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
| Jan 16, 2012
Suffolk completes construction on progressive operating suite
5,700 square-foot operating suite to be test bed for next generation of imaged-guided operating techniques.
| Jan 15, 2012
Hollister Construction Services oversees interior office fit-out for Harding Loevner
The work includes constructing open space areas, new conference, trading and training rooms, along with multiple kitchenettes.
| Jan 15, 2012
Smith Consulting Architects designs Flower Hill Promenade expansion in Del Mar, Calif.
The $22 million expansion includes a 75,000-square-foot, two-story retail/office building and a 397-car parking structure, along with parking and circulation improvements and new landscaping throughout.
| Jan 15, 2012
535 Madison Avenue achieves LEED Gold certification
Class-A commercial building meets sustainability requirements of LEED Program.
| Jan 12, 2012
CSHQA receives AIA Northwest & Pacific Region Merit Award for Idaho State Capitol restoration
After a century of service, use, and countless modifications which eroded the historical character of the building and grounds, the restoration brought the 200,000-sf building back to its former grandeur by restoring historical elements, preserving existing materials, and rehabilitating spaces for contemporary uses.
| Jan 12, 2012
Stellar earns construction industry's most prestigious safety award
Now widely accepted as the construction industry's standard measure of safety performance, the STEP awards were established in 1989 to evaluate and improve safety practices and recognize outstanding safety efforts.
| Jan 12, 2012
Building independence: New take on female power
Memoir explores historic engineering project, women's empowerment era.
| Jan 12, 2012
3M takes part in Better Buildings Challenge
As a partner in the challenge, 3M has committed to reduce energy use by 25% in 78 of its plants, encompassing nearly 38 million-sf of building space.
| Jan 11, 2012
DOE announces guide for 50% more energy efficient retail buildings
The 50% AEDG series provides a practical approach for designers and builders of retail stores, and other major commercial building types, to achieve 50% energy savings compared to the building energy code used in many parts of the nation.
| Jan 11, 2012
Mortenson starts construction of Rim Rock Wind Project
Renewable energy contractor to build 189-megawatt wind project in Sunburst, Mont.