In the year 2010, CPS Construction Group posted record earnings for the tenth consecutive year. This is extremely rewarding considering every business that is connected to residential or commercial construction has suffered to one degree or another as our economy continues to contract. Despite the difficult economic conditions, our balance sheet has never been stronger.
The past ten years has also been an important period of growth for our company. Not only because of the increased level of business, but more importantly, because of the magnitude and complexity of the projects that have been entrusted to us. This is a testament to the commitment of our people, and the value-added service we provide to our customers.
During these uncertain times, CPS will continue to meet the needs of our clients by bringing cost-effective ideas and innovative solutions to the construction challenges they face. Our team is fully engaged in this effort.
Thank you for your continued confidence and support.