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
| Nov 25, 2014
Study: 85% of employees dissatisfied with their office environment
A vast majority of office workers feel open floor plans cause multiple distractions and that more private spaces are needed in today's offices, according to a new study by Steelcase and research firm IPSOS.
| Nov 25, 2014
Emerging design and operation strategies for the ambulatory team in transition
As healthcare systems shift their care models to be more responsive to patient-centered care, ambulatory care teams need to be positioned to operate efficiently in their everyday work environments, write CannonDesign Health Practice leaders Tonia Burnette and Mike Pukszta.
| Nov 24, 2014
Midsize construction firms see a brighter business horizon
Uncertainty about government spending clouds an otherwise positive economic outlook among 59 middle market construction firms polled recently by GE Capital.
| Nov 24, 2014
Adrian Smith + Gordon Gill-designed crystalline tower breaks ground in southwestern China
Fitted with an LED façade, the 468-meter Greenland Tower Chengdu will act as a light sculpture for the city of Chengdu.
| Nov 21, 2014
Rental apartment construction soars to 27-year high: WSJ report
The multifamily sector is now outpacing the peak construction rate in the previous housing cycle, in 2006, according to the WSJ.
| Nov 21, 2014
Nonresidential Construction Index rises in fourth quarter
There are a number of reasons for optimism among respondents of FMI's quarterly Nonresidential Construction Index survey, including healthier backlogs and low inflation.
| Nov 21, 2014
NCARB: Number of architects in U.S. grows 1.6% in 2014, surpasses 107,500
The architecture profession continues to grow along with a gradually recovering economy, based on the results of the 2014 Survey of Architectural Registration Boards, conducted by the National Council of Architectural Registration Boards.
| Nov 20, 2014
Lean Led Design: How Building Teams can cut costs, reduce waste in healthcare construction projects
Healthcare organizations are under extreme pressure to reduce costs, writes CBRE Healthcare's Lora Schwartz. Tools like Lean Led Design are helping them cope.
| Nov 19, 2014
The evolution of airport design and construction [infographic]
Safety, consumer demand, and the new economics of flight are three of the major factors shaping how airlines and airport officials are approaching the need for upgrades and renovations, writes Skanska USA's MacAdam Glinn.
| Nov 19, 2014
Construction unemployment hits eight-year low, some states struggle to find qualified labor
The construction industry, whose workforce was decimated during the last recession, is slowly getting back on its feet. However, in certain markets—especially those where oil drilling and production have been prospering—construction workers can still be scarce.
