Barry Roman is the co-founder of Reliant Asset Management, a provider of mancamps in ND, Texas, Canada and other high demand housing markets. Roman says his modular building company’s revenues rose 55,000 percent in three years, to just over $85 million.
Inc Magazine named Reliant to their annual list of high flying companies.
Reliant is based in Arlington, VA., and has eight man camps in North Dakota. Alberta and Texas are other markets they serve, about some 66% of Reliant’s business, Bismark Tribune tells MHProNews that “The crew camps as you know them have really changed in North Dakota,” Roman said. “You’re not going to see 200 to 500 guys sleeping in the same building.”
Nightly rates range from $50 to $110, based on amenities. Reliant employs 150 nationwide, and contracts out cleaning, security and food services to other firms.
Roman explained that many energy companies are compensating workers per diem to incentivize them to settle in North Dakota. Local cities and towns are also pushing for more permanent residents. Because of this, he said Reliant’s more cabin-like camps are becoming popular.
As MHProNews readers know, factors Roman describes means factory builders, developers and retailers are seeing opportunities in ND and other energy-boom markets. ##
(Photo credit; BizJournals)