2019 was a challenging, yet rewarding year. Our teams pulled together, in support of each other, to adapt to and overcome challenges with strength, confidence, and a burning desire to succeed.
This year we maintained low warranty expenses, over 95% process compliance, and over a 95% win ratio. We added 15 new team members, worked on over 2.5 M square feet of projects, installed 6,000 feet of storm drainage, completed 1,037 new hotel rooms, and will set a record for the amount of work put in place. In addition, our backlog of future work is stronger than any other time in our company history, with over $200M in the pipeline.
In October, the Palmisano Foundation achieved a milestone marked by the 1st Annual Renegade Fest. For the first time out of the gate, the event was a great success raising over $27,000 for this year’s partner organization, Youth Rebuilding New Orleans, thanks to the generous support of our 40+ event sponsors. We are already looking at next year, and how we can make Renegade Fest 2020 bigger and better.
2019 will be remembered as a transitional year for Palmisano in which we solidified our place among the elite companies of the region. Our future is bright and I’m thankful to be on this journey with each of you.
Wesley J. Palmisano
President & CEO