No.3, Larry Snyder & Co.

For Larry Snyder & Co., a diverse portfolio of “complete construction services” enables its clients to turn pastures into vacation resorts without switching contractors. That diversification is the driving force behind the company’s success, said Cary Paschke, director of business development.
In three years, Larry Snyder & Co.’s sales have increased 130 percent. The biggest leap was a one-year, 69 percent increase, from $15.8 million in 2002 to $26.7 million in 2003. And CEO Larry Snyder predicts another 23 percent increase from 2004 to 2005. In 2004, the company had $36.4 million in sales; $45 million by the end of this year.
“(In 1978), I had a good company going in commercial buildings; we were doing the little metal buildings – strips centers, an office building here and there,” Snyder said.
The company that started with two employees in 1978 now employs between 70 and 130 people. Much of that growth has happened in the past two years; the entire first floor of the 14,500-square-foot corporate office, which opened in Ozark Jan. 2, 2004, is full. The company will have to develop office space on the building’s second floor before adding more staff, said Lacy Emmert, who works alongside Paschke in business development.
Larry Snyder & Co.’s past projects include heavy industrial sites, large apartment complexes, banks, vacation resorts and subdivisions. A 2003 renovation of the 1913 Frisco railroad building, now the Frisco Station Apartments in Joplin, won the Governor’s Award for Excellence in Affordable Housing.
Right now, there are two main divisions that fall under the umbrella of Larry Snyder & Co. – a building division and a site development division.
The site development division, which
provides infrastructure work, has seen the highest sales percentage growth in the past year, increasing 123 percent from $5.3 million in 2003 to $11.8 million in 2004, Snyder said.
Offshoots of the two divisions are already taking hold. Midwest Mining Co., which started three years ago, is another of Larry Snyder & Co.’s holdings. Midwest Mining Co. strips overburden, or excess soil, from rock quarries and mines to enable access to the minerals below.
Land development is almost a third division of Larry Snyder & Co., Snyder said. With this service, the company paves the way for site development to come in; they purchase land, help to obtain desired zoning status and work with engineers to develop infrastructure blueprints needed by city and state governments before a development can move forward.
“We’ll continue to grow – I’m real comfortable with that,” Snyder said.
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