Todays McGill Smith Punshon, Inc.McGill Smith Punshon, Inc. has weathered the challenges of several more recessions since that time. Armed with the knowledge and experience gained during the late 1990s, the leadership team remains vigilant to challenges the organization faces and takes action in a concise and timely fashion.E X P A N D I N G I N F L U E N C EProject diversification allows McGill Smith Punshon, Inc. to work in a variety of markets. The firms projects and priorities evolve depending on the ups and downs of the economy and market demand. When one sector of the building market is down, for example the residential development market, another sector is typically up, such as the commercial property market or the collegiate market. Another factor that plays a large role in building market trends is funding sources. When private sector spending drops, public spending commonly rises, and vice versa. Recognizing this, the principal owners of MSP choose to balance their participation in public and private projects.The period from 1995 through 2007 saw a growth of annual revenue for MSP and enabled an expansion of full-time staff, growing to sixty-eight from a post-bankruptcy staff of twenty-eight. The economic success of the company during this time period also opened the door for the expansion of the ownership group by establishing minority shareholder positions within 53