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October 28, 2010

GLY CEO: 2011 will be the toughest year

  • Jim Karambelas replaces former CEO Lee Kilcup this month, just as the construction industry heads into what he says could be the softest year in the downturn.
  • By SAM BENNETT
    Special to the Journal

    When Jim Karambelas joined GLY Construction in 1995, he didn't set his sights on a gradual progression to the top.

    Rendering courtesy of ZGF Architects LLP [enlarge]
    GLY is co-developer on this 85-unit apartment project called Tacoma Elks, which breaks ground next July. Jim Karambelas said such ventures are part of the company’s diversification strategy.


     
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