Clark Construction
{{short description|American construction company}}
{{Infobox company
| name = Clark Construction Group, LLC
| logo = Clark_Construction_logo.png
| type = Private
| traded_as =
| foundation = {{start date and age|1906}}
| location = Bethesda, Maryland, U.S.
| key_people = Robert D. Moser, Jr., president and chief executive officer; A. James Clark
| num_employees = 4,200
| founder = George Hyman
| services = {{Unbulleted list|General Contractor|Construction Manager|Design-Build}}
| revenue = $6.5 billion (2022)
| operating_income =
| net_income =
| industry = Construction
| homepage = {{URL|https://www.clarkgroup.com}}
| divisions =
| subsid = {{Unbulleted list|Clark Construction|Guy F. Atkinson Construction|Shirley Contracting Company|C3M Power Systems|Clark Civil|Clark Concrete|Clark Foundations|Clark Water|Align Capital Solutions|Altura|Carta|Coda|Edgemoor Infrastructure & Real Estate|Fractile Studio|S2N Technology Group}}
}}
Clark Construction, also referred to as Clark Construction Group, LLC, is a construction firm headquartered in McLean, Virginia,{{cite web |last=Shaw |first=Dan |date=11 April 2017 |title=Findorff picked for Couture project – The Daily Reporter – WI Construction News & Bids |url=http://dailyreporter.com/2017/04/11/findorff-picked-for-couture-project/ |access-date=2017-04-12}} and founded in 1906. The company had 2018 annual revenue of more than $5 billion,{{Cite news|url=http://wtop.com/business-finance/2016/01/clark-construction-executives-buy-out-iconic-washington-firm/|title=Clark Construction executives buy out iconic Washington firm|date=2016-01-14|work=WTOP|access-date=2017-04-12|language=en-US}} and is one of the largest commercial and civil contractors in the country. Some projects include Capital One Arena{{cite web|url=http://assets-origin.bizjournals.com/washington/breaking_ground/2015/03/alfred-james-clark-founder-of-clark-construction.html|title=Alfred James Clark, founder of Clark Construction, dies - Washington Business Journal|website=Washington Business Journal|access-date=2017-04-12}} and L'Enfant Plaza.
History
The company traces its founding to the George Hyman Construction Company, an excavating company, in 1906. Business boomed, as it initially had the only steam shovel in Washington.{{Cite web|url=http://www.fundinguniverse.com/company-histories/the-clark-construction-group-inc-history/|title=History of the Clark Construction Group, Inc. – FundingUniverse}} The company began doing construction work in 1923; its first such contract was with Wheatley Junior High School. The company was involved in numerous military construction projects during World War II.{{cite web|url=https://www.clarkconstruction.com/about|title=About Us - Clark Construction|access-date=2023-08-20}}
Hyman died in 1970 and was succeeded by his nephew Benjamin Rome.
In 1969, A. James Clark bought the company from the Hyman family and oversaw major growth including one of its earliest projects L'Enfant Plaza in Washington. Clark formed a separate company in 1977 for non-union projects in the Washington area (Hyman legally could not bid on such projects).{{cite news |last=Niedt |first=Bob |date=January 14, 2016 |url=https://www.bizjournals.com/washington/breaking_ground/2016/01/management-team-buys-clark-construction.html |title=Management team buys Clark Construction (Video) |work=Washington Business Journal}} In 1995, Clark merged construction companies of Hyman, Shirley Contracting Company, Guy F. Atkinson Construction and OMNI to form Clark Construction.
In 2016, a year after Clark died, firm management bought the company from its parent Clark Enterprises, leaving the parent to concentrate on its private equity, financial and real estate markets.
Subsidiaries
- Building & Infrastructure Group:
- [https://www.clarkconstruction.com/ Clark Construction] - general contractor
- [https://www.atkn.com/ Guy F. Atkinson Construction] - a heavy civil contractor{{cite news |last=Graebner |first=Lynn |date=November 15, 1998 |title=Electrifying purchase: Calpine buys Sacramento's Walsh Power |url=https://www.bizjournals.com/sacramento/stories/1998/11/16/story5.html |work=Sacramento Business Journal |accessdate=July 15, 2017}}
- [https://shirleycontracting.com/ Shirley Contracting Company] - a transportation, heavy civil, and site contractor
- [https://www.c3mpowersystems.com/ C3M Power Systems] - a transportation systems and electrical contractor{{Cite web|last=|first=|date=2015-02-16|title=CLARK CONSTRUCTION GROUP LAUNCHES C3M POWER SYSTEMS TO PERFORM WORK IN TRANSPORTATION MARKET|url=https://www.clarkconstruction.com/news/clark-construction-group-launches-c3m-power-systems-perform-work-transportation-market|url-status=live|archive-url=https://web.archive.org/web/20150303035332/http://www.clarkconstruction.com:80/news/clark-construction-group-launches-c3m-power-systems-perform-work-transportation-market |archive-date=2015-03-03 |access-date=|website=Clark Construction}}
- [https://www.clarkconstruction.com/about-us/companies/clark-civil Clark Civil] - a heavy civil contractor
- [https://www.clarkconstruction.com/about-us/companies/clark-concrete Clark Concrete] - self perform concrete contractor
- [https://www.clarkconstruction.com/about-us/companies/clark-foundations Clark Foundations] - engineering solutions for excavation support systems
- [https://www.clarkconstruction.com/about-us/companies/clark-water Clark Water] - specializes in water and wastewater projects
- Asset Solutions Group:
- [https://www.aligncapitalsolutions.com/ Align Capital Solutions] - financing partner
- [https://alturaassociates.com/ Altura] - building commissioning and smart building consulting services
- [https://www.cartaadvisors.com/ Carta] - project advisor
- [https://www.codainsights.com/ Coda] - construction software development and engineering
- [https://www.edgemoor.com/ Edgemoor Infrastructure & Real Estate] - a developer and asset manager of public buildings and infrastructure{{cite web|last=Horsley|first=Lynn|date=2017-09-08|title=Edgemoor touts local jobs as Burns & McDonnell pushes back on KCI rejection | The Kansas City Star|url=http://www.kansascity.com/news/politics-government/article172145622.html|accessdate=2018-02-10|publisher=Kansascity.com}}
- [https://www.fractilestud.io/ Fractile Studio] - BIM and VDC engineering services
- [https://www.s2ngroup.com/ S2N Technology Group] - technology solutions design, consulting, and project management services
References
{{reflist}}
External links
- {{official website|http://www.clarkconstruction.com}}
Category:Construction and civil engineering companies of the United States
Category:Companies based in Bethesda, Maryland
Category:Privately held companies based in Maryland