Restoration contractors aren’t usually faced with the immediate, thick smoke, but dangers still remain after the fire is out – whether it’s dealing with structural damage from a large house fire, or smoke odor removal following a wildfire.
2018 was a historic year for ASR Property Restoration, not only in growth, but it was also the year that we became experts in cleaning schools after wildfires, and became heroes to our local school districts, the parents, and our community. ASR Property Restoration, with a full-time staff of 70 people who were already busy, restored, cleaned, deodorized, and set equipment in over 50 schools from two separate wildfires in our county.
Disasters happen everywhere, and can send any restoration company into high gear. While it’s obviously impossible (and unnecessary) for every company to have a CAT team, it is helpful to know how to scale up your restoration company in case there is a sudden influx in business.
Delta Disaster Services, a nationally recognized and award-winning franchise brand that provides restoration services to residential and commercial properties, has rebranded as Delta Restoration Services.
Soaring temperatures from the wildfires melted the PVC water pipes buried underground, causing the plastic to leech chemicals into the water and leaving the cities facing a complicated and expensive repair.
S&P Global Ratings today took the rating actions listed below. The downgrade reflects the increased leverage, to about 4.5x over the next 12 months from about 2.7x, and S&P Global Ratings' expectation that aggressive financial policy decisions from the new ownership could increase leverage further.
In the March issue of R&R, Phil walked through his industry predictions from 2018 and revealed how he scored on each. His predictions included labor shortages and wage increases, industry pricing challenges, more TPA influence, growth of outside groups, and projections on weather-related events. To see how he fared, check out his March article! This month, he’s sharing his predictions for 2019!