Posted on in Columns/Finance

Planning ESOPS for Construction and Real Estate Firms

By Thomas H. Mug Maybe it’s the preservation of a legacy, perhaps it’s the conclusion of thoughtful succession planning, or it might be a desire to motivate employees and enhance corporate performance … for whatever reason, the construction and real estate industry is increasingly embracing employee stock ownership plans (ESOP). Indeed, this publication documented the… Keep Reading

Posted on in Companies

Korte Company Begins Construction On UNLV Student Housing Project

The Korte Company was selected as the General Contractor for a 377,000 square foot student housing apartment complex on the campus of University of Nevada, Las Vegas. The 758-bed property, to be known as The Degree is the first phase of a three-phase $76 million redevelopment project called U District, headed by local developer, The… Keep Reading

Posted on in Associations

SITE Improvement Association Reaches 50 Year Milestone of Service to St. Louis Construction Industry

The SITE Improvement Association has reached its 50 year milestone of providing successful labor negotiation, safety training and government relations services to the St. Louis area construction industry.  Begun in 1966 when three construction contractor specialty associations came together on behalf of their members to negotiate labor agreements, today SITE has four full time employees… Keep Reading

Posted on in Companies

Breckenridge Material Company’s Parent Completes Aggregate Acquisition

Marking the ninth construction material acquisition completed in the last six years BMC Enterprises, Inc., the parent of St. Louis based Breckenridge Material Company, has completed the acquisition of Lincoln County Sand & Gravel. The acquired assets will immediately increase BMC Enterprises aggregate production and will strategically provide long term access to a significant natural… Keep Reading

Posted on in People

Professional Installers, Inc. Hires Steve Giacin as New President and Chief Operating Officer

Former President of Kaiser Electric and the American Subcontractors Association – Midwest Council, Steve Giacin has joined Professional Installers, Inc. (PI) as its new President and Chief Operating Officer. PI founder, Aubrey Kimberling, has assumed the position of Chairman of the Board and CEO. Located in Maryland Heights, MO, Professional Installers, was established in 1984… Keep Reading

Posted on in Companies

The Hicor Group To Renovate And Relocate Headquarters To Historic Washington Avenue Residence

The Hicor Group, a minority certified (MBE) General Contractor in St. Louis, today announced plans to renovate a historically significant 7000 square foot residence at 3201 Washington Avenue and relocate its headquarters to the building this Fall.  Renovation of the former Bronson Residence, a 131-year-old Late Victorian house listed on the National Historic Register, will… Keep Reading

Posted on in Associations

Lessons Learned from Award Winning Sustainable Design Projects

High-performance and passive design practices are being applied to projects of all types, scales and budgets In order to examine how the architectural community is evolving in regards to sustainable design practices, the American Institute of Architects (AIA) Committee on the Environment (COTE) undertook an in-depth study of nearly 200 COTE Top Ten Award winning… Keep Reading

Posted on in News

Information Technology Firm Marks 15 Years Serving St. Louis Area Businesses

Dedication to Quality, Understanding Client Needs Highlight TDK Growth and Innovation TDK Technologies, the St. Louis Information Technology consulting firm that has received national and regional recognition for growth and innovation, marks 15 years serving the technology and management services needs of St. Louis area customers. TDK opened for business April 4, 2001 and was recently named by the St. Louis Business Journal… Keep Reading

Posted on in Companies

NAI DESCO Relocating Headquarters Within Clayton

Firm More Than Doubles Office Space to 15,000SF; Launches Third-Party Asset Management Division Commercial real estate firm NAI DESCO is relocating its headquarters within Clayton to greatly expanded offices on the top (19th) floor of the 101 S. Hanley Building. In conjunction with the move, the firm is also launching a third-party asset management division… Keep Reading

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