WICHITA — Key Construction laid off seven of its 110 employees in Wichita last week, including four assistant project managers and three clerical workers.
"We've got a couple of projects wrapping up," says chief financial officer John Walker.
There are some new projects on the horizon, he says, "But not as soon as we'd like."
Financing and getting commitments take longer than in the past.
"Everything takes a little bit longer to start right now," Walker says.
About a month ago, Key laid off five of its 26 workers in its Dallas-Fort Worth office.
Walker says that area is much harder hit.
"We have so many opportunities down in that office that we don't have in other markets, but you still have to adjust to the amount of work that you have and that you're going to get."
Key has a total of 175 employees.
"There's a lot of good things happening," Walker says. "We just need them to happen faster."