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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