Saturday, July 4, 2009
Business
Comment

Contractors change market strategies to cope with weakening economy

Published 05/18/08

Alex Shively, owner of Independent Construction Co. in Cape St. Claire, said most of his business used to come from commercial and government work.

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But as the competition grew more cutthroat in a bleak economy, Mr. Shively decided to go after more residential work. This year, he started Annapolis Renovators, a home-renovation division, to help pay the bills.

 

"It's frustrating, but it's something as a business owner that you have to recognize," he said. "We are looking forward to the other opportunities."

Mr. Shively is part of a trend manifesting itself in Anne Arundel County as...

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