2011 marks our 64th year in business and promises to be every bit as exciting and challenging as those in previous decades. During the recent economic downturn we remained financially sound, maintaining low debt, good backlog of profitable work and excellent relationships with our banks and bonding companies. We accomplished this through creativity and frugality combined with highly selective bidding. The result has been an intense focus on value and innovation across the board and the delivery of greater value to us and our customers. I intend to capitalize on what we have learned over the past two years as we renew our commitment to our growth strategy.

Enabling our growth and has been our significant strides in safety management resulting in a .86 EMR, which is forecasted to reduce still further by the end of the year. We’ve also continued to do remarkably well on both internal and OSHA inspections. Our recordable incidents continue to be below average for our industry classification.

In the coming few years Thalle will continue to seek opportunities to bring value to customers whose projects present particularly challenging technical or scheduling aspects. Whether they are one-of-a-kind types or projects needing innovation or our early involvement, we are committed to thoroughly engaging every owner, at every phase, and make construction easy for them.