Page 25 - Shareholders Report 2023
P. 25
MARKETS & DIVISIONS
PROJECT BESSIE
BRANDON, FLORIDA
MANUFACTURING | MARKET CONSUMER PRODUCTS LIFE SCIENCES
DIVISION OF MANUFACTURING DIVISION OF MANUFACTURING
The Manufacturing Market was new in 2023 as part
of the Enterprise Project Delivery Model. Despite The Consumer Products Division performed In 2023, the Life Sciences Division continued
falling short of financial goals because of the delay exceptionally well on the design-build Business to execute successful projects in the U.S. and
of Project Raptor into 2024, the team achieved Continuity project for U.S. Smokeless Tobacco international markets and continued to generate
great progress with key business development in Hopkinsville, Kentucky, closing out the high-quality opportunities through relationship-
hires, relationship building, brand awareness and 260,000-square-foot, $41.3 million project in 2023. based business development. However, the division
the receipt of new RFPs. The executive leadership This project consisted of designing, permitting, sales of $546,000 fell short of a target of $10 million
team has also approved the pursuit of projects renovating and converting interior warehouse and revenue of $1.88 million fell short of the $10
within the Data Center/Mission-Critical Market. spaces into manufacturing and packaging spaces. million goal because several 2023 projects were
There was also an addition of 7,000 square delayed into 2024, including the West Pharma
Entering 2024, the market has several high- feet of utility spaces. Due to several identified Chiller Replacement in St. Petersburg, Florida.
quality leads and prospects, with indications opportunities being delayed or pushed out further Additionally, Project Perro Grande was completed
that data center and advanced manufacturing than expected, sales for the division did not meet successfully through the Basics of Design (BoD)
opportunities will ramp up in the second and the budget in 2023. In 2024, the division’s focus stage, but the design-build follow-on was awarded
third quarters. This bodes well for the team’s is on the successful start of the Intuitive project to a low-cost competitor in the Beverage Market.
efforts to maximize these opportunities and in Mexico. Significant growth in the health and
potentially overcome the financial setback in personal care product segments is expected to The 2024 forecast for the global Life Sciences
2023. It is important for the market to capitalize continue, which should be advantageous for Haskell sector remains strong, mirroring trends in
on the momentum and continue to build on the due to established relationships with companies increased global healthcare spending with
foundation laid in 2023 to ensure a successful 2024. opportunity for growth in design, procurement
like Unilever, Proctor & Gamble and Johnson
selection of clients & Johnson. Haskell aims to regain its market and construction services. This remains one of
the most recession proof verticals at Haskell
share in domestic and international projects.
and a tremendous investment opportunity.
selection of clients
selection of clients
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20 2023 Annual Report to Shareholders ◆ Haskell 23
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