Roncelli marks 60 years with record revenue, new ownership and Detroit expansion

Roncelli is celebrating its 60th anniversary with a package of investments in leadership, workplaces, technology and community giving. The Michigan construction firm expects record revenue above $550 million as it expands ownership, renovates its headquarters and deepens its Detroit footprint.

Why it matters: - Roncelli is using its 60th year to reset for growth, not just celebrate a milestone. - The company is pairing record revenue expectations with leadership ownership, workplace upgrades, technology adoption and community investment. - The moves signal how the Sterling Heights-based contractor plans to compete for talent, projects and long-term continuity.

What happened: - Roncelli marked its 60th anniversary on July 16, 2026. - The company was founded in 1966 by Raymond “Skip” Roncelli as a concrete trenching contractor. - Roncelli now has more than 200 team members and work across Michigan, the Midwest and Canada. - The company expects its highest revenue ever in 2026, topping $550 million.

The details: - Roncelli expanded ownership participation among key leaders. - The company launched a non-voting phantom equity plan for nearly 20% of its senior leadership team. - Roncelli added four chief officer roles filled by long-tenured leaders: Jim Carnacchi as Chief Preconstruction Officer, Michael Cairns as Chief Financial Officer, Paul Day as Chief Operating Officer of Core Markets and Jereme Poxson as Chief Operating Officer of Specialized Markets. - Jude DeBacker, Jeff Tessmer and Tony Roncelli also earned equity in the business. - Roncelli completed an overhaul of its 50,000-square-foot Sterling Heights headquarters. - The renovated headquarters includes state-of-the-art meeting and connectivity rooms. - Roncelli moved its Detroit office to the historic Chroma Building at 2937 E. Grand Blvd., Suite 505. - Roncelli-affiliated stakeholders acquired an ownership stake in the Chroma Building. - The company refreshed its brand identity, including a new logo and updated website at buildroncelli.com. - Roncelli expanded companywide use of construction technology, data tools and AI resources for communication, planning, project delivery, safety and operational decisions. - Through the Roncelli Family Foundation, the company raised and donated more than $100,000 to community nonprofits. - Bourbon & Bags, Roncelli’s annual fundraising event, raised more than $100,000 for the Detroit Wayne Integrated Health Network, YMCA of Metropolitan Detroit, The Parade Company and the Detroit Zoological Society.

Between the lines: - The ownership changes and phantom equity plan are aimed at retention and succession as the company scales. - The headquarters renovation and Detroit move show Roncelli is investing in physical presence as well as digital tools. - The Chroma Building stake suggests the Detroit office move is also a long-term real estate commitment, not a temporary relocation. - The company is positioning its 60-year story around reinvention, not legacy alone.

What's next: - Roncelli says it will keep investing in its people, leadership, workplaces and technology as it pursues the next stage of growth. - The company aims to remain a destination for talent in Detroit and across the region. - Community giving through the Roncelli Family Foundation is expected to continue alongside business expansion.

The bottom line: - Roncelli is turning a milestone anniversary into a broad business upgrade, with ownership, operations and community ties all moving in the same direction.