Posillico: Making Its Move
By Alan Dorich   
Monday, 23 June 2008
Image
Posillico specializes in highway and bridge projects, treatment plants, marine work and environmental remediation.




Premier Business Partners:

Rotondo Weirich
Moretrench

There are many contractors in Long Island, N.Y., but Posillico is “definitely the most diverse in [terms of] what we can do,” Vice President of Estimating Mike Trotta declares.

Based in Farmingdale, N.Y., the construction company specializes in highway and bridge projects, treatment plants, marine work and environmental remediation.

At The Top
Founder Joseph D. Posillico Sr. started the company in 1946 as a small trucking contractor.

Today, the company says it has grown to become one of the top contracting firms in its home state, with a staff of 400.

“Over the last five decades, Posillico has completed many large and highly complex civil engineering and construction projects,” the company says.

“These complex projects more often require off-peak construction during nighttime hours, with stringent penalty/bonus clauses, which have been constantly achieved by the Posillico team,” it continues.

“Our integrated services of civil, materials, environmental, drilling and consulting have allowed us to provide the seamless, cost-effective construction solutions to complex problems that our clients demand today and will demand in the future,” the company declares.

“Posillico is the company who knows how to solve complex construction problems, completing all projects safely, on time, on target and on budget,” the company states.

“Posillico is dedicated to setting the standard for excellence in the construction industry, relative to: infrastructure, quality of life and making a difference through solid relationships at all levels.”

The Family Business
Posillico is now in its second and third generations of family leadership. Posillico’s son, Mario Posillico, is the company’s chairman and a shareholder.

In addition, Posillico’s son and nephews, Michael Posillico, Joe K. Posillico, Paul Posillico and Joe Posillico III, are also shareholders.

“It’s a well-run family business,” Trotta says, noting that the company has established strong community, political and union ties.

Savoring The Atmosphere
Trotta joined Posillico in 1997, after working for Skanska for five years.

“I had a good taste of a large construction company and then [moved to] a smaller, family owned business,” Trotta remembers.

In addition to the company’s status as a family owned business, Posillico has “a family atmosphere,” Trotta declares. “You feel you have a tie to where you work.”

Changing Posillico’s Focus
In recent years, Trotta says, the company has changed its focus. While the company primarily was a highway contracting company five years ago, “We’ve made a huge shift [and] diversified, doing a lot more work for municipal agencies,” Trotta explains.

He says that Posillico now focuses strongly on environmental projects.

Posillico changed its concentration when it saw signs that the highway market was headed for a downturn. While the company’s number of competitors increased, its profit margins for highway projects began to drop.

As an estimator, Trotta says he has the ability to recognize such indicators early on. “When you see guys take jobs below what you could do it for cost-wise, it kind of wakes you up a little bit,” he says.


 
< Previous Story   Next Story >