Business View Magazine | April 2019
31 1964. Hugh’s two sons, John and Dave, became the fourth generation to join the company in the late ‘70s, and by the mid-‘80s the pair had added the Rebar Division. In the early 1990s, and just before they retired, Hugh and Mike bought the facilities at 1602 North 11th Street, which became, and still is, the company’s largest structural steel fabrica- tion plant. John and Dave bought the firm and spent the next several years renovating and adding to the fabrication facility, making it into a world-class operation. The company acquired the Mountain Steel & Supply Co. of Denver, Colorado, which, in 2011, became the Moun- tain Steel Division of Drake-Williams Steel, another structural steel fabrication facility. In 2014, John and Dave transferred ownership from the Williams family to an Employee Stock Ownership Program (ESOP). “For a period of Making our clients’ businesses better. Risk management | Employee benefits | Retirement services 13710 FNB Parkway, Suite 400 • Omaha, NE 68154 • 402.970.6100 © 2019 Lockton, Inc. All rights reserved. LOCKTON.COM Lockton helps companies protect their people, property and reputations. For more than five decades, our clients have depended on our risk management, employee benefits and retirement services expertise to help them take risks and grow. To learn how Lockton can help you create a successful insurance management strategy for your business, contact: Jack Struyk jstruyk@lockton.com
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