St. Pete builder surpasses billion-dollar revenue mark

Power Design, a St. Petersburg multi-trade contractor, surpassed $1 billion in annual revenue for the first time in its history.

Founded in 1989 by Mitch and Dana Permuy as a venture operating out of their home, Power Design says it evolved into an industry player with more than 2,700 employees across 25 states.

The company has a 40-acre headquarters in St. Pete, and it has a 208,000-square-foot prefabrication and distribution facility in Palmetto.