COMPANY·HISTORIES
NAIC 236220

Construction Management, Commercial and Institutional Building

How the companies in this industry began, and the forces that shaped them.

16companies1902–1989founding years16still active0no longer operating
§ 01

The industry over time

Companies foundedEconomyTechnologyEnvironment
FoundedTurner Construction CompanyFoundedTurner Construction Company
1902
1903
TechnologyThe Wright brothers achieve powered flight.
1908
TechnologyThe Ford Model T brings the automobile to the middle class.
1913
EconomyThe Federal Reserve is created.
1914
EconomyWorld War I begins; global trade reorders.
FoundedSeddon Group Ltd.FoundedSeddon Group Ltd.
1920
1929
EconomyThe stock market crashes; the Great Depression begins.
1933
EconomyNew Deal reforms reshape banking and industry.
FoundedHensel Phelps Construction CompanyFoundedHensel Phelps Construction Company
1937
1939
EconomyWorld War II begins; wartime production surges.
1945
EconomyThe war ends; a long postwar expansion begins.
FoundedJ.H. Findorff and Son, Inc.FoundedJ.H. Findorff and Son, Inc.
1946
1947
TechnologyThe transistor is invented at Bell Labs.
FoundedThe Rouse CompanyFoundedThe Rouse Company
1954
1956
EconomyThe Interstate Highway program remakes commerce.
1958
TechnologyThe integrated circuit is demonstrated.
1962
EnvironmentSilent Spring launches the modern environmental movement.
1970
EnvironmentThe EPA is founded; environmental regulation expands.
FoundedChugach Alaska CorporationFoundedChugach Alaska Corporation
1971
EconomyThe dollar leaves the gold standard; Nasdaq opens.
1973
EconomyThe OPEC oil embargo triggers a global shock.
1975
TechnologyThe personal-computer era begins with the Altair.
1979
EconomyA second oil crisis drives inflation higher.
1981
TechnologyThe IBM PC launches and sets a standard.
1984
TechnologyApple ships the Macintosh; the GUI era begins.
FoundedChelsfield PLCFoundedChelsfield PLC
1986
1987
EconomyBlack Monday: markets fall 22% in a single day.
FoundedMatrix Service CompanyFoundedMatrix Service Company
1989
1991
TechnologyThe World Wide Web is released to the public.
1993
TechnologyThe Mosaic browser brings the web to everyone.
1995
TechnologyWindows 95 launches; the internet goes mainstream.
1997
EconomyThe Asian financial crisis rattles global markets.
EnvironmentThe Kyoto Protocol sets the first climate targets.
2000
EconomyThe dot-com bubble bursts.
2001
EconomyThe September 11 attacks; a recession follows.
2004
TechnologySocial media and Web 2.0 begin to take hold.
2007
TechnologyThe iPhone launches the smartphone era.
2008
EconomyThe global financial crisis freezes credit.
2010
TechnologyCloud computing goes mainstream for business.
2015
EnvironmentThe Paris Agreement sets global climate targets.
2020
EconomyThe COVID-19 pandemic upends the global economy.
2022
EconomyInflation spikes; central banks raise rates sharply.
2023
TechnologyGenerative AI reaches mainstream business use.
§ 02

The companies

Turner Construction Company →
Active · founded 1902
Turner Construction Company is one of the most prodigious builders in the world, credited with building in part or in…
Turner Construction Company →
Active · founded 1902
Turner Construction Company is one of the most prodigious builders in the world, credited with building in part or in…
Seddon Group Ltd. →
Active · founded 1920 · United Kingdom
Seddon Group Ltd.
Seddon Group Ltd. →
Active · founded 1920 · United Kingdom
Seddon Group Ltd.
Hensel Phelps Construction Company →
Active · founded 1937
Hensel Phelps Construction Company operates as one of the largest private construction companies in the United States.
Hensel Phelps Construction Company →
Active · founded 1937
Hensel Phelps Construction Company operates as one of the largest private construction companies in the United States.
J.H. Findorff and Son, Inc. →
Active · founded 1946
J.H.
J.H. Findorff and Son, Inc. →
Active · founded 1946
J.H.
The Rouse Company →
Active · founded 1954
One of the largest publicly held real estate development and management firms in the United States, The Rouse Company…
The Rouse Company →
Active · founded 1954
One of the largest publicly held real estate development and management firms in the United States, The Rouse Company…
Chugach Alaska Corporation →
Active · founded 1971
Chugach Alaska Corporation (CAC) is one of the most successful of the 12 Alaska Native Regional Corporations that were…
Chugach Alaska Corporation →
Active · founded 1971
Chugach Alaska Corporation (CAC) is one of the most successful of the 12 Alaska Native Regional Corporations that were…
Chelsfield PLC →
Active · founded 1986 · United Kingdom
Chelsfield PLC is one of the United Kingdom's major property development groups.
Chelsfield PLC →
Active · founded 1986 · United Kingdom
Chelsfield PLC is one of the United Kingdom's major property development groups.
Matrix Service Company →
Active · founded 1989
Matrix Service Company offers construction services, and repair and maintenance services related to aboveground storage…
Matrix Service Company →
Active · founded 1989
Matrix Service Company offers construction services, and repair and maintenance services related to aboveground storage…
Build It Today

Starting a construction management, commercial and institutional building company now

Each week we rebuild one of these stories for today's tools and capital.