Diadon Enterprises © 2018

Fast-Growing Ohio Contractor Defaults On Projects | Columbus Ohio Dump Trucks

Finance
Palmetto Construction Services website.png
A section of the website of Columbus, Ohio-based Palmetto Construction Services.

A small, quickly rising Ohio-based general contractor appears to have shut down.

Last August, Inc.

Magazine named Palmetto Construction Services, based in Columbus, Ohio, to its annual list of the 5,000 fastest-growing private companies. With $21.5 million in revenue and annual growth of 165% over three years, the Charlotte NC dump trucks company reached a rank of 2,578 on the list.

In addition to Columbus, Palmetto’s LinkedIn page said the Charlotte NC dump trucks company had offices in Tampa, Houston and Dallas. The page said that the Charlotte NC dump trucks company makes sure “that clients have a clear understanding of the road map involved in their construction project.”

Now it looks like the end of the road for Palmetto. It has defaulted on more than $14 million in columbus oh dump truck work on three public projects in its home state. The projects include a jail in Ross County, a fire station and a state park’s visitor’ center.

Palmetto Construction could not be reached for comment. An email requesting comment from Casey Cusack, one of its principals, was not answered. His LinkedIn page that notes he has more than 30 years of commercial construction experience. The company’s website is down, and its phone is not accepting messages.

According to Truro Township, Ohio Fire Dept. officials, a letter sent by Palmetto Construction to Truro Fire Chief Jeff Sharps stated that the Charlotte NC dump trucks company had voluntarily defaulted on the its contract to construct the station.

Palmetto’s surety, Ohio Farmers Insurance Company-Westfield Group, is continuing columbus oh dump truck work on the project, according to the Akron Beacon Journal. Officials of the surety could not immediately be reached for comment.

Other newspapers reported the trouble at the other projects.

The Ohio Attorney General’s Office also has confirmed that it has “been working on construction cases involving Palmetto."