Clark Construction
 | |
| Company type | Private |
|---|---|
| Industry | Construction |
| Founded | 1906 |
| Founder | George Hyman |
| Headquarters | Bethesda, Maryland, U.S. |
Key people | Robert D. Moser, Jr., president and chief executive officer; A. James Clark |
| Services | |
| Revenue | $6.5 billion (2022) |
Number of employees | 4,200 |
| Subsidiaries | |
| Website | www |
Clark Construction, also referred to as Clark Construction Group, LLC, is a construction firm headquartered in McLean, Virginia,[1] and founded in 1906. The company had 2018 annual revenue of more than $5 billion,[2] and is one of the largest commercial and civil contractors in the country.[2] Some projects include Capital One Arena[3] and L'Enfant Plaza.[2]
History
[edit]The company traces its founding to the George Hyman Construction Company, an excavating company, in 1906. Business boomed, as it initially had the only steam shovel in Washington.[4] The company began doing construction work in 1923; its first such contract was with Wheatley Junior High School. The company was involved in numerous military construction projects during World War II.[5]
Hyman died in 1970 and was succeeded by his nephew Benjamin Rome.[5]
In 1969, A. James Clark bought the company from the Hyman family[6] and oversaw major growth including one of its earliest projects L'Enfant Plaza in Washington. Clark formed a separate company in 1977 for non-union projects in the Washington area (Hyman legally could not bid on such projects).[6] In 1995, Clark merged construction companies of Hyman, Shirley Contracting Company, Guy F. Atkinson Construction and OMNI to form Clark Construction.[5]
In 2016, a year after Clark died, firm management bought the company from its parent Clark Enterprises, leaving the parent to concentrate on its private equity, financial and real estate markets.[6]
Subsidiaries
[edit]- Building & Infrastructure Group:
- Clark Construction - general contractor
- Guy F. Atkinson Construction - a heavy civil contractor[7]
- Shirley Contracting Company - a transportation, heavy civil, and site contractor
- C3M Power Systems - a transportation systems contractor[8]
- Clark Civil - a heavy civil contractor
- Clark Concrete - self perform concrete contractor
- Clark Foundations - engineering solutions for excavation support systems
- Clark Water - specializes in water and wastewater projects
- Asset Solutions Group:
- Align Capital Solutions - financing partner
- Altura - building commissioning and smart building consulting services
- Carta - project advisor
- Coda - construction software development and engineering
- Edgemoor Infrastructure & Real Estate - a developer and asset manager of public buildings and infrastructure[9]
- Fractile Studio - BIM and VDC engineering services
- S2N Technology Group - technology solutions design, consulting, and project management services
References
[edit]- ^ Shaw, Dan (11 April 2017). "Findorff picked for Couture project – The Daily Reporter – WI Construction News & Bids". Retrieved 2017-04-12.
- ^ a b c "Clark Construction executives buy out iconic Washington firm". WTOP. 2016-01-14. Retrieved 2017-04-12.
- ^ "Alfred James Clark, founder of Clark Construction, dies - Washington Business Journal". Washington Business Journal. Retrieved 2017-04-12.
- ^ "History of the Clark Construction Group, Inc. – FundingUniverse".
- ^ a b c "About Us - Clark Construction". Retrieved 2023-08-20.
- ^ a b c Niedt, Bob (January 14, 2016). "Management team buys Clark Construction (Video)". Washington Business Journal.
- ^ Graebner, Lynn (November 15, 1998). "Electrifying purchase: Calpine buys Sacramento's Walsh Power". Sacramento Business Journal. Retrieved July 15, 2017.
- ^ "CLARK CONSTRUCTION GROUP LAUNCHES C3M POWER SYSTEMS TO PERFORM WORK IN TRANSPORTATION MARKET". Clark Construction. 2015-02-16. Archived from the original on 2015-03-03.
- ^ Horsley, Lynn (2017-09-08). "Edgemoor touts local jobs as Burns & McDonnell pushes back on KCI rejection | The Kansas City Star". Kansascity.com. Retrieved 2018-02-10.