Oscar C. Boldt, the third-generation leader of The Boldt Company, the Wisconsin-based general contractor with 14 offices across the U.S., passed away June 9 from natural causes at the age of 96.
Boldt, known to friends and business associates as O.C., had been with the company his grandfather, Martin, founded in 1889 for 72 years. Over more than half a century, Boldt transformed a family business that once teetered on the verge of bankruptcy into one of the country’s largest construction firms that generates around $1 billion in annual revenue and employs 2,000 workers.
“Oscar built a business based on honesty, and fairness, hard work, performance and a passionate love for construction,” said President and COO Dave Kievet. “These are principles that guide our team members on a daily basis and are the foundation of our culture.”
Boldt’s son Tom, the company’s CEO, who with his mother, Pat, was at his father’s side when he died, noted that Oscar maintained a deep connection with the organization. “He loved the company and the positive impact it has had on so many customers and communities. He was excited about what we will be capable of in the future. And, he wanted us to have fun doing it.”
NOTED PHILANTHROPIST
A graduate of the University of Wisconsin-Madison, where he earned a civil engineering degree, Boldt served as a B-24 navigator in the Air Force during World War II. After the war, he joined the company, and assumed its leadership reins from his father, Oscar J. Boldt, in 1950.
During his tenure, The Boldt Company, headquartered in Appleton, Wis., built many local landmarks, including the Fox Cities Performing Arts Center, and multiple healthcare facilities.
Aside from his business achievements, Boldt was a philanthropist. According to local news reports, he and his wife—who married in July 1949—regularly donated half of his annual income to church, charities, colleges, and local arts organization. They also served on numerous nonprofit boards, including the Appleton Medical Center.
Boldt’s accolades include honorary degrees from Ripon College and Lawrence University, and a Distinguished Contractor Award from the American Society of Civil Engineers. In 2000 he was inducted into the Paper Industry International Hall of Fame.
The family is planning a private funeral and memorial service for a later date.
Related Stories
Giants 400 | Aug 28, 2020
2020 Giants 400 Report: Ranking the nation's largest architecture, engineering, and construction firms
The 2020 Giants 400 Report features more than 130 rankings across 25 building sectors and specialty categories.
Architects | Aug 27, 2020
Strategically planning your firm past the COVID-19 pandemic
As AEC firm leaders consider worst-case scenarios and explore possible solutions to surmount them, they learn to become nimble, quick, and ready to pivot as circumstances demand.
Digital Twin | Aug 27, 2020
The Weekly show: Digital twin technology and social equity in the AEC market
The August 27 episode of BD+C's "The Weekly" is available for viewing on demand.
Coronavirus | Aug 25, 2020
Video: 5 building sectors to watch amid COVID-19
RCLCO's Brad Hunter reveals the winners and non-winners of the U.S. real estate market during the coronavirus pandemic.
Contractors | Aug 24, 2020
Guidance on design assist vs. delegated design released
The American Institute of Architects (AIA) and the American Institute of Steel Construction (AISC) have released a paper that provides guidance on design collaboration on construction projects.
University Buildings | Jul 24, 2020
A hybrid learning approach could redefine higher education
Universities reassess current assets to determine growth strategies.
Contractors | Jul 8, 2020
Construction businesses top one cohort of borrowers under Paycheck Protection Program
The loans saved an estimated 17,500 construction jobs.
Coronavirus | Jun 19, 2020
Experts address COVID-19's impact on nursing homes and schools on The Weekly
The June 18 episode of BD+C's "The Weekly" is available for viewing on demand.
Coronavirus | Jun 12, 2020
BD+C launches 'The Weekly,' a streaming program for the design and construction industry
The first episode, now available on demand, features experts from Robins & Morton, Gensler, and FMI on the current state of the AEC market.
Coronavirus | May 29, 2020
Black & Veatch, DPR, Haskell, McCarthy launch COVID-19 construction safety coalition
The NEXT Coalition will challenge engineering and construction firms to enhance health and safety amid the Coronavirus pandemic.