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
| May 16, 2014
Toyo Ito leads petition to scrap Zaha Hadid's 2020 Olympic Stadium project
Ito and other Japanese architects cite excessive costs, massive size, and the project's potentially negative impact on surrounding public spaces as reasons for nixing Hadid's plan.
| May 15, 2014
Paints, coatings, and sealants: 10 new ways to seal the deal
Color-shifting finishes, dry-erase surfaces, and stain-blocking paints are highlighted in this round up of new offerings in paints, coatings, sealants, and finishes.
| May 15, 2014
Biking to work up by 60 percent, according to Census Bureau report
Many U.S. cities are seeing an increase in bicycle commuters, according to new a U.S. Census Bureau report. While bicyclists still account for just 0.6% of all commuters, some of the nation's largest cities have more than doubled their rates since 2000.
| May 15, 2014
'Virtually indestructible': Utah architect applies thin-shell dome concept for safer schools
At $94 a square foot and "virtually indestructible," some school districts in Utah are opting to build concrete dome schools in lieu of traditional structures.
| May 15, 2014
First look: 9/11 Memorial Museum opens to first-responders, survivors, 9/11 families [slideshow]
The 110,000-sf museum is filled with monumental artifacts from the tragedy and exhibits that honor the lives of every victim of the 2001 and 1993 attacks.
| May 14, 2014
New study shows employees aren't happier working in green buildings
People working in buildings certified under LEED’s green building standard appear no more satisfied with their workplace environments than those in conventional buildings, according to new research from the University of California, Berkeley, and the University of Nottingham.
| May 14, 2014
Construction growth looking up: Gilbane Spring 2014 Economic Report
Construction spending for 2014 should finish 6.6% higher than in 2013, with nonresidential work contributing substantially.
| May 14, 2014
Prefab payback: Mortenson quantifies cost and schedule savings from prefabrication techniques
Value-based cost-benefit analysis of prefab approaches on the firm's 360-bed Exempla Saint Joseph Heritage Project shows significant savings for the Building Team.
| May 13, 2014
First look: Nadel's $1.5 billion Dalian, China, Sports Center
In addition to five major sports venues, the Dalian Sports Center includes a 30-story, 440-room, 5-star Kempinski full-service hotel and conference center and a 40,500-square-meter athletes’ training facility and office building.
| May 13, 2014
Drexel University case study report: Green Globes cheaper, faster than LEED
GBI’s Green Globes certification process is significantly less expensive to conduct and faster to complete than LEED certification, says Drexel prof.
