DPR Construction, a national builder specializing in complex and sustainable projects, announced today its purchase of Atlanta-based Hardin Construction Company, LLC. The two companies are combining operations in the Southeast and Texas markets, including Atlanta, Austin, Houston, Raleigh, Tampa, Orlando and West Palm Beach. The combined company will operate nationally as DPR Construction, with the exception of Atlanta where it will operate as DPR Hardin Construction.
“We’re excited to add such a great company of builders to our organization. We’ve always had tremendous respect for Hardin and share a common approach to business, particularly our commitment to customers, our people and core company values,” said Doug Woods, co-founder and president of DPR. “Together, we are even stronger, particularly in the Southeast, a geography that offers significant growth potential.
“Hardin is a good fit for DPR. We share ideals and beliefs, we are both active in the communities in which we operate, and, most of all, we both care a great deal about our people and moving the industry forward,” said Brantley Barrow, who has served as Chairman of Hardin since 1979 and, along with retiring President, Bill Pinto, will assume supporting roles throughout the Southeast.
Russ Brockelbank, an Atlanta-native and a 15-plus-year Hardin veteran, will continue to be responsible for day-to-day Atlanta operations for DPR Hardin Construction. “We’re excited about what this deal means for our customers and employees. Now, our presence is stronger, our roots run even deeper, and our experience is unmatched in the marketplace.”
The newly-combined company will have seven offices and more than 500 professional staff and craft employees throughout the Southeast and Texas, with a projected 2013 revenue exceeding $800 million. Operating as a “local builder with national capabilities,” DPR will have 18 offices nationally, with nearly 3,000 professional staff and craft employees and a projected 2013 revenue of $2.8 billion. The company will continue to focus on its core markets and building complex and sustainable projects.
Both companies are privately held and terms of the agreement will not be disclosed. Hardin projects currently under construction will be completed as Hardin Construction, including joint venture projects.
About DPR Construction
DPR Construction is a forward-thinking national general contractor and construction manager specializing in technically complex and sustainable projects for the advanced technology/mission critical, life sciences, healthcare, higher education and corporate office markets. Founded in 1990, DPR is a privately held, employee-owned company that has grown to a multi-billion-dollar organization with 18 offices around the country, including Atlanta, Austin, Texas, Denver, Houston, Newport Beach, Calif., Orlando, Fla., Pasadena, Calif., Phoenix, Raleigh, N.C., Redwood City, Calif., Richmond, Va., Sacramento, Calif., San Diego, San Francisco, San Jose, Calif., Tampa, Fla., Washington D.C. and West Palm Beach, Fla. It is currently ranked No. 15 on FORTUNE’s “100 Best Companies to Work For” list (2013). For more information, visit http://www.dpr.com.
Related Stories
| Sep 17, 2013
SMPS Foundation announces new business development research book
The SMPS Foundation has released its latest research book, A/E/C BUSINESS DEVELOPMENT – The Decade Ahead.
| 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.
