Rhode Island-based Gilbane Building Company, one of the nation’s leading providers of Construction Management and related services, announced today plans to acquire W.G. Mills, Inc., a construction management firm with operations based in Florida. The acquisition will dramatically strengthen Gilbane’s position in Florida’s growing market and complement its already established presence in the southeast.
“The Mills firm is a good fit for Gilbane both geographically and strategically,” says Thomas F. Gilbane, Jr., chairman and CEO. “Both companies are completely focused on client satisfaction and many of the markets we serve overlap. This newest addition to the Gilbane family of services makes us stronger and adds depth to our capabilities.”
The merger of W.G. Mills into Gilbane will leverage Gilbane’s national knowledge base, financial depth and employee training to enable the Mills operations to deliver even larger and more sophisticated projects to its broad Florida client base.
W.G. Mills is a major player in the state of Florida with seven offices and enjoys a reputation for exceeding clients’ expectations. With 155 employees and annual revenue of $250 million, the firm is active in a variety of construction sectors, including educational facilities, commercial, retail, health care, hospitality, and recreational facilities. Offering all types of delivery approaches over the past 38 years, W.G Mills has achieved significant growth in the Florida region in large part due to a repeat client-base.
“We began working with Gilbane as a joint venture partner and recognized right away that our companies were a perfect fit. We are both privately owned and both have an intense focus on taking care of our customers,” says Lemuel Sharp III, President of W.G. Mills. “For us, it’s all about people and forming deep client relationships, and Gilbane shares these same values.”
W.G. Mills, Inc. will become an integrated part of Gilbane’s current operations, serving as the company’s Florida region and operating under the name Mills Gilbane. The W.G. Mills management team will remain in place, with Sharp becoming Senior Vice President and Regional Manager of Gilbane’s new Florida regional office. The acquisition is expected to be complete December 1, 2010, subject to satisfactory completion of due diligence currently in progress.
About Gilbane Building Company
Gilbane Building Company provides a full slate of construction and facilities-related services –from sustainable building to the latest in construction technology – for clients across various markets. Founded in 1873 and still a privately held, family-run company, Gilbane has more than 40 office locations across the country and an international presence through its subsidiary, Innovative Technology Solutions, Inc. (ITSI). Acquired by Gilbane in August 2010, ITSI is an international, award-winning, design-build infrastructure and environmental solutions firm focused on Department of Defense and Department of Energy work. For more information, visit http://www.gilbaneco.comhttp://www.gilbaneco.com.
Related Stories
Adaptive Reuse | Mar 26, 2024
Adaptive Reuse Scorecard released to help developers assess project viability
Lamar Johnson Collaborative announced the debut of the firm’s Adaptive Reuse Scorecard, a proprietary methodology to quickly analyze the viability of converting buildings to other uses.
Security and Life Safety | Mar 26, 2024
Safeguarding our schools: Strategies to protect students and keep campuses safe
HMC Architects' PreK-12 Principal in Charge, Sherry Sajadpour, shares insights from school security experts and advisors on PreK-12 design strategies.
Green | Mar 25, 2024
Zero-carbon multifamily development designed for transactive energy
Living EmPower House, which is set to be the first zero-carbon, replicable, and equitable multifamily development designed for transactive energy, recently was awarded a $9 million Next EPIC Grant Construction Loan from the State of California.
Museums | Mar 25, 2024
Chrysler Museum of Art’s newly expanded Perry Glass Studio will display the art of glassmaking
In Norfolk, Va., the Chrysler Museum of Art’s Perry Glass Studio, an educational facility for glassmaking, will open a new addition in May. That will be followed by a renovation of the existing building scheduled for completion in December.
Sustainability | Mar 21, 2024
World’s first TRUE-certified building project completed in California
GENESIS Marina, an expansive laboratory and office campus in Brisbane, Calif., is the world’s first Total Resource Use and Efficiency (TRUE)-certified construction endeavor. The certification recognizes projects that achieve outstanding levels of resource efficiency through waste reduction, reuse, and recycling practices.
Office Buildings | Mar 21, 2024
Corporate carbon reduction pledges will have big impact on office market
Corporate carbon reduction commitments will have a significant impact on office leasing over the next few years. Businesses that have pledged to reduce their organization’s impact on climate change must ensure their next lease allows them to show material progress on their goals, according to a report by JLL.
Adaptive Reuse | Mar 21, 2024
Massachusetts launches program to spur office-to-residential conversions statewide
Massachusetts Gov. Maura Healey recently launched a program to help cities across the state identify underused office buildings that are best suited for residential conversions.
Legislation | Mar 21, 2024
Bill would mandate solar panels on public buildings in New York City
A recently introduced bill in the New York City Council would mandate solar panel installations on the roofs of all city-owned buildings. The legislation would require 100 MW of solar photovoltaic systems be installed on public buildings by the end of 2025.
Office Buildings | Mar 21, 2024
BOMA updates floor measurement standard for office buildings
The Building Owners and Managers Association (BOMA) International has released its latest floor measurement standard for office buildings, BOMA 2024 for Office Buildings – ANSI/BOMA Z65.1-2024.