MONTEREY, CA / ACCESSWIRE / August 20, 2024 / Coastal Paving & Excavating Inc. (CPEX), a leading contractor in Monterey County, California, proudly announces its inclusion on the prestigious INC 5000 list. This recognition of the company's growth and success is received with great pride by founder and CEO Michael Melicia, who has ensured its success furthers its community-building efforts.
Hard Work Pays Off
Coastal Paving & Excavating Inc. has grown from a start-up that began with just $500 into a leading firm in the paving and excavating industry. The company now generates eight-figure revenues annually. This accomplishment led CPEX to be a part of the exclusive INC 5000 list, which recognizes the fastest growing private companies in America.
CPEX was founded with the mission to provide comprehensive paving and excavating services. Since its founding less than a decade ago, CPEX has grown from a door-to-door startup into a well-known contractor working on municipal, commercial, and residential projects. Careful financial management and strategic planning have led the company to an impressive 300% revenue increase over seven years. Today, CPEX generates eight-figure revenues annually and continues to expand its services across Monterey County.
The company has also created jobs for a team of 60 employees who are well-supported under Melicia's leadership, which is characterized by empathic care and community focus.
With Success Comes the Opportunity to Give Back
CPEX is committed to improving the communities that it serves, regularly donating some of its profits to local charities. In addition to building his businesses and family, Melicia says that he has, "also nurtured a deep sense of community responsibility. My experiences have instilled in me the importance of giving back. I strive to fulfill this responsibility through my company's ongoing support of local charities and initiatives, particularly those aiding mental health and youth development."
Melicia's success has given him substantial power to make a difference in his communities. Outside of CPEX, Melicia has also built a real estate portfolio worth over $7 million and several other successful service businesses.
Inspiring Further Growth in a Network of Aspiring Professionals
Michael Melicia's vision for the future includes elevating his brand as an entrepreneur who started with minimal resources and built a thriving portfolio. He aims to inspire other aspiring entrepreneurs to pursue their ideas. He encourages them that success is within reach for anyone with the right mindset and a proper support network.
"I strongly believe everyone can live up to their full potential with the trust and development of good coaching and mentoring," says Melicia. "Many may have reservations about starting or growing a business, but mindset is everything. With my knowledge and devotion, I want to provide support and guidance to my community and the younger generation that is working towards a profitable profession."
About CPEX
Coastal Paving & Excavating Inc. (CPEX) is a full-service pavement, utility, and civil construction firm based in Monterey, CA. Founded by Michael Melicia, CPEX specializes in municipal, commercial, and residential projects, offering high-quality services with a focus on community and employee well-being.
Contact Information:
Coastal Paving & Excavating Inc.
Michael Melicia
media@coastalpavingex.com
https://coastalpavingex.com/
SOURCE: Coastal Paving & Excavating Inc.
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