Construction News and Blog | Power Design

Power Design Growth Fuels Major Facility Expansion in St. Petersburg, Fla. - Power Design

Written by Power Design | Dec 14, 2015 5:00:00 AM

The expansion comes as a result of Power Design’s tremendous growth in recent years. The employee count has nearly doubled since 2011, and 2014 has been a record-breaking year for Power Design’s project awards with more than $300 million currently under contract across the U.S. In addition, a recent transaction with PowerSecure, Inc. has provided Power Design with more opportunity to support strategic initiatives within its core business.

Our transaction with PowerSecure and the expansion of our headquarters will provide more opportunity for our future growth.

Mitch Permuy

CEO

“This is a very exciting time for all of us.” said Power Design CEO, Mitch Permuy. “Our transaction with PowerSecure and the expansion of our headquarters will provide more opportunity for our future growth.” The 10,000-square-foot training center that resides at Power Design’s current headquarters will move to the new, 37,000-square-foot recently purchased facility next door, along with the addition of a gym, locker rooms, assembly space and more. Additional office space will be added to the new and existing facility, along with a parking lot expansion that will accommodate more than 500 vehicles.

Power Design has been recognized as one of the 50 fastest growing privately held companies in Tampa Bay and one of the top 100 privately held companies ranked by revenue in Tampa Bay by the Tampa Bay Business Journal in 2014. To see a full list of accolades, visit our awards page here.