flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

Abbott Construction to join the STO Building Group

Contractors

Abbott Construction to join the STO Building Group

Merger will expand both firms’ geographic reach and services.


By STO Building Group | December 1, 2020

Today Abbott Construction announced that they have merged with STO Building Group to become a member of the STO family of companies. The merger will allow both firms to leverage each other’s geographic reach to better serve clients with multiple locations and enhance the services and areas of expertise they can offer across that expanded footprint.

“We see joining the STO family as an exciting next step in what we can offer our clients and our employees without sacrificing who we are and have been for the past 35-plus years,” says Troy Stedman, president and CEO of Abbott. “We know from first-hand experience working together that our companies value integrity, collaboration, and a client-first way of doing business, so formally joining forces makes perfect sense.”

“From our existing relationship working with Abbott on two significant joint venture projects, we are confident that this merger is a great fit for both companies,” says David Layton, president and CEO of Layton Construction, who Abbott will report through. “And with Layton’s proximity to the Pacific Northwest and existing presence in Southern California, we’re looking forward to helping Abbott grow in those core markets.”

Founded in 1983, Abbott is a West Coast commercial builder known for superior planning and execution. They work with clients in a variety of sectors such as healthcare, hospitality, education, non-profit, retail, and tenant interiors. Some of their most notable recent projects include the Mary Bridge Children’s Hospital and University of Puget Sound Welcome Center in Tacoma, WA; FAA Northwest Mountain Regional Headquarters in Des Moines, WA; Big Fish Games Seattle headquarters, the UCLA Margo Leavin Graduate Art Studios in Culver City, CA, and h. Club Los Angeles.

“The Pacific Northwest has been a key strategic market for the STO Building Group, and Abbott is a terrific addition to our family of companies,” says Robert Mullen, STO Building Group CEO. “By joining forces, both firms can leverage each other’s geographic reach and take advantage of each other’s strengths, relationships, geographies, and resources to better serve our clients across the globe.”

Formerly operating as the Structure Tone Organization, STO restructured as the STO Building Group in 2018 to provide a platform for growth that allows each of its member companies to maintain their cultural identity while leveraging the strengths of a multicompany organization. In the last four years, Canadian firm Govan Brown and US firms Ajax Building Company, BCCI Construction, and Layton Construction have merged with STO Building Group.

“The opportunity to merge with such an incredible firm as Abbott is exactly why we shifted our structure to STO Building Group,” says James Donaghy, STO Building Group executive chairman. “We value the reputation and heritage of the firms who merge with our organization, and each has kept its identity as a way to honor that legacy. As we continue to grow, we want to respect that history, but also reflect the collective expertise our companies offer and allow our employees to benefit from the larger organization’s resources.”

Now part of the STO Building Group family of companies, Abbott will keep its identity, and its current leaders will retain an ownership position in the organization and maintain their roles as the senior leadership team of the business. It is anticipated that new job opportunities will be created as a result of the merger to support the company’s projected growth for 2021 and beyond.

Related Stories

| Sep 17, 2013

Healthcare project will merge outpatient clinic with YMCA to promote wellness and prevention

Penrose-St. Francis Health Services and the YMCA of the Pikes Peak Region announce collaboration, along with developer The Boldt Company, to create next-generation wellness facility.  

| Sep 17, 2013

AIA sees uptick in architecture billings for August

AIA's Architecture Billings Index was 53.8 in August, up from 52.7 the previous month, signaling increased demand for design services nationwide. The West and Northeast regions saw the biggest ABI gains last month. 

| Sep 16, 2013

Does brainstorming work?

The idea-generating process known as brainstorming has come under some intense fire recently. Critics contend that it suspends much-needed criticism and conflict while suppressing the creative ideas of introverts.

| Sep 16, 2013

Forty-three percent of energy leaders will invest more in efficiency next year (infographic)

Forty-three percent of energy leaders say their investment in energy efficiency next year is projected to be more than it was last year, according to survey results released today by Schneider Electric. Twenty-two percent said their projected investment would stay the same, and 10 percent reported their investment would be less than last year.

| Sep 16, 2013

Forty-three percent of energy leaders will invest more in efficiency next year (infographic)

 Forty-three percent of energy leaders say their investment in energy efficiency next year is projected to be more than it was last year, according to survey results released today by Schneider Electric. Twenty-two percent said their projected investment would stay the same, and 10 percent reported their investment would be less than last year.

| Sep 16, 2013

Construction spending hits four-year high in July: AGC report

Total construction spending hit a four-year high in July as private residential and nonresidential activity increased while public spending declined, according to an analysis of new Census Bureau data by the Associated General Contractors of America. Association officials urged lawmakers in Washington to make infrastructure investment a top federal priority before funding runs out at the end of September.

| Sep 13, 2013

Loews Hotels & Resorts announces major cross-portfolio upgrades

Loews Hotels & Resorts is currently in the midst of a major growth and property redesign initiative, reflecting a strong national trend in hospitality renovation. 

| Sep 13, 2013

Video: Arup offers tour of world's first algae-powered building

Dubbed BIQ house, the building features a bright green façade consisting of hollow glass panels filled with algae and water.

| Sep 11, 2013

Inaugural BUILDINGChicago/Greening the Heartland Expo & Conference draws attendees from 27 states

More than 500 attendees from 27 states attended the inaugural BUILDINGChicago/Greening the Heartland Conference, held September 9-11, at the Holiday Inn Chicago Mart Plaza. 

| Sep 10, 2013

The new medical office building: 7 things to know about today’s outpatient clinic

Regulatory pressures, economic constraints, and emerging technologies are transforming healthcare. Learn how Building Teams are responding with efficient, appealing, boundary-blurring outpatient buildings. 

boombox1
boombox2
native1

More In Category




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021