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Rebuilding New Orleans – MBDA Helps Construction Company Obtain $14 Milllion Contract And Create 120 Jobs

Wed, 2013-08-28 13:15

Company Name: G&M Associates

Industry Sector: Construction and Engineering

Results of MBDA Assistance: $14 Million Contract
120 Jobs Created and/or Retained

MBDA Support: Access to Contracts
Access to Markets
Strategic Business Consulting

Owner Greg Rice has taken G&M Associates from a small construction and engineering service provider to a full-service design and build contractor that provides services for the commercial, institutional and governmental sectors. He credits the MBDA Business Center in Jackson, Mississippi, with playing a significant role in that growth.

Headquartered in Tennessee, G&M sought counsel on extending into new markets. The Jackson MBDA provided assistance in identifying contracts, strategic bidding and marketing. As a result, G&M Associates was awarded a $14 million contract from Gulf Coast Housing to build a multi-family, commercial and retail facility in a New Orleans neighborhood that had been hit hard by Hurricane Katrina. The project includes retail space on the ground floor, topped by two floors of affordable housing. The contract created 120 new jobs and attracted workers from the surrounding states.

"Working with MBDA has been a phenomenal experience. Their experts seem to really have the pulse of the city and the state. They know about both the local and the federal jobs that are out there. And they have helped us get some really big contracts and expand our business. Their services resulted in a $14 million revenue stream which otherwise would not have been available to G & M Associates.” Greg Rice, Principal and Owner