January
$3.6B Revenue
An employee ownership company is formed with Structure Tone managemt
April
80%
of management are shareholders.
August
Govan Brown
Successful expansion into the Canadian market.
October
50%
of all employees are shareholders.
December
$4.5B Revenue
Relationships with international banking syndicate broadens access to capital markets.
January
First cash dividend declared
April
October
Ajax
Further diversification with expansion into Southern US and a focus on public and institutional clients.
December
$5B Revenue
Employees-Shareholders have greater than 20% return.
January
First cash dividend declared
February
Safety 360
Taking construction safety to the next level.
March
#14 ENR
STO Building Group ranks #14 in ENR’S Top 400 Contractors.
May
BCCI
Expansion into West Coast market.
June
$6B Revenue
STO Building Group formed to reflect family of companies
July
August
Strategic priority to further diversify STO Building Group across US and focus on expansion into Global Consulting Services.
December
Layton
Layton and STO Building Group merge to form largest privately held US builder.
January
$8.4B Revenue
Cash dividend increases more than 10%. Cash position exceeds $500M.
May
Maintain staff through Covid environment; backlog exceeds $10B.
July
Shareholder’s returns exceeds 20% CAGR since founding.
June
#7 ENR
STO Building Group ranks #7 in ENR’S Top 400 Contractors.
September
The LIRO Group
Strategic Merger With The LIRO Group completed.
November
Abbott
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.
