flexiblefullpage - default
interstitial1 - interstitial
Currently Reading

Joe Schwab: Buy Low and Grow

Advertisement
billboard -
Awards

Joe Schwab: Buy Low and Grow

Taking a small family-owned business and growing it into a conglomerate of residential and commercial construction companies 


By By Laurie Batter, with Professional Remodeler Staff July 13, 2015
Joe Schwab, Managing Member/COO at HCS Construction Services Co., in Bellevue, Wash., 2015 Professional Remodeler 40 Under 40 awardee

Managing Member/COO

HCS Construction Services Co., Bellevue, Wash.

Age 36

Joe has taken a small family-owned business and grown it into a conglomerate of residential and commercial construction companies. During the recession, he spearheaded the purchase of two companies that were struggling due to the downturn—Uniplex Construction, and Washington Floor and Tile—seizing the opportunity to strengthen his company’s position in the market. He focused on building relationships with repeat clients and improving operations systems.

Although both companies were affected by the down economy, they offered exceptional employees, solid systems, and a customer base that allowed HCS to expand and improve. The acquisitions paid off: Between 2012 and the 2015 projections, the three firms have doubled their revenue each year. Joe also brought on an accounting manager who places heavy emphasis on cost accounting, allowing deeper analysis of budgets and profitability.

Joe leads by nurturing relationships and building strong teams. As the companies have grown, he has encouraged individuals to hone their skills so they can move up on the org chart. And his relationship-building philosophy extends to vendors and trade partners as well. He includes them in project planning, scheduling, and pricing in order to deliver better results for his clients on time and at a competitive price. This has won HCS several large projects.

Read more about the 2015 Professional Remodeler 40 Under 40 awardees.

Taking a small family-owned business and growing it into a conglomerate of residential and commercial construction companies 


Add new comment

Plain text

  • No HTML tags allowed.
  • Web page addresses and email addresses turn into links automatically.
  • Lines and paragraphs break automatically.
leaderboard2 - default

Related Stories

Forty Under 40: Then & Now

Our 13th year of Forty Under 40 pushed us to reflect on the incredible career paths our winners take after their honor

Forty Under 40: Class of 2024

Unveiling our 2024 class of Forty Under 40: the remodeling industry's most standout young professionals

Forty Under 40 2024: Design Professionals

Discover the design honorees of the Forty Under 40 class of 2024

Forty Under 40 2024: Owners, Presidents, CEOs

Get to know the CEOs, owners, and presidents of the Forty Under 40 class of 2024

Forty Under 40 2024: Marketing Professionals

Our standout marketing professionals from the Forty Under 40 class of 2024

Forty Under 40 2024: Project Managers, Lead Carpenters, Production Team Members

Introducing our carpenters of the Forty Under 40 class of 2024

Forty Under 40 2024: General Operations, Production Managers

Learn about the general operations and production managers in our Forty Under 40 class of 2024

Deadline Extended: Nominations for Pro Remodeler's Forty Under 40

NOW EXTENDED: Nominate a standout young professional in remodeling and home improvement for our Forty Under 40 before January 24!

Nominations Open: Pro Remodeler's Forty Under 40

Nominate a standout, deserving young professional in home improvement or remodeling for a coveted spot in our annual Forty Under 40 list

Female-Focused Trade Program Awarded Prestigious US Department of Labor Grant

North Carolina-based Hope Renovations to receive DOL's Women in Apprenticeship & Nontraditional Occupations grant

Advertisement
boombox2 -
Advertisement
halfpage2 -
Advertisement
native1 -

More in Category




Advertisement
native2 -
Advertisement
halfpage1 -
Advertisement
leaderboard1 -