A Lutherville, Maryland-based general contractor just posted its largest backlog in company history.
MacKenzie Contracting’s construction arm projects its 2023 revenue to hit $48 million, an increase of about 45% from last year, according to Marty Copsey, its president and chief operating officer. The construction firm specializes in healthcare, retail, office and senior living projects.
That mirrors an overall industry trend. Construction backlog increased 0.2 months to 9.2 months in February, hovering around highs not seen since the start of the pandemic, according to Associated Builders and Contractors.