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Tools, guides and resources to help construction business owners run, manage and grow their companies.

  • Brinkmann Constructors to Sell Company to Employees via Employee Stock Ownership Plan (ESOP)

    ST. LOUIS (July 19, 2013)  – Founder and Chief Executive Officer Robert G. Brinkmann is selling his 90-plus percent ownership stake in Brinkmann Constructors to company employees through an Employee Stock Ownership Plan (ESOP).   “The arrangement solidifies the future role of Brinkmann Constructors for our customers and employees,” said the 64-year-old Brinkmann, who opened the doors to the Chesterfield, Mo.-based national design/build contractor in 1984. “I want those who have helped build the company – and those who will continue to build it – to have an ownership stake. It is an act of gratitude that reflects the joy I’ve experienced teaming with this group to create winning construction solutions for our clients.”   The company has retained Stone Carlie to oversee ESOP implementation….
    Read More →: Brinkmann Constructors to Sell Company to Employees via Employee Stock Ownership Plan (ESOP)
  • The PENTA Building Group Hosts Charity Golf Tournament, Raises $100,000 for Local Nonprofits

    LAS VEGAS (July 11, 2013) – The PENTA Building Group recently hosted its ninth annual PENTA Charity Golf Classic at the Revere Golf Club in Henderson, Nev. Golf participants, subcontractors and vendors who attended the tournament raised a total of $100,000 for the Nevada Childhood Cancer Foundation and the Women’s Development Center. Each organization received $50,000 to support its mission.  “PENTA is pleased to have such a tremendous turnout this year,” said PENTA Chief Operating Officer John Cannito. “Our company is proud to be able to donate the proceeds from our tournament to these two wonderful organizations that make a difference in so many people’s lives.” The Women’s Development Center and Nevada Childhood Cancer Foundation both strive to provide support for community members in need….
    Read More →: The PENTA Building Group Hosts Charity Golf Tournament, Raises $100,000 for Local Nonprofits
  • Ritchie Bros. Announces Retirement of President

    Rob Mackay, president of Ritchie Bros. Auctioneers, retires after 28 years of service
    Read More →: Ritchie Bros. Announces Retirement of President
  • Sonnhalter Partners with Habitat for Humanity for the Fourth Annual Sonnhalter Tool Drive

    Help eliminate substandard housing during the month of August by donating extra inventory, demo models and no longer needed tools and building materials
    Read More →: Sonnhalter Partners with Habitat for Humanity for the Fourth Annual Sonnhalter Tool Drive
  • Construction Unemployment Falls to 9.8 Percent

    Lowest June Level Since 2008 as All Industry Segments Adds Jobs and Hours for the Month and Year
    Read More →: Construction Unemployment Falls to 9.8 Percent

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