Financial Strength
Financial Strength
The Walsh Group carefully manages its workload to minimize financial risk, never undertaking a contract without the proper resources to guarantee its absolute success; the firm invests in and maintains capital resources, including a corporate equipment fleet valued at over $450 Million. The Walsh Group’s business model has been to pursue work experience spanning nearly every conceivable sector of construction work, and this unique diversity ensures our strength. The Walsh Group has a long history and maintains an excellent relationship with Travelers Casualty and Surety Company of America as the company’s bonding company and Bank of America, N.A. as their primary bank. The firm holds a Dun & Bradstreet rating of 5A3, including a Financial Stress Class rating of 1, indicating low risk of severe financial stress in the coming years.
A WORD FROM OUR BONDING COMPANY
Travelers Casualty and Surety Company of America, a member of the Travelers Group, is the surety company for The Walsh Group, Ltd. and their subsidiary companies, Walsh Construction and Archer Western. As such we are very familiar with the operations of The Walsh Group Ltd. (Walsh) and do not hesitate to recommend them as a well-financed, well-run construction organization. Our relationship with Walsh exceeds 60 years and we consider them to be a very valuable client whom we hold in the highest regard. Walsh has been very successful on a consistent basis and the experience of this firm, its competent personnel and its excellent financial rating have made the handling of its bonding requirements relatively simple.
We have written hundreds of bonds for Walsh on contracts ranging from a few thousand dollars to over $300 million and Walsh has consistently performed its obligations with respect to any bond written during our 60-year relationship. We fully expect our relationship with Walsh to continue for many years into the future.
BONDING COMPANY REFERENCE
Travelers Casualty and Surety Company of America
Bond Department - Construction Services
One Tower Square 2S1
Hartford, CT 06183
BANKING COMPANY REFERENCE
Bank of America
135 S. LaSalle Street
Chicago, Illinois 60603