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You are at:Home ยป January 2024 City Scoop: Albuquerque
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January 2024 City Scoop: Albuquerque

Machinery AsiaBy Machinery AsiaJanuary 24, 2024No Comments1 Min Read
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Grill of the city

Mason Karnas

Mason Karnas

president

Lone Sun Builders Inc.

Albuquerque’s construction market has been busy with both public and private sector work continuing strong. Most contractors had high volume with good profitability and are carrying large backlogs, while material supply chains are showing signs of stability, with shortening delivery times and price continuity, says Karnas, the owner second generation of the Albuquerque-based general contractor.

The availability of skilled labor remains the central challenge. “We continue to be creative about how best to navigate the problem,” says Karnas. “We’ve been selective about which projects we take on based on project timeline, project size, client and location.” The company has about 60 employees and reported 2023 revenue of approximately $8 million.

Looking ahead, Karnas expects construction activity and bidding opportunities to remain strong in the private medical, retail, technology and industrial sectors. “We’re also seeing some growth in interest in trade schools and apprenticeships, which we hope can alleviate some of the skilled labor issues we’re facing,” he says.

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