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They join the Exchange to obtain quality services for their businesses and their employees, to access industry education, to develop professional relationships and to create a strong, unified industry.
The Builders Exchange was founded on October 13, 1892 by 17 men from the Columbus construction industry. Originally called "The Builders and Traders Exchange of the City of Columbus," the organization set up offices at the brand-new Board of Trade Building at 30 E. Broad St. (where the James A. Rhodes State Office Tower is today). The founders of the Builders and Traders Exchange wanted to improve communication among the many disciplines and trades which made up the building industry. In 1892, Columbus businesses had few phones and no automobiles or delivery services. But architects needed to circulate new project plans among contractors. Contractors needed access to these drawings to formulate a competitive bid. Subcontractors and suppliers needed to reach bidders with their own prices. All the professions in the industry came together every day at the Builders and Traders Exchange for the "Change Hour," where lunch was served for a nickel and business was done on a handshake. More than a century later, communication is still the basis for BX services and the Exchange still provides the opportunities for business professionals to meet and network. In the 1990s, the Builders Exchange created a Strategic Plan to identify and focus on its role in the commercial construction industry. The Strategic Plan includes goals and strategies that will be executed over a series of planning horizons, ranging from three to ten years out. The plan is reviewed and revised annually by the BX board of directors, to address questions including:
The major components of the Strategic Plan include a mission statement, core purpose, core values, a 10-year goal and several 3- to 5-year goals. They are:
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