2001

Within a period of two years, BELFOR has become the market leader in the United States for the repair of fire, water and storm damage. Since entering the market in 1999, BELFOR USA has already acquired a number of medium-sized damage repair firms. With the takeover of the existing US-market leader INRECON LLC in July 2001, BELFOR has accomplished a major coup. INRECON – the name stands for INsurance RECONstruction – has annual sales of $180 million and employs 1,000 staff. Sheldon Yellen is the CEO of Inrecon.