Dear Friends, Colleagues and Business Associates,

Ed Audy, Ed Brnich and I are writing to you on the 25th anniversary of the founding of our business. In 1993, the country was in the midst of the Savings and Loan crisis.  Some felt our endeavor overly risky.  Yet, and as with most things, catching a trend at the absolute top or bottom of a cycle tends more to be luck than timing.  Risk exists in everything worth doing.  And; doing nothing is seldom the best option.

Waverly Construction & Management Company started with the goal of providing big company sophistication on mid-sized projects; while creating honest working relationships with clients, subcontractors and vendors.  During the early days, we were blessed with the support of customers like Gingery Development Group and Top Shelf Development, both of whom remain customers these many years later.  We are proud to have constructed arguably the finest privately-owned ice arena in Maryland, beautiful office buildings, retail centers, warehouses, renovations and interior fit outs for some of the most important businesses in the region.  And while we pride ourselves on our general contracting and construction management capabilities, we are pleased with our skill in self-performing carpentry, drywall and ceilings.  In a time of increasing specialization, this expertise has been an important reminder of the foundation of what has become our industry; and that, is one of a builder.

On the European front, and within only a year of Waverly’s formation, we accepted a consulting role with Menard Doswell & Co. for an assignment in Warsaw, Poland.  We instantly became an international construction business advisor on Doswell sites. In addition, we exported and imported air conditioning equipment to further support our client.  These efforts quickly morphed into the EastWave Building Company – a general contracting and construction management firm.  EastWave recently celebrated its 20th anniversary and remains very active, having just broken ground on nearly a million square feet of industrial projects.

Today, we are very proud of the unique evolution of our business; and, remarkably grateful to everyone who has played a part.  This gratitude ranges from our customers, subcontractors, vendors and advisors who have helped drive our mission.  We are also most grateful to our staff and their families who have sacrificed to enable this twenty-five year run.

But, and as has been said…  “Life can only be understood backwards; but it must be lived forwards.”

With the addition of four young new partners, we are confident in “living forward”.  Mary Van Divner, Pam Hundley, Rob Bates and Manny Rivera have proven traits of loyalty, trustworthiness, energy and enthusiasm.  They are the backbone of our business as we move into the next quarter century.  Our commitment to the main concept of our original goal; to create honest, close working relationships with clients, staff, subcontractors and vendors continues.

In the end, Ed, Ed and I, along with Mary, Pam, Rob and Manny would like to thank you.  We are extremely appreciative of your support and look forward to a bright future.


Jef Eyring