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GV

 
Hoover's Profile: The Goldfield Corporation
 
(NYSE Alternext:GV)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
The Goldfield Corporation
1684 W. Hibiscus Blvd.
Melbourne, FL 32901
FL Tel. 321-724-1700
Fax 321-724-1163

Type: Public
On the web: http://www.goldfieldcorp.com
Employees: 121
Employee growth: 1.7%

The Goldfield Corporation now earns more laying cable than it did digging for mother lodes. Through its Southeast Power subsidiary, Goldfield builds and maintains electrical facilities in the Southeast and Mid-Atlantic regions for utilities and industrial customers, including Florida Power & Light Company and Progress Energy. The unit also installs transmission lines and fiber-optic cable. Goldfield's Bayswater Development subsidiary maintains real estate operations in Florida, specializing in developing waterfront condominiums for retirees. The company, which had been in the mining industry since 1906, divested those operations in 2002 after deciding that it had become economically unfeasible.

Key numbers for fiscal year ending December, 2008:
Sales: $31.4M
One year growth: 15.2%
Net income: ($5.4)M

Officers:
Chairman, President, and CEO: John H. Sottile
SVP, CFO, Treasurer, and Assistant Secretary: Residential Real Estate Development

Competitors:
Dycom
EMCOR
MasTec

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