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BUILDING BUSINESS FOUNDATIONS
By embracing a philosophy of excellence, integrity and care, Precision Precast Erectors has achieved impressive growth
Precision Precast Erectors( PPE) was founded in 2008 by Denny LaVe and his father Lou LaVe. Denny outlines the company’ s history:“ We got started on a project with a developer that we had previously worked with as employees of another company. He was extremely dissatisfied with the level of service; he was promised certain things that didn’ t actually occur. When he decided to build his next building, he came to us and said:‘ What if I help you get started in business, what would that look like?’ So, we set up a contract with performance-based incentives.
“ If we could keep it on schedule, we would receive a certain fee for every day that we beat the schedule. If we missed the target, the incentive would start to go down until it hit zero. By the time we finished the job, we had beaten the target, and our incentive went up three and a half times. He was delighted because he got his building substantially earlier than he had thought. Of course, we were also delighted because we had enough capital to move forward with the business.”
Denny then elaborates on the range of products and services the company has come to offer:“ In a nutshell, the easiest way to think about it is that we assemble giant Legos. Precast concrete consists of large pieces of concrete that are made in a factory, and they range from as small as a stair tread to as large as massive walls that are 60 feet tall and weigh 100,000 pounds. Sometimes it’ s architectural cladding on a job to make a project look beautiful. There’ s a whole range of different pieces that can come together to make a building. Sometimes we make the building itself; we provide a full-service installation package.
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