Area] and as far away as Marathon, Ontario.”
Even while OHL Construction Canada undertakes what Eldert boasts as “the largest construction project in the province of Quebec at this time,” their gaze is still fixed on the future.
In under a decade, there are already clear signs of this growth in Canada. Looking for signs of OHL’s 2020 Strategic Plan’s growth initiatives on the international scene is encouraging for Eldert and his team. In 2004, the company saw its international expansion reach 15 countries, with 70 percent of revenue persisting in Spain and a 30 percent scat- tering across the map. By 2014, OHL had doubled its international presence to 30 countries, with 20 percent of revenue remaining in Spain and 80 percent spread out amongst the growing OHL family. Eldert is quick to point out that “OHL is now the 8th largest contractor in Latin America,” where growth of investment in transportation infra- structure ranges from 1.5-2.3 percent and consolidation of current operations is underway in Mexico and Chile. If Canada’s projected transportation infrastructure boom lifts the current national invest- ment beyond 1.3 percent, Eldert feels OHL Construction Canada can also begin to make a move from the development stage into con- solidation as well. The Strategic Plan envisions that by 2020, 15-20 percent of OHL’s projected $11 billion CAD revenue flow will come from Canada and the United States.
Electrical Millwrighting Ironworking Piping Fabrication Sheet Metal
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APRIL 2016 • SPOTLIGHT ON BUSINESS
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