FTK celebrates its 20th anniversary | business thread

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ALLEN, Texas–(BUSINESS WIRE)–FTK Building Services is proud to celebrate 20 years of successful, large-scale, multi-family preservation projects across the country. 20 years ago, FTK was founded by Jim Goodman and Mark Frazier with the goal of creating a construction company that provides a superior and consistent work product nationally. 20 years later, they’ve exceeded all expectations, with $500,000,000 (half a billion dollars) bonding capacity and over 4,000 successful projects in 33 states. Along the way, FTK was recognized at 27th place in the 2018 Dallas 100 Entrepreneur Awards, and again in 2019 at 8th place in the Dallas 100 Entrepreneur Awards, compiled by the Caruth Institute for Entrepreneurship at SMU Cox School of Business. Additionally, FTK was named #1771 of the Inc. 5000 2019 Fastest Growing Privately Owned Companies in the United States

Specializing in large-scale, multi-family preservation projects, FTK continues to innovate and deliver projects in the following concentrations:

  • Affordable Housing Projects/Low Income Housing Tax Credit (LIHTC)

  • Disaster recovery and reconstruction projects

  • Large-scale multi-family renovations

With a nationwide reach spanning 33 states, FTK’s impressive labor/trade resource network translates to timely project completion. Unlike many competitors in their space, FTK’s proprietary “Material Management System” does not do not rely on subcontractors to supply materials, but instead buy 98% of all materials directly from manufacturers and distributors, using this purchasing leverage to keep projects fully stocked and on budget. FTK’s investment in technology and commitment to transparency has resulted in an industry-leading pre-build product.

When asked the secret to a successful project, co-founder and CEO Jim Goodman replied: “BUILD THE RIGHT TEAM, AT THE RIGHT TIME, USING THE RIGHT TECHNOLOGY. All it takes is one visit to our office in Allen, Texas to understand this commitment. Our investment in technology, combined with the discipline of integrated management and planning, puts project analysis and information in the hands of clients in real time. »

Co-founder and COO Mark Frazier added, “We continue to invest not only in our people, but also in our processes. We focus on what will make the difference for our customers. For example, we buy our materials directly to reduce delivery times and costs. This translates into real value for our customers.

One of FTK’s notable accomplishments is being one of the few general contractors able to execute multiple, large-scale, multi-million dollar preservation projects nationwide simultaneously. At any given time, FTK has up to 10 large-scale projects underway in multiple states. Another notable accomplishment would be the mitigation and restoration of a large multi-family property in Houston that was severely flooded by Hurricane Harvey. FTK mitigated damage and debris and restored exteriors, rental center, amenities and all 734 units in 18 months.

About FTK Construction Services

FTK Building Services is a full-service construction company, with three divisions of multi-family expertise: Affordable Housing Projects/Low-Income Housing Tax Credit (LIHTC), Multi-family Renovations, and Disaster Services/Property Damage Restoration insurance. FTK is a nationwide general contractor with completed projects in 33 states to date. FTK continues to ensure that all of our project protocols comply with the latest Centers for Disease Control and Prevention (CDC) guidance to prevent person-to-person transmission of COVID-19 as well as all federal and government executive orders. ’emergency state. To learn more, visit our website at ftkconstructionservices.comand follow us on LinkedIn, Facebook, Twitter and instagram.

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