MONTEREY, CA / ACCESSWIRE / August 20, 2024 / Company: Coastal Paving & Excavating Inc. (CPEX)a leading home builder in Monterey County, California, is proud to announce its inclusion on the prestigious INC 5000 list. Founder and CEO Michael Melicia takes great pride in this recognition of the company’s growth and success and has ensured that the company’s success drives its community building efforts.
Hard work pays off
Coastal Paving & Excavating Inc. has grown from a startup that began with just $500 to a leader in the paving and excavating industry. The company now generates eight figures in annual revenue. Thanks to this achievement, CPEX was named to the exclusive INC 5000 list, which recognizes the fastest-growing private companies in America.
CPEX was founded with the mission of providing comprehensive paving and excavation services. Since its inception less than a decade ago, CPEX has grown from a door-to-door startup to a well-known contractor working on municipal, commercial and residential projects. Careful financial management and strategic planning have helped the company achieve an impressive 300% increase in revenue in seven years. Today, CPEX generates eight-figure revenue annually and continues to expand its services throughout Monterey County.
The company has also created jobs for a team of 60 employees, well supported by Melicia’s leadershipwhich is characterized by sensitive care and community orientation.
With success comes the opportunity to give back
CPEX is committed to improving the communities it serves and regularly donates a portion of its profits to local charities. In addition to building his businesses and family, Melicia says he has “also developed a deep sense of social responsibility. My experiences have taught me the importance of giving back. I strive to live up to that responsibility by having my company continue to support local charities and initiatives, particularly those that focus on mental health and youth development.”
Melicia’s success has given him the power to make a difference in his communities. Outside of CPEX, Melicia has also built a real estate portfolio valued at over $7 million and several other successful service businesses.
Stimulate further growth in a network of emerging professionals
Michael Melicia’s vision for the future is to strengthen his brand as an entrepreneur who started with minimal funds and built a successful portfolio. He wants to inspire other aspiring entrepreneurs to pursue their ideas, encouraging them that success is attainable for anyone with the right attitude and a suitable support network.
“I firmly believe that anyone can reach their full potential when given the confidence and development of good coaching and mentoring,” says Melicia. “Many may have reservations about starting or growing a business, but attitude is everything. With my knowledge and dedication, I aim to provide support and guidance to my community and the younger generation working towards a lucrative career.”
About CPEX
Coastal Paving & Excavating Inc. (CPEX) is a Full-service paving, utilities and civil engineering company based in Monterey, California. Founded by Michael Melicia, CPEX specializes in municipal, commercial and residential projects, providing high-quality services with a focus on community and employee well-being.
Contact information:
Coastal Paving and Excavation Inc.
Michael Melicia
(email protected)
https://coastalpavingex.com/
SOURCE: Coastal Paving & Excavating Inc.
