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
| Aug 5, 2014
Construction economists optimistic about 2014 growth
Anirban Basu, Kermit Baker and David Crowe provided a collaborative economic forecast combining their expert economic analysis on leading, present and lagging economic indicators.
| Jul 30, 2014
Nonresidential building activity on the rise for 2015: AIA Forecast
Semiannual Consensus Construction Forecast predicts 4.9% increase this year, 8% next year, with offices and retail facilities leading the charge.
| Jul 29, 2014
AECOM's buying spree continues: Deal to acquire Hunt Construction Group in the works
The acquisition comes just two weeks after AECOM's $6 billion deal to acquire rival engineering and construction company URS Corp.
| Jul 28, 2014
Reconstruction market benefits from improving economy, new technology [2014 Giants 300 Report]
Following years of fairly lackluster demand for commercial property remodeling, reconstruction revenue is improving, according to the 2014 Giants 300 report.
| Jul 28, 2014
Reconstruction Sector Construction Firms [2014 Giants 300 Report]
Structure Tone, Turner, and Gilbane top Building Design+Construction's 2014 ranking of the largest reconstruction contractor and construction management firms in the U.S.
| Jul 28, 2014
Reconstruction Sector Engineering Firms [2014 Giants 300 Report]
Jacobs, URS, and Wiss, Janney, Elstner top Building Design+Construction's 2014 ranking of the largest reconstruction engineering and engineering/architecture firms in the U.S.
| Jul 28, 2014
Reconstruction Sector Architecture Firms [2014 Giants 300 Report]
Stantec, HDR, and HOK top Building Design+Construction's 2014 ranking of the largest reconstruction architecture and architecture/engineering firms in the U.S.
| Jul 27, 2014
Top Data Center Construction Firms [2014 Giants 300 Report]
Holder, Turner, and DPR head Building Design+Construction's 2014 ranking of the largest data center contractors and construction management firms in the U.S.
| Jul 27, 2014
Top Data Center Engineering Firms [2014 Giants 300 Report]
Fluor, Jacobs, and Syska Hennessy top Building Design+Construction's 2014 ranking of the largest data center engineering and engineering/architecture firms in the U.S.
