An employee ownership company is formed with Structure Tone management.
Of management are shareholders.
Successful expansion into the Canadian market.
Of all employees are shareholders.
Relationships with international banking syndicate broadens access to capital markets.
First cash dividend declared.
Further diversification with expansion into Southern US and a focus on public and institutional clients.
Employees-Shareholders have greater than 20% return.
Cash dividend declared.
Taking construction safety to the next level.
STO Building Group ranks #14 in ENR’S Top 400 Contractors.
Expansion into West Coast market.
STO Building Group formed to reflect family of companies
Strategic priority to further diversify STO Building Group across US and focus on expansion into Global Consulting Services.
Layton and STO Building Group merge to form largest privately held US builder.
Cash dividend increases more than 10%. Cash position exceeds $500M.
Maintain staff through Covid environment; backlog exceeds $10B.
Shareholder’s returns exceeds 20% CAGR since founding.
STO Building Group ranks #7 in ENR’S Top 400 Contractors.
The LIRO Group
Strategic merger with The LIRO Group completed.
Abbott Construction joins The STO Building Group.
With our partner firms, we are building a family of global Engineering and Construction Management businesses that deliver the highest quality services, while we continue to strive to enhance value for all partner companies by empowering their businesses, people, and cultures.