Industry Synopsis
In the publicly funded infrastructure industry, contractors must have specific expertise, skills and resources available in order to profitably bid and build projects. Professionals with this kind of knowledge are short in supply. Furthermore, most contractors operate within a geographic region in which they are familiar with potential projects, job markets, physical conditions, and competitors. As an established contractor with over 19 years experience in water and wastewater construction, Jett has a considerable advantage over potential competitors.
Business History
Jett Industries, Inc. is a leading general contractor in construction and rehabilitation of water and wastewater treatment facilities, with over 150 public projects completed over the past 19 years. A project list can be found on our projects page. The company, an 'S' Corporation was co-founded by Matthew P. and Patrick D. Centofante in 1985 and is incorporated in New York State. From the original 2 employees, Jett has grown to over 100 employees working in the office and field on several projects concurrently across New York State.
In addition to water and wastewater facility construction, Jett provides general contracting for bridge, utility and pre-engineered building construction. C&F Fabricators and Erectors, Inc. a common ownership company to Jett Industries, Inc. specializes in custom process equipment, miscellaneous metals and specialty fabrication. This cooperative arrangement allows Jett Industries to eliminate long lead times and avoid outside vendor issues. In addition to Jett, C&F Fabricators and Erectors, Inc. provides support to several leading water and wastewater process equipment companies including US Filter, Roberts, Westech, Environdyne and DualSand. The Company's success can be attributed to these in-house capabilities that make Jett competitive. Jett's self-performed tasks include foundation and earthworks, treatment process installation and start-up and metals fabrication.
As an established contracting company, local knowledge of competitors, governing agencies, local markets, topography and geology and established relationships with subcontractors, Jett Industries, Inc. has a competitive edge over less established contracting companies. With a bonding capacity of $50 million, Jett faced less competition in bidding on large projects and can earn higher margins.
Management
Jett Industries, Inc. success in the construction industry over the past 19 years is due to the dedication and commitment of its employees. Matt P. Centofante, Company President, is an original co-founder and president for 19 years. Prior to Jett Industries, Inc., Mr. Centofante was a project superintendent with Felix Industries, Inc., a highly recognized Westchester County contracting firm. Daniel A. Shults, has been Vice President for 10 years with Jett Industries, Inc., and has previous experience in project management and estimating with Felix Industries, Inc. The combined experience of the executive management team is in excess of 45 years.
Project Managers and Superintendents at Jett have in-depth knowledge of facilities process, innovative construction methods, resources and problem solving approaches, giving them the flexibility to support clients with value engineering that results in timely project completion and significant cost savings.
Most contractors operate within a geographic region in which they are familiar with potential projects, job markets, physical conditions, and competitors. The combined experience of Jett's executive staff, managers and field superintendents suggest that Jett has a considerable advantage over potential competitors. Since their inception in 1985, Jett has completed over 150 public projects ranging in size from $100,000 to over $20,000,000. In 2002, Jett contracted simultaneously on several major wastewater treatment upgrades that incorporated tertiary treatment and microfiltration. All of these projects were deemed functionally complete within the specific time frame, resulting in early completion bonuses.
