Employees of S. M. Wilson & Co. have completed the acquisition of the company from Chief Executive Officer Scott Wilson. The Employee Stock Ownership Plan (ESOP) was established in 2005 to provide employees with an interest in the Company through their retirement plan and allow the employees to share in the profits of the Company. The ESOP completed the transaction on December 31, 2013. Most of S. M. Wilson’s 140 employees participate in the ESOP.
Another big step in S. M. Wilson’s long range succession plan took place today when we announced that our employees have completed the acquisition of the company from Scott Wilson through their Employee Stock Ownership Plan (ESOP). Although originally planned to be completed at a later date, our strong revenue projections convinced us that now was a good time to give our employees full ownership of the company through their retirement plan and to share in the profits of the company. Most of our 140 employees participate in the ESOP, and we are truly excited!
Higher education is undergoing substantial changes in the ways students are receiving their education, and these changes have a direct impact on the design and construction of new and renovated teaching facilities. For example, the growing popularity of online classes and distance learning can reduce the size of lecture halls and increase the use of video technology in the classroom. Higher Education students are now encouraged to collaborate on projects in small groups, which requires numerous gathering spaces where discussion and interaction can take place inside classroom buildings. At many colleges and universities, the overall focus has shifted from teaching to learning environments.
A rendering of the Army Reserve Center at Fort Lewis in Washington state, expected to be completed in fall 2015. S.M. Wilson will provide general contracting services for the project.
S.M. Wilson & Co., the St. Louis-based construction management firm, has been awarded a new $31.5 million project for a new Army Reserve Center (ARC) at Fort Lewis in Washington state. Continue reading “S. M. WILSON WINS ANOTHER FEDERAL PROJECT”
The U. S. Army Corps of Engineers has selected S. M. Wilson & Co. as the ‘Best Value’ contractor to build a new $31.5 Army Reserve Center (ARC) at Fort Lewis, Washington. Designed to support military training for 1200 Army Reserve members, the new ARC complex will consist of a 104,497 square foot Training Center, a 15,398 square foot Vehicle Maintenance Shop and a 3,817 square foot Unheated Storage building.
Community School has selected S. M. Wilson & Co. to construct a new 19,300 square foot performing arts center with seating for 500 at its campus in Ladue, Missouri. The Centennial Arts Center is scheduled to be completed in time for the school’s 100th anniversary celebration in April 2014.
S. M. Wilson & Co. will break ground Monday on a $22 million program of building additions and renovations for the School of the Osage School District in Lake Ozark, Missouri. Construction will involve a total 126,000 square feet of building space and include the following projects:
National and local officials of Shriners Hospitals for Children Wednesday announced plans to build a $47 million replacement hospital on the campus of Washington University School of Medicine.