What started in 2011 as a parking lot striping company has come a long way.
In the years since its founding, Baton Rouge-based Genesis 360 has evolved into a full-service construction, maintenance and IT company with staff spread across the country. Last year, the firm posted a record $26 million in revenue, and this year, President Craig Stevens is aiming to triple or quadruple that figure.
“I’m shooting for $100 million,” Stevens tells Daily Report. “That’s my goal. By the grace of God, I’ll achieve it.”
Stevens says he’s on track to hit that mark thanks in large part to a substantial uptick in construction work. Of his company’s four divisions—construction, building maintenance, ground maintenance and IT—construction is currently experiencing the most growth.
The reason for that growth, Stevens says, is the large amount of money that has recently been allocated to infrastructure projects by the federal government. For example, Genesis 360 was awarded a $16.7 million contract from the U.S. Army Corps of Engineers in May for construction work in the Galveston Harbor Channel.
“Most of our construction projects are horizontal, like coastal restoration projects,” Stevens says. “A lot of money has been allocated to preserving our coasts.”
Looking forward, Stevens says he’s intent on growing Genesis 360’s IT division in a significant way. The company’s IT services currently include hardware resale, help desk support and staff augmentation.
More specifically, Stevens is looking to land some sizable IT contracts from the federal government in the fourth quarter of the 2024 fiscal year, which began July 1 and ends Sept. 30.
“We’ve seen year-over-year growth for the past three or four years, but this is going to be our biggest [jump] thus far,” he says.
In 2022, Genesis 360 was named Business Report’s Company of the Year (more than 100 employees).