“Are capital-intensive subcontractors with substantial fabricating operations the most likely not to make it through to the end of the construction recession?
That’s a question prime contractors could ask in light of the latest major subcontractor default.
Austin Industries, the big commercial and industrial contactor, says of its four projects on which Trainer Glass Co. was serving as a subcontractor, three were nearly completed and are running on schedule and the fourth is in a very early stage and is unlikely to be affected.
Based in Farmers Branch, Texas, Trainor Glass shut its doors at nine locations where it had operations Feb. 22 and has made no public statement since then. Trainor was the second major cladding fabricator and contractor to shut this winter.
Looking back, was it possible to have detected signs of Trainor’s demise?”
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