Tracey Mechanical Celebrates 50 Years In Business

Press release from Tracey Mechanical:

July 18, 2022

It’s been a very busy couple of months for Tracey Mechanical, the full-service contractor serving the commercial and industrial markets in the Philadelphia area. The company, which was founded and incorporated in 1972, is approaching its 50-year mark in business this fall. Now, Frank Venonsky, a 28-year veteran of the business, has become the fourth owner and CEO, and is excited to grow the business and lead it into its next chapter.

Tracey Mechanical specializes in HVAC and plumbing contracts. They are union-affiliated with Local 420 Steam Fitters and Local 690 Plumbers, employing approximately 120 union workers and 20 office staff. Most of the office staff began their careers as tradesmen and now bring their expertise into the organization. Most of Tracey’s work is in the city of Philadelphia and the surrounding suburbs, including hospitals, high-rise office buildings, condominiums, stadiums, schools, and universities. Notable projects include the renovation of The Philadelphia Museum of Art, The Barnes Museum, the Philadelphia Eagles’ Novacare Complex, Arthaus on Broad, and the first phase of the Durst project on Columbus Boulevard.

“We consider ourselves the best at what we do,” said Venonsky. “Thanks to our incredible legacy, our business continues to grow more and more every year, and we do all we can to keep up with demand and continue to prove that we are the best in the business. I’ve been with this company for half my life, and to now become the next owner means the world to me.”

Venonsky originally joined Tracey Mechanical as an estimator in 1994 before becoming the Vice President in 1997. When Venonsky first started working with Tracey, the company’s sales were $3 million annually. Growth has been exponential since then, and for the past decade, the company has averaged roughly $60 million per year in sales. Venonsky is hyper-focused on increasing sales while maintaining the company’s high standards.

“I’m completely committed to increasing our sales to $80-$100 million per year,” Venonsky said. “We are changing the culture of our business to reflect our values of honesty, hard work, and integrity. We are now team and family-oriented, both within our own office and in our relationships with our partners and subcontractors. I’m very excited by the opportunity to lead this incredible team into its next 50 years.”

Tracey Mechanical is located in Newtown Square, PA. Learn more at http://traceymechanical.com.

This press release was produced by Tracey Mechanical. The views expressed here are the author's own.