Page 4 - Q4_2021_Corp Newsletter

MESSAGE There has never been a better time to be in the construction business.
The year 2022 is a tremendous opportunity for Rosendin.

FROM

THE CEO T but think back to where things stood for Rosendin platforms regardless of position or title. Our workforce
his time of year we traditionally reflect on the past
and eagerly anticipate what lies ahead. I can't help
development team is training people through field boot
camps and we are offering continuing education credits
in late 2019. We had a goal of $2B in revenue, a deep
pipeline of work, and a good sense of direction for the to our California electricians for licensing purposes.
And if you want to start or continue your college
company. 2020 turned out to be a successful year for education, we offer tuition reimbursement. What we do
us, despite the worldwide pandemic and the country's in the future will secure our place as an industry leader.
supply chain issues. Our teams rose to meet enormous But, we each must ask ourselves, how do I continue
challenges and continued to do so throughout 2021. to think and act responsibly within this industry?

We are now entering our third year as the next As we continue to grow, we must maintain our values,
generation of Rosendin leadership, and we're culture, and relationships. These are the elements that
projecting $3B in revenue in the near future. That's have supported and fostered our growth, and we must
an incredible testament to the hard work and nurture them.
dedication of every one of our employees.
We must continue to give back to the communities
When we look at the future, we see opportunities and we serve, and The Rosendin Foundation is a great way
the market expanding. We have booked good work that to do this. Since establishing The Foundation in 2020,
will allow us to continue our responsible growth. we have given back more than $600,000 to nonprofit
organizations focusing on emotional, nutritional,
The recently passed infrastructure legislation is the
and occupational health. Through the hard work of
largest bill in decades that directly impacts construction.
Rosendin and MPS volunteers, The Foundation has
We see both opportunities and markets expanding
formed deeper connections in our local communities
as a result of this legislation. Low voltage and special
and is having a tangible positive impact around the
systems are one of our largest growth opportunities.
country. I encourage you all to continue to support The
Data centers are everywhere, and we are servicing
Foundation in its efforts to impact, empower, and inspire.
the best owners and clients in the world. Additionally,
the semiconductor manufacturing industry is growing The year 2022 is a tremendous opportunity for us.
at a rate we have never seen in our lifetime, and this As I said before, there has never been a better time
growth will positively affect every market we serve. What to be in the construction business. Fortunately
will also be vital in managing our growth responsibly for all of us, we are employees and owners of the
will be our continued investment in our people. country's largest privately-held electrical contracting
company. Trust your partners, your coworkers, your
Rosendin has a well-trained workforce, but we must
leadership, and your managers. With the Rosendin
continue to reinvest in that workforce. One of the
brand, our core values, and the power of our ESOP,
elements that differentiates us from our industry
we are in complete control of our destiny.
peers is how we continually invest in our people,
with an emphasis on training. Our Training & Quality I appreciate all of your hard work this past year.
Department was officially established in San Jose, CA, Make sure that you take opportunities to rest,
in 2003 with just four people. Today our Training & recharge and have a work/life balance. Rosendin
Quality department comprises 35 people with staff has a bright future ahead, and it's thanks to all
located in several offices across the country and offers of you. Thank you for making a difference.
- Mike
continuing education opportunities via many different

4 | THE FEEDER THE FEEDER | 5