From Classroom to Construction: Chris’s Journey

From Classroom to Construction: Chris’s Journey

 

Meet Chris, an Employee-Owner at Ancon Construction, with over five years of experience. His path to construction began with a career in education, teaching geometry, physics, and chemistry at the high school level. Reflecting on his time in education, Chris acknowledges the challenges teachers face, including managing behaviors and technology distractions, while deeply respecting their vital role in shaping young minds.

With his educational background, Chris decided to embrace a new adventure in construction. At Ancon, he found a supportive environment to learn and grow, gaining valuable insights from colleagues both in the office and on-site. These mentors played a crucial role in shaping his development as a project manager, navigating the complexities of commercial construction. This career change shows how valuable it is to seize opportunities and be adaptable.

“Chris is a great asset to Ancon and our project management team.  He has been instrumental in strengthening our team, leveraging his teaching background to support new members joining Ancon. He has a great career ahead of him, and we are fortunate to have him at Ancon,” shares Doug VonGunten, the President of Ancon Construction.

“Ancon is an amazing place to work because of the people and the environment,” shares Chris Morrical. “We put in hard work, but we also take time to celebrate our successes, get to know each other personally, and have fun. I love that my job provides new experiences and challenges every day. No two projects are exactly the same, leading to tons of opportunities to learn and grow.”

To Chris, project management is more than just overseeing construction sites; it involves navigating each unique challenge across diverse projects, demanding attention to detail and skillful coordination from start to finish. He emphasizes Ancon’s culture and reflects on a favorite project, Shady Creek Winery, notable for its unique design elements and resilience during the COVID-19 pandemic. He takes great pride in fostering the lasting relationships he has developed with key Ancon clients like Goodwill, Heart City Health, and Dental Care Alliance. He shares, “Being able to carry on relationships that Ancon has had for years or decades is a true honor!”

To new Ancon recruits, Chris offers valuable advice: “Never be afraid to ask questions. The vast majority of people you’ll interact with on a daily basis are more than happy to share their knowledge and experiences, which is the best way to learn and develop in any new position.”

Chris Morrical’s journey demonstrates the importance of embracing change, seeking mentorship, and seizing opportunities for growth in one’s career.

Thank you, Chris, for boldly transitioning from teaching to commercial construction. We’re proud to have you as a valuable member of our team and part of the Ancon Family of Employee-Owners.

About Ancon Construction:
Ancon Construction is a leading commercial design-build contractor offering services such as planning, architectural design, construction, remodeling, and maintenance. Headquartered in Goshen, Indiana, the company is 100% employee-owned and has been a cornerstone of the Michiana community’s architectural and construction landscape since 1975.

For more information about Ancon Construction, contact Amy Self, Ancon Construction’s Marketing Manager, at 574.533.9561, aself@anconconstruction.com, or visit anconconstruction.com.

Urban Environmental Stewardship Award

Urban Environmental Stewardship Award

 

Congratulations to Lloyd Yoder from Ancon Construction for receiving the 2023 Urban Environmental Stewardship Award!

Lloyd was honored last week at the Elkhart County Soil and Water Conservation District for his outstanding work on two projects with Elkhart County, with most of his time spent on the new Consolidated Courts project. His dedication to project meetings and positive attitude were recognized by county officials.

Well done, Lloyd!

About Ancon Construction:
Ancon Construction is a leading commercial design-build contractor offering services such as planning, architectural design, construction, remodeling, and maintenance. Headquartered in Goshen, Indiana, the company is 100% employee-owned and has been a cornerstone of the Michiana community’s architectural and construction landscape since 1975.

For more information about Ancon Construction, contact Amy Self, Ancon Construction’s Marketing Manager, at 574.533.9561, aself@anconconstruction.com, or visit anconconstruction.com.

Meet Employee-Owner Matt

Meet Employee-Owner Matt

 

Matt Krause has been in construction for over 27 years, and for more than a decade, he has been a valuable Employee-Owner of the Ancon family!

“Matt started his career at Ancon as a foreman in our Ancon Building Services division. He then moved into a Superintendent role in our General Construction side. Matt is dedicated to completing his projects on time and of the highest quality. He truly cares about the customer and Ancon,” shared Don Carrico, Ancon Construction’s Director of Safety & Operations.

Matt started his career at Ancon Construction in the building services division eleven years ago and was promoted to Superintendent in 2020.

 Outside of work, Matt enjoys camping and day trips with his three sons, Dylan, Christian, and Gabriel. Additionally, he is a fan of the Liverpool soccer team.

Here’s to over a decade of hard work and dedication. Thanks for all you do, Matt!

About Ancon Construction:
Ancon Construction is a leading commercial design-build contractor offering services such as planning, architectural design, construction, remodeling, and maintenance. Headquartered in Goshen, Indiana, the company is 100% employee-owned and has been a cornerstone of the Michiana community’s architectural and construction landscape since 1975.

For more information about Ancon Construction, contact Amy Self, Ancon Construction’s Marketing Manager, at 574.533.9561, aself@anconconstruction.com, or visit anconconstruction.com.

What Do Banks Like To See When Asking For A Commercial Construction Loan?

What Do Banks Like To See When Asking For A Commercial Construction Loan?

 

What do banks like to see when asking for a commercial construction loan?

 

If you’re planning to build a commercial property or undertake a major renovation project, you’ll likely need to secure financing through a commercial construction loan. These loans are specifically designed to cover the costs associated with commercial building projects and require a different set of documentation and requirements than a traditional business loan.

Here are some of the key factors that banks typically look for when considering a commercial construction loan application:

  1. A strong business plan: Banks will want to see a detailed business plan that outlines your project’s scope, including blueprints, architectural drawings, permits, contractor bids, and timelines. This plan should also include a detailed breakdown of the costs involved in the project, as well as an estimate of the property’s value upon completion.
  2. Strong credit history: As with any loan application, banks will want to see a solid credit history demonstrating your ability to make timely payments and manage debt responsibly. A high credit score and a low debt-to-income ratio can help increase your chances of being approved for a commercial construction loan.
  3. Adequate collateral: Commercial construction loans are typically considered riskier than traditional business loans, so banks may require additional collateral to secure the loan. This could include a lien on the property or other assets, such as a vehicle or investment account.
  4. Sufficient cash reserves: Banks will also want to see that you have enough cash reserves to cover unexpected expenses that may arise during the construction process. This could include things like delays in construction, unexpected material costs, or changes to the scope of the project.
  5. Experienced contractor: Banks will want to see that you’re working with an experienced and reputable contractor who has a track record of successfully completing similar projects. They typically require that the contractor be licensed and insured. Completing schematic drawings and understanding the actual construction cost can save time and additional questions from the bank’s underwriters. These documents should be included with your loan application.
  6. Proven track record: If you’re an established business owner, banks will want to see a proven track record of successful projects and profitability. This can help assure the lender that you have the experience and financial stability to manage a large-scale construction project.
  7. Projected cash flow: Banks will want to see that the property will generate sufficient cash flow to cover loan payments and operating expenses once the construction is complete. This could include projections of future rental income, sales revenue, or other revenue streams.

Securing a commercial construction loan requires a thorough and detailed application process. By working with a knowledgeable lender and providing all the necessary documentation and requirements, you can increase your chances of being approved for a commercial construction loan and successfully completing your building or renovation project.

Ancon Construction would love to help answer your commercial construction loan questions and learn more about your vision. A 100% Employee-Owned True Design-Build Construction firm since 1975. 

Let’s get your project started…together.

Derek’s Decade Journey with Ancon Construction

Derek’s Decade Journey with Ancon Construction

 

Derek embarked on his journey in the world of construction a decade ago with Ancon Construction. It was a challenging time economically and armed with his freshly earned college degree, he hit the pavement, dropping off resumes at local construction companies. Ancon, foreseeing the future, was among the few construction companies at the time that were hiring. Little did he know this would mark the beginning of a fulfilling career.

He started his academic journey in Civil Engineering at Michigan Tech in the Upper Peninsula but found his true passion in construction management. Derek noted growing up he discovered a love for deconstructing things to understand their inner workings. The economic aspect of the industry also appealed to him – the art of value engineering, strategizing for short-term investments that would pay off in the long run.

Ancon, in contrast to other places, has always stood out to Derek for its people-oriented culture. The company is large enough to handle substantial projects with job security yet foster a sense of belonging like one big family.

Throughout his career, Derek has worn many hats. Beginning as part of the concrete crew, he experienced various roles – from a general laborer to the steel crew. He even explored the Project Manager role in Ancon’s Building Services (ABS) division for a year before returning to the field as a lead carpenter. About five years ago, he transitioned into the role of superintendent, a position he finds to be a perfect balance of hands-on work, leadership, and collaboration.

Memorable projects have defined his journey, such as the Goodwill Excel Center in South Bend and Ethos Science Center. Both projects transformed an older building back into something useful.

What he appreciates most about his current role is the variety it offers. Most projects run for about six months to a year, preventing monotony work as locations and projects change regularly. It’s a dynamic field that keeps things interesting.

If there’s one piece of advice, he’d offer to those entering the construction industry, it’s to “never shy away from opportunities. Treat yourself as a product – the more skills you acquire, the more valuable you become. Diversify your knowledge and expertise; you never know when it might come in handy when leading a project site.”

About Ancon Construction:
Ancon Construction is a leading commercial design-build contractor offering services such as planning, architectural design, construction, remodeling, and maintenance. Headquartered in Goshen, Indiana, the company is 100% employee-owned and has been a cornerstone of the Michiana community’s architectural and construction landscape since 1975.

For more information about Ancon Construction, contact Amy Self, Ancon Construction’s Marketing Manager, at 574.533.9561, aself@anconconstruction.com, or visit anconconstruction.com.