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2016-06-13T00:00:00.000Z

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Wrong David Watts?

Mr. David Watts K.

President

Watts Electric Company

Direct Phone: (402) ***-**** ext. ***       

Email: d***@***.com

Watts Electric Company

13351 DOVERS ST

WAVERLY, Nebraska 68462

United States

Company Description

Watts Electric Company, Inc. is an electrical contracting firm doing business throughout the Midwest. The company was founded May 1, 1982 by E. David Watts, owner and operator. Since 1982 the business has grown from a one person operation to a leader in... more

Find other employees at this company (19)

Background Information

Employment History

Owner

Owner Inc

Owner

Blastec Inc

Education



Auburn University

Web References (49 Total References)


Review by Dave Watts of ...

www.FindFileMakerDevelopers.com [cached]

Review by Dave Watts of For Rent By Owner, Inc.


Watts Electric Company was ...

wattselectriccompany.com [cached]

Watts Electric Company was founded May 1, 1982 by E. David Watts.


E. David ...

wattselectriccompany.com [cached]

E. David Watts President

Watts Electric Company
13351 Dovers Street Waverly, NE 68462 - Map It
(402) 786-2270 info@wattselectriccompany.com


Watts Electric Company is the ...

www.tamarafagan.com [cached]

Watts Electric Company is the second construction company founded by Dave Watts. Dave started in the contracting industry as a drywall installer, then soon opened his own drywall installation business. After Dave injured his shoulder on the job, he decided to make a career change, and began taking classes at night, to become a licensed Journeyman Electrician. By 1982, within three years of obtaining his Journeyman license, Dave was able to become an owner again, with the opening of Watts Electric Company.

At first, the company focused on agricultural and general electrical scopes. Over the next thirty-three years, the company diversified into the DOT, airport, industrial, high voltage, substation, and utility markets. Watts now generates $25 million in annual revenue, and actively pursues business in Nebraska, Iowa, MInnesota, South Dakota, Kansas, Oklahoma and Missouri.
To estimate, Watts uses a combination of estimating software and ... Read the full article


Watts Electric Company is the ...

www.tamarafagan.com [cached]

Watts Electric Company is the second construction company founded by Dave Watts. Dave started in the contracting industry as a drywall installer, then soon opened his own drywall installation business. After Dave injured his shoulder on the job, he decided to make a career change, and began taking classes at night, to become a licensed Journeyman Electrician. By 1982, within three years of obtaining his Journeyman license, Dave was able to become an owner again, with the opening of Watts Electric Company.

At first, the company focused on agricultural and general electrical scopes. Over the next thirty-three years, the company diversified into the DOT, airport, industrial, high voltage, substation, and utility markets. Watts now generates $25 million in annual revenue, and actively pursues business in Nebraska, Iowa, MInnesota, South Dakota, Kansas, Oklahoma and Missouri.
To estimate, Watts uses a combination of estimating software and computerized spreadsheets, specifically Sage Timberline and Excel®.
For accounting, Watts also uses Sage Timberline. Using the estimate, Watts budgets the job into a detailed cost breakdown, from which a variety of reports can be filtered. Dave Watts reviews the reports monthly, and begins to pay particular attention when jobs reach 50-to-60% completion. Dave says, "Material costs are relatively fixed, so the main variable is labor, and that's what we focus on controlling."
...
Because the scope of work Watts performs includes electrical work abiding by DOT, FAA and NECA standards, Dave is well aware of the absolute differences between the three market segments. Dave believes the classifications should be more defined, to allow simplification of wage rate requirements.
Nebraska's transportation funding is on an upswing. WIth 2015 state and local highway spending projected* at $800 million, and a new, increased gas tax of $.06 per gallon dedicated to transportation, plus 1/4 of each $.01 in sales tax collected implented four years ago, Nebraska "has projects not previously on radar, estimated for completion in ten years," Dave optimistically explains.
Owning a successful electrical contracting company for over thirty years provides a long-term perspective on both the industry, and a career in construction. As a business owner, the most negative industry changes, according to Dave, have been increasing government regulation and oversight. Stiffer OSHA, EPA, and DOT enforcements have made operating the business far more difficult, while advances in computer technology, have offered the most positive rewards.
On a personal level for Dave, his biggest enjoyment from having a career in construction has been building the business (he likes to build things!), being able to provide a good life for his family, and being able to give back to the community.

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