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Serving the A/E/C Industry

Helix Electric, LLC CEO Victor Fuchs Discusses State of Construction in Nevada

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Courtesy of Helix Electric

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Electrical contracting firm Helix Electric, LLC looks to continue its success in 2026 by providing and creating opportunities, giving back to the community and maintaining its positive relationship with industry-wide partners.

NVBEX sat down with Victor Fuchs, President & CEO of Helix Electric, LLC for an exclusive interview. Fuchs discussed his journey from being an immigrant to becoming President and CEO of one of the largest electrical contracting firms in Nevada and Utah; Helix Electric’s role in the Southwest, and his outlook on the shape of the market leading into 2026.

Success in the Land of Opportunity

Fuchs was born in Ukraine before moving to the United States as a teenager. He came with his family to San Diego, Calif., where he received his bachelor’s degree in biology from the University of California, San Diego. He later joined Helix Electric in 1987 as a Project Manager.

Fuchs moved to Las Vegas in 1995 to manage Helix Electric’s regional operations in the area. Fuchs founded Helix Electric, LLC, Nevada’s sister branch of Helix Electric, in 2001.

Since then, the electrical contractor has grown to be one of the largest in the region. It officially made its move to the Northern Nevada market in 2015, where it has maintained an ever-growing presence in Reno. In 2019, the company further expanded to Utah.

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Courtesy of Helix Electric

Focus on Workforce Development

Helix Electric takes pride in the way it treats its employees and in providing opportunities for growth. Throughout all three of its branches, the company offers Helix University, a four-year program to provide hands-on training to the workforce of tomorrow.

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Courtesy of Helix Electric

The program, which is partnered with the Associated Builders and Contractors apprenticeship program, boasts three full-time instructors.

Fuchs believes providing a strong training platform benefits both Helix Electric workers and the overall community. Due to the inherent danger of being an electrical contractor, Helix Electric ensures its staff has the depth and ability to be as safe, knowledgeable and efficient as possible.

To further facilitate strong safety practices, the company has a safety director and five safety compliance officers who travel to different worksites to ensure workers are protected.

Helix Electric also believes in “second chance employment,” or, as Fuchs put it, “the boomerang.” Essentially, Helix always has its arms open to former employees.

Helix Electric is aware that as people’s lives continue to change and evolve, they may need to seek other opportunities. If a former employee is ever drawn back to the company, they are met with acceptance and understanding. Fuchs knows well the satisfaction of having an employee return saying that some of the boomerang employees are his best when they return, now that they know what it is like to work at other firms.

2025 Recap

Fuchs discussed Helix’s performance in 2025, as well as the state of Nevada’s economy. He said the market has continued along the path set in 2024. Companywide revenues have stayed at a similar rate. Data center revenues, however, have continued to increase as a share of the business.

He also touched on concerns surrounding a “less vibrant” commercial market. Multifamily work has also begun to flatten due to the increased supply. Additionally, Fuchs has seen less work on the public side, particularly in schools.

Fuchs believes the market is still recalibrating after the pandemic, and there are still underlying economic effects that may not be overwhelmingly apparent.

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Courtesy of Helix Electric
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Courtesy of Helix Electric

He also pointed to some positive trends in the region, such as the increased number of entertainment-related projects. He used the example of the A’s stadium. Even though Helix is not on the project, he believes large-scale developments benefit the greater construction sector. Mega projects generally result in an increased number of regional opportunities, which is ultimately good for everyone.

Paying it Forward

The well-being of the region is of high importance to Helix Electric and Fuchs personally. Helix believes the community takes care of the company; therefore, the company is obligated to give back to the community.

The day of the interview, Fuchs and other Helix employees woke up bright and early to participate in a community toy drive at six in the morning. In an effort to make sure every kid has something to open on Christmas, Helix donated 140 bikes, more than 2,000 toys and $1K in cash.

Every year, Helix arranges two charity-focused golf tournaments. Money raised from the tournaments is donated to charities selected by company employees.

For example, Helix has donated to the Hope for Prisoners program. The program creates rehabilitation opportunities for incarcerated individuals. This pairs well with Fuchs’ belief that everyone deserves a second chance, as it allows people to form their own destiny and support themselves, their families and their community.

Challenges

Providing opportunities to incarcerated individuals not only improves those individuals’ lives, but it also impacts the greater region. As an electrical contractor, Helix has been at the forefront of seeing fewer new workers entering the trades.

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Courtesy of Helix Electric

This has, over time, resulted in a strained supply of individuals ready to work. To combat this, Helix has continued to position itself in a way to prove that working in the trades can be a reliable and respectable way to make a living. Helix optimizes every opportunity it has to add new team members by providing proper training.

An additional challenge Fuchs faced is learning when to say no to jobs and opportunities. No company has unlimited resources, and Helix must protect its workers by only accepting and chasing the right jobs.

Differences in Location

As Helix operates in Northern Nevada, Southern Nevada and Utah, it must balance how it approaches different projects in the different regions.

The most apparent difference is the climate. The colder climate in Northern Nevada can prevent work carrying through the winter, while the warmer climate found in Southern Nevada allows for year-round work. This is just one of the factors that contribute to an elevated pace of work in Southern Nevada.

Southern Nevada’s fast work pace is also affected by the nature of casinos and entertainment projects in general. The hospitality and entertainment industries constantly have to offer new experiences; therefore, new projects are always in the works.

To quantify the difference in pace, Fuchs said projects in Northern Nevada typically take 1.5 times as long as projects in Southern Nevada. The slower pace of work in the north can also drive prices up. Additionally, Northern Nevada has a higher cost of living, which is particularly seen in housing developments.

Upcoming Projects

Fuchs is highly optimistic about Northern Nevada as a region and is actively part of bringing exciting new projects to the region. For example, Helix is working on one of the largest projects Reno has seen in the last three decades: the Grand Sierra Resort Arena.

EDITOR’S NOTE: BEX has provided extensive coverage on the GSR Arena and its prospective impact on the community. To read more, click here.

Other notable projects in Northern Nevada include various data centers. Helix is also working on high profile projects in Southern Nevada, such as a future high rise coming to Symphony Park.

2026 Outlook

Fuchs believes 2026 will hold more region-wide opportunities. First, he discussed expectations that K-12 and multifamily opportunities will continue to increase. Schools are constantly in need, and the market clearly needs to catch up in terms of housing supply.

He also believes data centers will continue to expand in the region. Hotel remodels will continue to happen as well. More specifically, Fuchs believes medium-sized hotels near the Strip will see an increase in work.

Finally, Fuchs is confident Nevada will continue to expand outside of Las Vegas. He pointed to Mesquite and Pahrump as two places to pay attention to.

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Courtesy of Helix Electric

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Mark Hobaica

Mark Hobaica

Executive Vice President

Core Construction

Since 2019, as CORE Construction’s Executive Vice President for Nevada, Mark ensures every client CORE serves receives the highest level of personalized care for every project. Mark’s passion is client Trust. He cares deeply about CORE’s reputation, partnerships and providing the highest quality and services, as well as most honest and best value possible. He has worked in the Las Vegas Valley and for the Public Works sector for nearly 35 years. He began as an owner in a local architectural firm designing and overseeing projects for Public Works clients for nearly 12 years. He clearly understands the expectations of the public sector, as he then directed numerous projects for over 16 years as the City Architect for the City of Henderson. His focus has always been delivering projects using CMAR or Construction Manager at Risk as he has implemented dozens of projects with his trusted approach, while always involving every stakeholder to ensure each individual receives the highest level of services expected.