JFB Construction appoints industry veteran as new chief officer

LANTANA, FL - JFB Construction Holdings (NASDAQ:JFB), a $37 million market cap company specializing in various construction sectors, has announced the appointment of Jesus Rolon as its new Chief Construction Officer, slated to begin on May 5, 2025. The company, which generated $23 million in revenue over the last twelve months, maintains a strong financial position according to InvestingPro data. Rolon, a seasoned professional with over 25 years of experience in the construction industry, has a background in developing quick-service restaurants, retail spaces, health and fitness facilities, and national franchises.

Prior to joining JFB Construction, Rolon served as the director of design and construction at Planet Fitness Corporate, where he managed a capital expenditure budget of $44 million and oversaw the expansion of corporate club locations. His resume also includes a tenure as a senior project manager at Save A Lot Food stores, where he supervised more than 100 construction projects, and a project management role at Specialty Restaurant Development for an Applebee’s franchise.

CEO Joseph F. Basile, III praised Rolon’s extensive experience and bilingual skills, emphasizing his deep understanding of commercial construction and corporate franchise requirements. Basile expressed confidence that Rolon’s expertise would be instrumental in the growth of JFB’s commercial construction division.

Rolon holds a degree in computer-aided drafting and design from the Polytechnic University of Puerto Rico and is a certified draftsman licensed by the Puerto Rico Drafting and Design Licensing Board. He is also a State Certified Building Contractor in Florida.

JFB Construction has a history of residential and commercial projects across 36 U.S. states, priding itself on a strong reputation for quality and client trust, with most of its projects acquired through referrals and repeat customers. InvestingPro analysis reveals the company holds more cash than debt on its balance sheet, with a healthy current ratio of 2.7, indicating strong liquidity to support its operations.

The company’s press release also included forward-looking statements about its future performance and the anticipated contribution of the new Chief Construction Officer to its success. However, it cautioned readers about the inherent risks and uncertainties in such predictions.

This news is based on a press release statement from JFB Construction Holdings.

In other recent news, JFB Construction Holdings has announced a significant new project set to begin in the third quarter of 2025 in Charlotte, North Carolina. The project, named Auto Clubhouse Charlotte, will be the largest commercial construction endeavor in the company’s history. As the prime contractor, JFB Construction will design and build a 103,000 square foot warehouse tailored for car storage, including 42 luxury auto condo bays and an additional 40,000 square foot building for luxury vehicle storage. This development targets affluent automobile enthusiasts with features like customizable garages and a members’ clubhouse. CEO Joseph F. Basile, III emphasized the strategic importance of the general commercial construction division for the company’s growth, particularly in regions experiencing population growth. JFB Construction is also planning additional Auto Clubhouse locations in Dallas, Scottsdale, and Sarasota. The company has a strong reputation for quality, relying on referrals and repeat business for project acquisition across 36 U.S. states. The press release notes that forward-looking statements are subject to risks and uncertainties, cautioning that actual results may vary from expectations.

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