State of the Abatement Industry*
BJ Fungaroli, EHG, an Alloy Company
Recently a key indicator of industry health illustrated a shocking finding. The top 20 abatement contractors, as ranked by revenue, increased approximately 40% year over year to an all-time reported high.  But why? Unheard of ten-plus years ago, cash from outside investors continues to pour into our industry. Again, but why?  Who is investing, who is divesting?  What impact does this have on you and the industry as a whole? This update on the industry shall provide some insight into the why’s. We will look at the historical trends that have been presented at the EIA since the early 2000’s and the overall international market and drivers. This periodic market research installment shall be broader than ever before as we cover the entirety of the fiscal picture. Analysis will be presented of the growth in a comprehensive market fashion. Key non-financial indicators, such as labor growth, to everyone’s favorite key efficiency and financial ratios, will also be highlighted! On top of the newly added global perspective, a cross-section of research provided by the federal government, economic consultancies, contractor’s trade groups, and privately paid resources, as well as our own twisted corporate insight into the market’s dynamics, will be assessed. The goal of the presentation is to inform, entertain, and, hopefully, give you some tools as you continue your strategic initiatives.