Limbach Holdings Inc., a Nasdaq-listed building systems firm with approximately 1,500 employees nationwide, will relocate its corporate headquarters from Pennsylvania to Tampa, marking a structural shift in where the company\u2019s leadership and corporate operations are centered.<\/p>\n
The company, which trades under the ticker LMB, said nearly 40% of its corporate workforce and a significant share of senior leadership are already based in Tampa. Limbach opened its Tampa office in 2020 and has since tripled the size of the local team.<\/p>\n
Tampa will serve as the company\u2019s official headquarters. Limbach will continue operating in the Pittsburgh region, where it was founded in 1901.<\/p>\n
\u201cOur new headquarters reflects who we are today,\u201d said Mike McCann, president and CEO. \u201cAs we formalize Tampa as our headquarters, we remain proud of our Pittsburgh roots and fully committed to growing our organic business in the region.\u201d<\/p>\n
Scale and positioning<\/p>\n
Limbach designs, installs and maintains mechanical, electrical, plumbing and controls systems for mission-critical facilities, including hospitals, data centers, manufacturing plants, life sciences labs and universities. The company operates 21 offices across the Eastern and Midwestern United States.<\/p>\n
In its fourth-quarter earnings report released this week, Limbach posted record revenue of $186.9 million, a 30% increase from the prior year. The company has expanded its focus on recurring service revenue and long-term infrastructure partnerships tied to complex facilities.<\/p>\n
READ: TAMPA BAY REAL ESTATE NEWS<\/a><\/p>\n