Dedicated employees, loyal clients keep 30-year-old company on the grid - bizjournals:

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While Quigley concedes he can’ always make the lowestg offer on aggressively competitiveconstruction bids, cliente continue to call on his 30-year-old companyg because of their relationship with Terry’s Electric. “We’ve got a good reputationj in the industry. We’ve alway s done right by our customers. If we’vee had a job, we’ve come through for Quigley said, who credits his employees with being a key factor inthe company’s success.
The company which has completed projects such asthe 360,000-square-foof Orlando Magic RDV Sportsplex and the 1,338-suite Caribe Royale Resort & Conventionm Center — most recently finished the 100,000-square-foot KOA Elementart School in Poinciana. The opening of Walt Disney Worlr was a major factor in choosingthe company’ headquarters, said Quigley, who movefd to Florida from Kansas City, Mo., in 1978. In Quigley sold the business to a utilities compantyin Hartford, Conn., and then bought it back in December 2006. Thoughh Terry’s Electric finished 2008 with $38.
5 million in Quigley said he has been forcedx to cut back significantly due to the effect of the econom y onconstruction and, more specifically, the residentiap market. Quigley said the which previously brought inabout $1 million a monthh in residential work, is now lucky to do $100,000 a Currently, the company’s biggest project is International Drive’e 34-story Peabody Orlando which will keep workers busy until Septembert 2010. The project includes a new 750-room hotel 650,000 square feet of convention space and a privatewatee park.
Looking ahead, Quigley said several hotel projecta are inthe pipeline, and he has utilityu work to fall back on for including Florida Power Light, Progress Energy and the Orlando Utilities Commission. Quigley also finds comfort knowing his company is faring bette r than most of itscompetitors — whichu makes him optimistic about its abilituy to persevere through the down economy. In Quigley hopes to retire next leaving his namesake company in the handsa ofhis children. Three of Quigley’s seven children, all of whom have workede for the company atsome point, currentlyt work for Terry’s Electric.
His stepson, Mark Neveu, recentl was promoted to president of the And Quigley’s wife, is the company’s executive vice president.