Verdex Construction named as GrowFL 2017 Florida Companies to Watch Finalist

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June 01, 2017
West Palm Beach, Fla. – (May 31, 2017) – West Palm Beach-based Verdex Construction has been selected as a finalist in the 2017 GrowFL “Florida Companies to Watch” awards. The awards event - now in its sixth year - honors 50 select second-stage companies from throughout the state for developing valuable products and services, creating quality jobs, enriching communities, and broadening new industries throughout Florida. More than 600 companies were nominated for this year’s award.  The finalists collectively represent $598 million in annual revenue and employ 3,028 full-time equivalent employees.
 
“We greatly appreciate the recognition from GrowFL.  Thanks to the dedication of our talented staff, we have grown our business exponentially and we have many projects in the ground and in our pipeline to continue to build on that growth,” said Verdex Construction President Rex Kirby.
 
Verdex began offering construction services in 2015, growing from an initial staff of 8 to 31 in 2016.  Revenue has grown from just under $2 million in 2015 to an expected $100 million plus in 2017. Verdex provides general contracting services to clients including preconstruction, construction management, and design-build.  Verdex is committed to “Building Something Better” through exceptional service, a fundamental focus on safety and quality, agility and value to owners, customers and the community.
 
Verdex projects underway throughout South Florida include 1000 North, a Michael Jordan co-owned restaurant on the Loxahatchee River in Jupiter; Sabbia Beach Condominiums, a 19-story, 68 unit luxury residential tower in Pompano Beach; the Turnpike Business Park, a light industrial office/warehouse facility project in suburban West Palm Beach; and several apartment complexes including the recently completed High Ridge Apartments in Boynton Beach.
 
“We applaud these first round finalists who have shown how they stand out in their regions as innovative business leaders, going to the next level to grow their companies.   They are true rock stars,” says Dr. Tom O’Neal, GrowFL Executive Director.
 
About Verdex Construction
Verdex Construction is a privately held building contractor based in West Palm Beach, FL, led by founder and President Rex Kirby, a 35-year veteran in the construction business.  Verdex provides general contracting services to clients including preconstruction, construction management, and design-build.  Verdex is committed to “Building Something Better” through exceptional service, a fundamental focus on safety and quality, and value to owners, customers and the community.  For more information, visit www.verdex.com.
 
About GrowFL
GrowFL was created in 2009 by the Florida legislature as an economic development program focused on assisting second-stage growth companies prosper in the state of Florida.  By providing strategies, resources and support to second-stage companies for next level growth through Strategic Research, Peer Learning and Leadership Development, GrowFL helps companies overcome obstacles to growth and leads them towards prosperity. Based on the philosophy of Economic Gardening®—to grow existing businesses in a community, region or state—GrowFL, the Florida Economic Gardening Institute, is a critical component to the state’s economic development strategy and Florida’s entrepreneurial ecosystem.  GrowFL is a statewide economic development organization certified by the National Center for Economic Gardening through the Edward Lowe Foundation.  GrowFL has assisted more than 800 companies through the Strategic Research and CEO Roundtable programs and recognized 250 successful entrepreneurs through the annual awards program, Florida Companies to Watch.  Learn more at www.GrowFL.com
Contact:
Tony Theissen, O'Donnell Agency
tony@odonnell.agency, (561) 832-3231