HBE Tops Magazine’s Healthcare D/B List

Hospital design-build firm HBE Corporation increased its revenues in 2010 by $30 million, placing the privately held company first on the list of Modern Healthcare's Top 10 Hospital Design/Build Companies in the United States.

HBE Corporation reported a revenue of $349 million in 2010; an increase of $30 million or 9.4% over its reported $319 million revenue in 2009. Working solely on healthcare projects, HBE Corp. has 51 years of experience with approximately 400 full-time employees. HBE Corp. reported completing healthcare projects in 20 states in 2010, which included a $79 million replacement hospital for Adventist Medical Center in Handford , CA ; a $55 million patient pavilion and garage for Samaritan Medical Center in Watertown , NY ; and a $26 million project in Olney, MD. At the end of 2010, HBE was nearing completion of a $200 million replacement hospital for Orange Regional Medical Center in Wallkill , NY .

HBE Corp. attributes its increased revenue to improved company performance in its core hospital design and construction business, which reflected a slight easing in nationwide construction financing constraints and planned projects that got under way in 2010.

HBE Corp. President and CEO Fred Kummer said that he expects 2011 "to be a banner year" for HBE with major projects either getting started or being substantially completed, including a $300 million multi-phase project for Kaiser Permanente in Harbor City, CA; a $185 million replacement Hospital for Memorial Hospital in Ventura, CA; an $80 million, 52-bed facility for Goleta Valley Cottage Hospital in Santa Barbara, CA; and a $70 million hospital addition for Summit Health in Chambersburg, PA.

"We've got a lot more work in production right now than we had a year ago," said Kummer. HBE Corp. is majority-owned by Fred and June Kummer.

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