Longtime Arizona Contractor Closes Its Doors
Schuck & Sons Construction, which over 46 years as a framing contractor has helped build more than 100,000 homes in Arizona, will spend the next three or four months winding down its operations after its managers disclosed last week their intention to close the company.
MCA Financial Group is supervising the wind down of the Glendale, Ariz.-based contractor. Builder was unable to speak with John Boyd, MCA’s spokesperson who is fielding questions about the company, before press time. Last week the Arizona Republic quoted Morrie Aaron, MCA’s president and senior managing partner, who attributed the contractor’s demise to the severe decline in Phoenix’s home building activities.
Over the past several years, builders in Phoenix and most other housing markets around the country became increasingly aggressive about getting trade partners to lower their costs so builders could offer houses at significantly reduced prices to help them compete with foreclosed resales. But one of the inevitable consequences of those cost demands—especially on a company like Schuck & Sons, which was framing for several of this market’s larger builders—has been attrition among contractors that simply reached a breaking point at which they could no longer operate profitably.
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