Orlando-based shell construction contractor ODC Construction recently expanded its service market and acquired Tampa-based Farro Construction. The expansion brings about an integrated team of more than 500 construction experts, with plans to add 50 more skilled construction laborers by December 2013.
"This was a one-of-a-kind opportunity for both companies,'' says CEO Isaac Lidsky. "Integrating Farro Construction into ODC Tampa will guarantee ODC’s industry-leading service and quality as we continue to grow in that market.''
In June 2011, Lidsky and a team of partners acquired ODC Construction
and began to set an ambitious expansion plan in motion -- including developing new projects and strengthening business relationships in Tampa Bay.
By mid-2012, ODC had launched its Tampa division which quickly grew from 2 employees to more than 100.
After developing a successful business partnership with Mike Farro, founder of Farro Construction, ODC saw a unique opportunity to further develop the Tampa market while integrating the expertise of Farro Construction’s team to continue ODC’s rapid growth.
"Farro Construction has a great reputation as a shell contractor in Tampa -- they’ve been doing it for years. We got to talking with Mike, and it was a remarkable situation. I think it was meant to be," says Lidsky.
With home prices having risen 15 percent in Tampa -- 11 percent over the last year -- ODC’s expansion plans include further cultivating the Tampa market to produce continual solid company-wide growth.
"Construction is really leading a broader economic recovery. The new home market in Tampa is a phenomenal and obvious place to be," says Lidsky.
The company additionally recently launched a new Carolina office based in Charlotte, North Carolina. Farro’s previous experience in the Charlotte market will only add value to ODC as the company continues to move forward in its growth strategy. Farro is now ODC Charlotte’s construction manager.
"I know we will do great things together. We’re just getting started," says Lidsky.
For more information on career opportunities or unique business partnerships, visit ODC’s website
Writer: Kaye Brown
Source: Isaac Lidsky, ODC Construction