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May 28th, 2020 | by NEWCAConstruction Dive has been publishing a series of articles talking to industry leaders about the effects of COVID-19 pandemic and how they see it affects the future of the construction industry.
In their most recent conversation, they spoke with Chuck Goodrich—president and CEO of Indianapolis-based Gaylor Electric, which has 11 offices in the US and works in 27 states—is “optimistic” about construction’s future.
Goodrich isn’t just the leader of one of the nation’s largest electric subcontractor though, he is also an elected member of the Indiana state legislature, so he’s “in a unique position to observe the effects that the coronavirus pandemic is having not only on his business but on Indiana’s government and residents as well.”
Gaylor told the online news source that, “we’re going to see pretty a tough scenario in the third and fourth quarters and into the first quarter of 2021, but after that we should see a pretty big lift in the economy.
“I’m cautiously optimistic, and here’s why I say that: Have you ever gone to Cape Canaveral to watch a rocket take off? If so, you’d know the way the rocket shakes as it’s getting ready to blast off. That’s how construction is right now, just waiting to take off again. We want to be prepared for when that time comes.”
You can read the entire interview here.