NEW TOWN, PA — It’s been a very busy few months for Tracey Mechanical, the full-service contractor serving the commercial and industrial markets in the Philadelphia area. Founded and incorporated in 1972, the company is approaching its 50th anniversary this fall. Now Frank Venonsky, a 28-year veteran of the company, has become the fourth owner and CEO and looks forward to growing the company and leading it into its next chapter.
Tracey Mechanical specializes in HVAC and plumbing contracts. They are unionized with Local 420 Steam Fitters and Local 690 Plumbers and employ approximately 120 union workers and 20 clerks. Most back office workers started their careers as craftsmen and are now bringing their know-how to the organization. Most of Tracey’s work takes place in the city of Philadelphia and surrounding suburbs, including hospitals, high-rise office buildings, condominiums, stadiums, schools and universities. Notable projects include the renovations of the Philadelphia Museum of Art, the Barnes Museum, the Philadelphia Eagles’ Novacare Complex, the Arthaus on Broad, and the first phase of the Durst Project on Columbus Boulevard.
“We consider ourselves to be the best at what we do,” Venonsky said. “Thanks to our incredible legacy, our business continues to grow each year and we do everything we can to keep up with demand and continue to prove that we are the best in the business. I have been with this company for half my life and to now become the next owner means the world to me.”
Venonsky originally joined Tracey Mechanical in 1994 as an estimator before becoming vice president in 1997. When Venonsky began working with Tracey, the company’s annual sales were $3 million. Since then, growth has been exponential, and over the past decade, the company has averaged about $60 million in annual sales. Venonsky has a strong focus on growing sales while maintaining the company’s high standards.
“I am fully committed to growing our sales to $80-$100 million per year,” Venonsky said. “We are changing the culture of our company to reflect our values of honesty, hard work and integrity. We are now team and family oriented, both within our own office and in our relationships with our partners and subcontractors. I am very excited to have the opportunity to lead this incredible team into the next 50 years.”
Tracey Mechanical is located in Newtown Square, PA. Learn more at http://traceymechanical.com.
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