Last May
marked the infamous, three-year anniversary of the EF-5 tornado that tore
through Joplin, Missouri, just across the northeastern Oklahoma border. As one
local reporter noted, the city, like Moore, Oklahoma, lost a hospital. The
community’s health care facilities became symbols of overall recovery and
revival.
Victura
Construction Group is a holding company focused on strategic acquisitions
within the construction industry that service the restoration and re-building
needs that follow catastrophic events. The company in many ways can be
considered a vital player in the overall recovery process through the
deployment of solid business practices and management, ethics and financial
resources where applicable. The foundation of VICT’s business model is driven
through its leveraging of strategic industry relationships to help ensure
success on behalf of company acquisitions.
VICT’s
service niche becomes even more valuable following the overlay of post
catastrophic event market statistics. Weather and climate disaster data
strongly suggests construction expertise and resources following such an event
not only have played a pivotal role in the economic and emotional rebuilding
process but one whose relevance will continue grow and be relied upon following
natural and technological disasters going forward. In 2013, there were 9
weather/climate disaster events with losses exceeding $1 billion each across
the United States. These events included a drought event, 2 flooding events,
and 6 severe storm events. Overall, these events resulted in the deaths of 113
people and had significant economic effects on the areas impacted. Given the
daunting economic strain of such occurrences, the relevance of VICT’s business
model becomes crucial.
While
opportunity for players within the construction industry predictably mirrors
economic indicators such as gross domestic product (GDP), housing starts and
current employment statistics, Victura’s market opportunity is identified
through occurrences which are ‘catastrophic’ by nature, making the target far
more apparent and verifiable.
A common
occurrence accounting for massive economic impact, both positive and negative,
comes in the form of coastal area flooding. As we continue to refine and
improve our country’s recovery mechanism, never before has the need for swift,
proficient and cost effective renovation and re-build services been more
apparent. Reuters reports that as sea levels rise, tidal flooding along the
U.S. coast is likely to become so common that parts of many communities,
including the nation’s capital, could become unusable within three decades,
according to a new report from nonprofit science advocacy organization, Union
of Concerned Scientists.
The
report’s projections build on recent studies – including one by Reuters
published last July – that documented a dramatic increase in tidal flooding
over the past half century. Many coastal communities are already struggling to
cope with routine flooding that makes streets impassable and overwhelms
storm-water systems.
Using a
methodology similar to those of the recent studies, scientists projected the
trends 15 to 30 years into the future at 52 sites around the country. The study
used moderate sea-level rise projections from the National Climate Assessment,
a U.S. government report based on input from some 300 scientists, engineers,
industry officials and other specialists.
With
flooding being just one of dozens of events creating revenue opportunities for
VICT, it is clear the company is doing well demonstrating the necessary
experience and market sense to differentiate itself and seize burgeoning market
opportunities to the benefit of its shareholders.
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