Browsing through past copies of the magazine that was to become W&C, this author finds that the industry’s good ‘ol days weren’t always so good.
According to industry statistics, about 50 percent of new businesses fail within the first four years and about 75 percent fail within the first ten years. While the rates may differ slightly from various industries, construction is one of the highest in failure rate percentages. This makes the 75-year anniversary even more special for us at Walls & Ceilings with a drive to keep the tradition going, moving forward and last, another stretch of several decades.