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
| Dec 9, 2013
ULI: Real estate market in 2014 will be 'recovering from the recovery'
The U.S. commercial real estate market is gradually “recovering from the recovery” and will “gain momentum” in 2014, according to ULI CEO Patrick L. Phillips.
| Dec 9, 2013
What is life cycle cost optioneering?
Life cycle cost optioneering is a way of assessing alternative design options, analyzing their long-term capital and operational costs to identify those with the lowest price tag, over the entire life cycle.
| Dec 6, 2013
French concert hall includes integrated musical elements [VIDEO]
La Métaphone, a concert hall in Ognies, France, is a 1,980-sm facility with the unique characteristic of being a structural musical instrument. The solar-powered building incorporates musical elements in its walls, which can be played by musicians inside or outside the facility.
| Dec 5, 2013
Exclusive BD+C survey shows reaction to Sandy Hook tragedy
More than 60% of AEC professionals surveyed by BD+C said their firms experienced heightened interest in security measures from school districts they worked with.
| Dec 4, 2013
First look: Dubai's winning bid for World Expo 2020 [slideshow]
Dubai has been chosen as the site of the 2020 World Expo. HOK led the design team that developed the master plan for the Expo, which is expected to draw more than 25 million visitors from October 2020 through April 2021.
| Dec 3, 2013
‘BIM for all’ platform pays off for contractor
Construction giant JE Dunn is saving millions in cost avoidances by implementing a custom, cloud-based BIM/VDC collaboration platform.
| Dec 3, 2013
Historic Daytona International Speedway undergoing $400 million facelift
The Daytona International Speedway is zooming ahead on the largest renovation in the Florida venue’s 54-year history. Improvements include five redesigned guest entrances, an extended grandstand with 101,000 new seats, and more than 60 new trackside suites for corporate entertaining.
| Dec 3, 2013
Creating a healthcare capital project plan: The truth behind the numbers
When setting up a capital project plan, it's one thing to have the data, but quite another to have the knowledge of the process.
| Dec 3, 2013
Architects urge government to reform design-build contracting process
Current federal contracting laws are discouraging talented architects from competing for federal contracts, depriving government and, by inference, taxpayers of the best design expertise available, according to AIA testimony presented today on Capitol Hill.
| Dec 3, 2013
Construction spending hits four-year peak after rare spike in public outlays
An unusual surge in public construction in October pushed total construction spending to its highest level since May 2009 despite a dip in both private residential and nonresidential activity.