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Clark Construction

From Wikipedia, the free encyclopedia
Clark Construction Group, LLC
Company typePrivate
IndustryConstruction
Founded1906; 118 years ago (1906)
FounderGeorge Hyman
HeadquartersBethesda, 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
Websitewww.clarkgroup.com

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

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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

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References

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  1. ^ Shaw, Dan (11 April 2017). "Findorff picked for Couture project – The Daily Reporter – WI Construction News & Bids". Retrieved 2017-04-12.
  2. ^ a b c "Clark Construction executives buy out iconic Washington firm". WTOP. 2016-01-14. Retrieved 2017-04-12.
  3. ^ "Alfred James Clark, founder of Clark Construction, dies - Washington Business Journal". Washington Business Journal. Retrieved 2017-04-12.
  4. ^ "History of the Clark Construction Group, Inc. – FundingUniverse".
  5. ^ a b c "About Us - Clark Construction". Retrieved 2023-08-20.
  6. ^ a b c Niedt, Bob (January 14, 2016). "Management team buys Clark Construction (Video)". Washington Business Journal.
  7. ^ Graebner, Lynn (November 15, 1998). "Electrifying purchase: Calpine buys Sacramento's Walsh Power". Sacramento Business Journal. Retrieved July 15, 2017.
  8. ^ "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.
  9. ^ 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.
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