Building a Career in Construction

Building a Career in Construction

Building a Career in Construction: Paul’s Journey at Ancon Construction

 

Paul, a 27-year-old construction enthusiast, found his calling at Ancon Construction, following in his brother’s footsteps. Initially working at a factory and feeling dissatisfied, Paul took the leap and joined Ancon’s carpentry crew. Little did he know that this decision would shape his future in unforeseen ways.

While attending college briefly, Paul realized that the traditional academic path was not for him. His passion lay in hands-on work and building things, which he had always enjoyed, even during his summer construction jobs. This innate talent and enthusiasm paved the way for his transition into construction as a full-time career.

Paul started his journey at Ancon as a carpenter, honing his skills and expanding his knowledge for the next three to four years. During slower periods, he willingly lent a hand on the concrete crew, relishing the variety and diversity of tasks. This flexibility showcased his adaptability and commitment to contributing in any way possible.

Recognizing Paul’s potential, the team at Ancon encouraged him to grow further, and he eventually transitioned into the role of warehouse manager, and superintendent. These promotions not only demonstrated his colleagues’ trust and belief in him but also provided a unique opportunity to broaden his horizons and take on new responsibilities.

One of Paul’s most recent notable experiences was serving as the superintendent for the Goshen Apartments project, known as Copperleaf Cove. This venture offered him a wealth of insights into the complexities of construction management, including scheduling and overseeing a team of subcontractors. It was a valuable learning experience that exposed him to the behind-the-scenes operations of a project.

Throughout Paul’s 27 years with Ancon Construction, he has relished the supportive and collaborative work environment. He emphasizes the strong sense of camaraderie and teamwork within the company, which he believes is essential for personal and professional growth. Paul acknowledges that such an atmosphere is rare to find and cherishes the benefits that come with it.

Two projects have held a special place in Paul’s heart: The Red Panda project and the construction of a carousel at the Potawatomi Zoo. “The opportunity to build a carousel was a remarkable experience,” shares Paul. He delights in his grandkids’ excitement when they proudly exclaim, “Grandpa built this for me!” These projects not only showcase his craftsmanship but also provide him with lasting memories.

What keeps Paul motivated after all these years? He attributes it to the people he works with. Having had experiences in other places, he recognizes the rarity of finding individuals who are genuinely dedicated and passionate about their work. At Ancon, the employee-owners take pride in their craftsmanship, delivering high-quality results and fostering a positive work environment.

For those considering a career in construction, Paul offers valuable advice: “Pay attention to your elders and learn from experienced professionals. Being prepared and open to new challenges is crucial. Ancon Construction, a non-union company, values continuous learning and encourages employees to acquire new skills—a recipe for success in the industry.”

Paul’s journey at Ancon Construction serves as an inspiration to aspiring construction professionals. From his humble beginnings as a carpenter to his role as a warehouse manager, Paul’s story highlights the importance of seizing opportunities.

Ancon Construction Cultivates New Generation of Leaders in the Construction Industry

Ancon Construction Cultivates New Generation of Leaders in the Construction Industry

Ancon Construction Cultivates New Generation of Leaders in the Construction Industry

 

 

Ancon Construction is pleased to announce the addition of three talented individuals to our team as summer interns, cultivating the next generation of construction industry leaders. Alberto Sanchez, Logan Heller, and Ben Erichsen joined us to gain valuable hands-on experience in their respective fields. Additionally, Andrew Lockwood, a returning intern, will continue his work with us this summer, gaining valuable experience.
Alberto Sanchez and Ben Erichsen, both students at Purdue University majoring in Construction Management, bring a wealth of enthusiasm and dedication to their roles. Both will be actively involved in the field, working closely with our seasoned Superintendents at job sites throughout the summer.
Logan Heller, a Ball State University student majoring in Architecture, is thrilled to join our Architecture Team. This internship will give him exposure to diverse projects that will refine his skills and strengths.
Furthermore, we are delighted to welcome back Andrew Lockwood, who is entering his junior year at Purdue University, returning to us for his second-year summer internship at Ancon Construction. This summer, Andrew will continue working closely with our seasoned Superintendents on various job sites, applying his expertise and further developing his skills.
“We are excited to have Alberto, Ben, Logan, and Andrew join us as interns this summer,” expressed Doug VonGunten, President of Ancon Construction. “At Ancon Construction, we provide opportunities for emerging professionals to grow in the construction and architecture industries. Our internship program is designed to cultivate the next generation of leaders by fostering hands-on experiences, mentorship, and exposure to real-world projects.”
We warmly welcome Alberto Sanchez, Logan Heller, Ben Erichsen, and Andrew Lockwood as they embark on their career journeys with Ancon Construction. We are excited to witness their contributions to Ancon Construction this summer. Their dedication and passion for their fields align perfectly with our company’s vision, and we eagerly anticipate the contributions they will make to our projects and the construction industry as a whole.

Ancon Construction Celebrates 2023 Leadership Academy Graduates

Ancon Construction Celebrates 2023 Leadership Academy Graduates

Ancon Construction Celebrates 2023 Leadership Academy Graduates

 

Ancon Constructions is proud to share our two talented designers, Matt VanSoest and Bryan Baer, completed rigorous leadership academies this week and graduated. We are incredibly impressed with their dedication and hard work over the past nine months.

  • Matt had the opportunity to demonstrate his expertise and leadership skills by overseeing and mentoring teams who worked on initiatives improving the quality of life in Marshall County.
  • Bryan’s leadership team collaborated with Saving Grace Advocacy, a nonprofit organization in Elkhart. Their efforts will significantly impact the organization for years to come.

We are incredibly proud of their accomplishments. Congratulations to both of our designers on a job well done!

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.

True Design-Build, 3-Part Video Series

True Design-Build, 3-Part Video Series

Have you ever wondered how a construction project goes from an idea to a fully-realized structure?

 

Ancon Construction’s 2Min Drill on True Design-Build walks you through every step. In this three-part series, you’ll hear from Ancon’s in-house architect, Ben, and in-house designers, Matt and Bryan, who share their insights on the value of having an in-house design team and the importance of understanding a client’s vision. From the initial programming phase to the power of 3D modeling, you’ll gain a comprehensive understanding of Ancon’s approach to bringing client visions to life. Watch these informative videos below to learn more about Ancon’s True Design-Build process and how it can benefit your next construction project.