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
Sustainability | Apr 4, 2023
ASHRAE releases Building Performance Standards Guide
Building Performance Standards (BPS): A Technical Resource Guide was created to provide a technical basis for policymakers, building owners, practitioners and other stakeholders interested in developing and implementing a BPS policy. The publication is the first in a series of seven guidebooks by ASHRAE on building decarbonization.
Sustainability | Apr 4, 2023
NIBS report: Decarbonizing the U.S. building sector will require massive, coordinated effort
Decarbonizing the building sector will require a massive, strategic, and coordinated effort by the public and private sectors, according to a report by the National Institute of Building Sciences (NIBS).
Education Facilities | Apr 3, 2023
Oklahoma’s Francis Tuttle Technology Center opens academic center for affordable education and training
Oklahoma’s Francis Tuttle Technology Center, which provides career-specific training to adults and high school students, has completed its Francis Tuttle Danforth Campus—a two-story, 155,000-sf academic building. The project aims to fill the growing community’s rising demand for affordable education and training.
Sports and Recreational Facilities | Mar 30, 2023
New University of St. Thomas sports arena will support school's move to Division I athletics
The University of St. Thomas in Saint Paul, Minn., last year became the first Division III institution in the modern NCAA to transition directly to Division I. Plans for a new multipurpose sports arena on campus will support that move.
Warehouses | Mar 29, 2023
Construction completed on Canada’s first multi-story distribution center
Construction was recently completed on Canada’s first major multi-story industrial project, a distribution center in Burnaby, British Columbia. The project provides infrastructure for last-mile delivery in a world where consumers have come to expect next-day and same-day delivery, according to Ware Malcomb, the project's architect of record.
Healthcare Facilities | Mar 26, 2023
UC Davis Health opens new eye institute building for eye care, research, and training
UC Davis Health recently marked the opening of the new Ernest E. Tschannen Eye Institute Building and the expansion of the Ambulatory Care Center (ACC). Located in Sacramento, Calif., the Eye Center provides eye care, vision research, and training for specialists and investigators. With the new building, the Eye Center’s vision scientists can increase capacity for clinical trials by 50%.
Libraries | Mar 26, 2023
An abandoned T.J. Maxx is transformed into a new public library in Cincinnati
What was once an abandoned T.J. Maxx store in a shopping center is now a vibrant, inviting public library. The Cincinnati & Hamilton County Public Library (CHPL) has transformed the ghost store into the new Deer Park Library, designed by GBBN.
Multifamily Housing | Mar 24, 2023
Multifamily developers offering new car-free projects in car-centric cities
Cities in the South and Southwest have eased zoning rules with parking space mandates in recent years to allow developers to build new housing with less parking.
Multifamily Housing | Mar 24, 2023
Coastal multifamily developers, owners expect huge jump in insurance costs
In Texas and Florida, where Hurricane Ian caused $50 billion in damage last year, insurance costs are nearly 50% higher than in 2022.
Multifamily Housing | Mar 24, 2023
Average size of new apartments dropped sharply in 2022
The average size of new apartments in 2022 dropped sharply in 2022, as tracked by RentCafe. Across the U.S., the average new apartment size was 887 sf, down 30 sf from 2021, which was the largest year-over-year decrease.