’ Best U.S. Small Businesses list in 2021
Sterling Construction Company, Inc. (NasdaqGS: STRL) (âSterlingâ or âthe Companyâ) today announced that the company is ranked 15th on the Forbes 2021 list of America’s Best Small Businesses.
Forbes has completed its list of the best US small-cap companies for companies with a market capitalization between $ 300 million and $ 2 billion, positive sales growth in the past 12 months, and a stock price of at least. $ 5. Financial institutions, REITs, utilities and limited partnerships have been excluded, as have public companies for less than a year. All data used by Forbes was as of November 25, 2020. The full list of Forbes Best Small Businesses in 2021 is available at: https://www.forbes.com/lists/best-small-cap-companies/# 5a6db5e247db.
Joe Cutillo, CEO of Sterling, commented, âWe are very proud to have been ranked in the top 15 on Forbes’ list of best US small cap companies. We see this distinction as a validation of our strategy which focuses on growing results while reducing risk through job selection and end market diversification. Our team has worked tirelessly over the past few years to generate significant growth in results and the honor of being recognized by a distinguished publication like Forbes belongs to all members of our organization. “
Sterling Construction Company, Inc., a Delaware corporation, is a construction company that has been involved in the construction industry since its founding in 1955. The Company operates through a variety of subsidiaries in three segments specializing in civil services heavy, specialized and residential. in the United States (the âUnited Statesâ), primarily in the southern United States, the Rocky Mountain States, California and Hawaii, as well as other regions with strategic construction opportunities. Heavy Civil includes infrastructure and rehabilitation projects for highways, roads, bridges, airfields, ports, streetcars, water supply systems, sewage and stormwater drainage. Specialty service projects include construction site excavation and drainage, drilling and blasting for excavation, multi-family home foundations, parking structures and other commercial concrete projects. Residential projects include concrete foundations for single family homes.
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Sterling Construction Company, Inc.
Ron Ballschmiede, Chief Financial Officer
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