flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

IMEG Corp. acquires Clark Engineering

Market Data

IMEG Corp. acquires Clark Engineering

Founded in 1938 in Minneapolis, Clark Engineering has an extensive history of public and private project experience.


By IMEG | February 4, 2020

Clark Engineering of Minneapolis and South Dakota has joined IMEG Corp., a national full-service engineering firm with nearly 50 U.S. locations.

Founded in 1938 in Minneapolis, Clark Engineering has an extensive history of public and private project experience. The firm provides civil and structural design, landscape architecture, land surveying, and environmental services in a variety of market sectors nationwide and abroad. In addition to Minneapolis, the firm has locations in Sioux Falls, Aberdeen, Huron, Pierre, and Watertown, S.D.

"Clark Engineering is a highly respected firm and we are excited to have them join our company," said IMEG President/CEO Paul VanDuyne. “Their strong and diverse client base is a testament to their technical expertise and customer-based focus – two vital characteristics that match IMEG’s own priorities.” VanDuyne added that Clark’s civil and structural capabilities complement IMEG’s existing MEP capabilities from its 2018 acquisition of Minnesota-based LKPB Engineers. “This enables us to now offer full engineering services in the Minneapolis marketplace,” he said.

Dr. Abi Assadi, P.E., Clark Engineering CEO and president, said his firm is looking forward to being part of IMEG’s growing national presence and breadth of disciplines. “By combining both firms’ civil and structural building expertise, along with IMEG’s experience in multiple national markets, we’re creating a strong synergy for future growth,” he said. “This acquisition also enhances the expertise and value we bring to our clients.”

The firm joined IMEG Jan. 31, and is doing business as Clark Engineering, now IMEG. It will continue to operate out of its existing locations.

Related Stories

K-12 Schools | Feb 29, 2024

Average age of U.S. school buildings is just under 50 years

The average age of a main instructional school building in the United States is 49 years, according to a survey by the National Center for Education Statistics (NCES). About 38% of schools were built before 1970. Roughly half of the schools surveyed have undergone a major building renovation or addition.

MFPRO+ Research | Feb 27, 2024

Most competitive rental markets of early 2024

The U.S. rental market in early 2024 is moderately competitive, with apartments taking an average of 41 days to find tenants, according to the latest RentCafe Market Competitivity Report.

Construction Costs | Feb 22, 2024

K-12 school construction costs for 2024

Data from Gordian breaks down the average cost per square foot for four different types of K-12 school buildings (elementary schools, junior high schools, high schools, and vocational schools) across 10 U.S. cities.

Student Housing | Feb 21, 2024

Student housing preleasing continues to grow at record pace

Student housing preleasing continues to be robust even as rent growth has decelerated, according to the latest Yardi Matrix National Student Housing Report.

Architects | Feb 21, 2024

Architecture Billings Index remains in 'declining billings' state in January 2024

Architecture firm billings remained soft entering into 2024, with an AIA/Deltek Architecture Billings Index (ABI) score of 46.2 in January. Any score below 50.0 indicates decreasing business conditions.

Multifamily Housing | Feb 14, 2024

Multifamily rent remains flat at $1,710 in January

The multifamily market was stable at the start of 2024, despite the pressure of a supply boom in some markets, according to the latest Yardi Matrix National Multifamily Report.

Student Housing | Feb 13, 2024

Student housing market expected to improve in 2024

The past year has brought tough times for student housing investment sales due to unfavorable debt markets. However, 2024 offers a brighter outlook if debt conditions improve as predicted.

Contractors | Feb 13, 2024

The average U.S. contractor has 8.4 months worth of construction work in the pipeline, as of January 2024

Associated Builders and Contractors reported today that its Construction Backlog Indicator declined to 8.4 months in January, according to an ABC member survey conducted from Jan. 22 to Feb. 4. The reading is down 0.6 months from January 2023.

Industry Research | Feb 8, 2024

New multifamily development in 2023 exceeded expectations

Despite a problematic financing environment, 2023 multifamily construction starts held up “remarkably well” according to the latest Yardi Matrix report.

Market Data | Feb 7, 2024

New download: BD+C's February 2024 Market Intelligence Report

Building Design+Construction's monthly Market Intelligence Report offers a snapshot of the health of the U.S. building construction industry, including the commercial, multifamily, institutional, and industrial building sectors. This report tracks the latest metrics related to construction spending, demand for design services, contractor backlogs, and material price trends.

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