________________________________________________________________________________ Deugen
Development
FAMILY
Solutions to , and reflections on , the current climate ; from Deugen Development ’ s CEO
Having been founded in 2011 by a father and son duo ; Frank and Eric Gormeley , Deugen Development possesses a vast wealth of knowledge surrounding the construction industry . Construction Today last spoke with the New Jerseybased enterprise about its expertise in 2021 , so we ’ re sitting down to catch up on how the team has fared since then .
“ In the aftermath of Covid-19 , there have been lengthy lead times on all manufactured products , and even getting hold of materials became particularly challenging . A lot of people have been having to play catch up , but fortunately for us , we preordered a lot of our material well in advance , even before the pandemic . We are starting to see a return to normality , with lead times decreasing , but prices are still incredibly high , which I don ’ t see changing until the slowdown begins to impact inflation and drives them down ,” says CEO Eric Gormeley .
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