Interview with: Ralph B. Young, P. Eng, MBA, President and CEO - featuring: their single family, multiple family and commercial/industrial lots in Alberta in the metropolitan areas of Calgary, Edmonton, Lethbridge, Red Deer and in the City of Kelowna. |
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Melcor Developments Ltd. (MRD-TSX) | |
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This is a printer friendly page! Melcor Developments has gone through a very explosive period of growth since 2000, which is reflective of the Alberta, Canada economy that they operate in as a real estate development company
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“We’ve gone through a very explosive period of growth since the year 2000, which is more reflective of the Alberta economy that we operate in. We have been very fortunate recipients of being in a part of Canada that has enjoyed extremely strong economic activity probably beginning almost ten years ago, but it is the last two or three years that it has accelerated at quite a rapid pace. Therefore, we have seen significant change as our company has grown dramatically. In 2001 for instance, our revenues were about $80 million and in 2006, our revenues were over $200 million, so we have had explosive growth.” - Ralph B. Young |
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