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(DENVER, CO) March 9, 2018 – Lerch Bates, a 100 percent employee-owned international consulting firm for elevators, facade access and logistics, has unveiled plans to grow its workforce by 20 percent in 2018.
Lerch Bates, recognized as the world’s largest elevator and facade consulting firm, operates globally in nearly 40 markets in the United States, China, Canada, India and the United Arab Emirates as well as in Europe and South America. The company’s growing workforce will support its broader efforts to expand its operations in global markets. Earlier this month, the company opened a location in Santiago, Chile, due to the country’s new legislation regarding inspection and documentation of all elevator equipment. Lerch Bates will operate in growing regions in Latin America from Chile to Mexico.
According to a study released by Research & Markets, the global construction industry is expected to grow at a compound annual growth rate of 4.2 percent from 2018 to 2023 and reach an estimated $10.5 trillion by 2023. “In this rapidly changing industry, we continue to scale our services and broaden our expertise in ways that help our clients address an increasingly diverse set of challenges,” said Bart Stephan, President and CEO of Lerch Bates. “We are optimizing our greatest asset – our consultants. With a continued steadfast focus on all business areas, our talent pool is essential to drive our continued growth.”
Lerch Bates’s global consultants continue to be the company’s key asset in delivering long-term, sustainable value to U.S. and global clients. In 2017, the company experienced a substantial increase for projects requiring elevator and facade maintenance and contract management consulting services. Poised for growth, projects slated for 2018 include elevator design at The Peninsula in London, full audit and maintenance management services for MGM’s U.S. portfolio and elevator modernization at AT&T Tower in Nashville, TN.
The company’s current projects include modernization and repurposing for Willis Tower in Chicago, IL; Dubai Creek Harbor Observation Tower in Dubai, United Arab Emirates; facade access and fall protection consulting services at Exxon Mobil’s Corporate Campus in The Woodlands,Texas; elevator contract and maintenance management at Auburn University in Auburn, AL.; and management of the largest escalator and elevator modernization project in the world with Metropolitan Atlanta Rapid Transit Authority in Atlanta, GA.
Lerch Bates consultants provide clients with expertise across all phases of the elevator system life cycle: architectural design (vertical transportation, facade access and logistics services), modernization (requirements and design, bid negotiation and award services, and construction administration services) and maintenance management (maintenance agreements, contractor oversight, auditing and due diligence services). Lerch Bates has consulted on many of the world’s tallest buildings, including the 2,717-foot (428-meter) Burj Khalifa in Dubai, United Arab Emirates; the 1,667-foot (508-meter) Taipei 101 in Taipei, Taiwan; the 1,476-foot (450-meter) Nanjing Greenland Financial Center in Nanjing, China; and the 1,389-foot (423-meter) Trump International Hotel & Tower in Chicago, IL.