550 remodeling

Hudsonvile, MI (05/29/18) – Payne Restoration and Construction, LLC ranks 272nd on the 2018 REMODELING 550 list of the nation’s biggest full-service remodelers.

The REMODELING 550 brings together the nation’s 550 biggest full-service remodelers, replacement contractor / home improvement firms, insurance restoration firms, and franchisors. Because the full-service and replacement firms operate so differently, the REMODELING 550 lists and ranks them separately.

We are honored to receive this distinction! There are roughly 100,000 remodeling firms in this country with payrolls, so it’s great to know that we’re among the top 0.5% in the nation.

REMODELING editor-in-chief Craig Webb noted there’s a high turnover rate in remodeling, with roughly one-sixth of the firms going out of business annually. “In contrast, the bigger firms have a failure rate of less than 2%,” he said. “Thus, become a REMODELING 550 company indicates that you have quality and staying power—two traits that customers value most.”

REMODELING, published by Hanley Wood, is the leading publication in the home improvement industry. REMODELING has and continues to be the indispensable tool that remodelers cannot do without—delivering the business know-how, product and technical information that home improvement pros need to help make smart decisions that will shape their success.

Payne Restoration and Construction, LLC is grateful for the wonderful clients in the West Michigan area who hire them for their craft and make it all possible.

All 550 firms can be found online at http://www.remodeling.hw.net. There you can sort and filter the data, which includes information on the company’s location, 2017 revenues, number of projects, and average job size. The website also includes numerous charts and profiles that illuminate details regarding the group.