When paying the piper is a treat.Like it or not, Bert Nielsen, owner of Pro Pipe Construction is poised to grow his company to meet the construction demand. "I let everyone know that with or without their help we're going for it," he says. Working for North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. Construction Group, one of the largest water treatment builders in the world, whetted Nielsen's thirst thirst, sensation indicating the body's need for water. Dry or salty food and dry, dusty air may induce such a sensation by depleting moisture in the mucous membranes of the mouth and throat. for his own water treatment facilities building and retrofitting operation. Three years ago, his dream began at his home with a telephone wire extended 100 feet to the garage. In rain or snow the cable would short out and in the middle of summer the mosquitoes rendered him nearly anemic anemic pertaining to anemia. . It was a slow start since banking institutions did not want to lend him any money. The only funding agency willing to give him a hand was the Timmins Venture Centre. It did not take him long after the loan was provided that business started to heat up. After one year of full operation. Nielsen brought in $2 million in contract sales. Not bad for a starter. In fact, he grew to 25 employees and had to hunt for new digs. He found a place on Laforest Road five kilometers north of Timmins. It is a 5,000 square feet facility with five extra acres of land for further development. He will need it. This year Nielsen intends on becoming a bondable company, which will allow him to vie for municipal contracts. "No more dictation from banks no more dictation from contractors or from bonding agents," he says. The main reason for applying for bonding status from insurance company is to obtain more control over projects. For the first year Nielsen was comfortable with making himself a name, and allowing other contractors to call for a tendering job, which on average is worth a half a million dollars. But now "I'm going after $20 or $30 million for my portion," he says. "That is why I say this year we are moving." He knows the larger general contractors A general contractor is an organization or individual that contracts with another organization or individual (the owner) for the construction of a building, road or any other execution of work or facility. like Maple Engineering and Construction Ltd., North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. Construction Group and H.I.R.A. Ltd. need him, so the company must be worth at least $5 million in bondable insurance, he says. "There is nobody that can do it north of Toronto, it's just me." The problem with being small and new is that the company can be worth thousands of dollars, but when a portion of the project funds is with held until the completion date it affects the operating budget Noun 1. operating budget - a budget for current expenses as distinct from financial transactions or permanent improvements budget items, operating cost, operating expense, overhead - the expense of maintaining property (e.g. . "We may have a million in receivables but you don't have fifty cents to operate and that is the problem with being small." With a bondable company there is no risk to the company he says. Currently, Nielsen is going after two subcontracting projects worth approximately $45 million each in North Bay. His portion may be one-third or two thirds depending on the drawings. Pro Pipe works on the site after the shell of a facility nears completion. Inside welders, electricians, pipe fitters, millwrighters develop what will in the future be a water treatment facility or sewage treatment Sewage treatment Unit processes used to separate, modify, remove, and destroy objectionable, hazardous, and pathogenic substances carried by wastewater in solution or suspension in order to render the water fit and safe for intended uses. plant. Already Pro Pipe has concluded contracts in Mattice, Kapuskasing, Pembroke and Sault Ste. Marie Sault Sainte Marie — pronounced "Soo Saint Marie" (IPA /su seɪnt məˈɹi/) — is the name of two cities on the Saint Marys River, which forms part of the boundary between the United States and Canada. while commissioning jobs in Niagara Falls Niagara Falls, waterfall, United States and Canada Niagara Falls, in the Niagara River, W N.Y. and S Ont., Canada; one of the most famous spectacles in North America. The falls are on the international line between the cities of Niagara Falls, N.Y. , and Terrace Bay and bidding on North Bay and Hamilton projects. "Once I'm bondable, well, look out." www.city.timmins.on.ca By KELLY LOUISEIZE Northern Ontario Business Northern Ontario Business is a Canadian magazine, which publishes monthly in Greater Sudbury, Ontario. The magazine covers business news and issues in Northern Ontario. |
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