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CONSTRUCTION NEWS The Industry’s Newspaper
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www.constructionnews.net H (210) 308-5800 H Volume 20 H Number 7 H JULY 2020
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New days every day
Here’s to 80 years!
The CutCo team enjoys each new day the construction industry brings.
This year, Hoar Construction celebrates 80 rich years of company history.
oey Loranc had been his own boss in the construction industry for more than 20 years when he realized working for himself was great, but his daily work routine wasn’t. “I was a general contractor here in Austin; we were doing national chains,” Loranc says. “Then, I got tired and burned out seeing the same thing every day; there was no change.” At the same time, Loranc noticed there was a need for good demolition contractors. Two years ago, he started a small demolition/concrete company on the side of being a GC and found that it was doing a lot more business than his GC company. It wasn’t long before he gave all of his time and attention to his new business, CutCo.
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OLT CAT has much to be excited about. The family-owned Caterpillar dealership opened its newest location in Georgetown, TX in November of 2019. The new location is located by the Georgetown Airport, right off I-35 and Airport Road in Georgetown. The facility itself is about 80,000sf, which makes it one of the largest facilities in the HOLT family. Of that, about 16,000sf make up their parts warehouse. “We have roughly about 8,000 individual part numbers in Georgetown and we carry about $1.6 million dollars in parts inventory. The real gem of this facility is the 45,000sf state-ofthe-art contamination and climate-controlled service center. We have 16 individual bays with the capability to do repairs on all types and sizes of equipment, from Wheel Tractor Scrapers to Skid Steer Loaders.” says HOLT CAT Regional Sales Manager, James Court.
“We do all types of demolition, and commercial concrete from interior to full demolition. With the concrete we do everything from demo to curb and gutter to new cast in place concrete from 1000sf to 20,000sf. Three people work for me, five guys are on payroll for demo, and then most of my labor is subbed out. We keep them busy.” Cutco has worked on notable projects throughout Austin and Loranc says one of his best and most challenging projects was the Hard Rock Café on the Riverwalk in San Antonio. Loranc hopes to do about $2 million in business this year and then increase it each year. COVID-19 has challenged the new company just as it was gaining traction, continued on Page 14
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riend Reed Hoar set out to specialize in church building when he established his Birmingham AL general construction firm, F.R. Hoar, in 1940. He didn’t know that over the next 80 years, the firm would navigate trends such as mall construction, undergo a merger, undergo name and leadership changes and open new locations. Today, Hoar Construction boasts a portfolio of civic/government, cultural/ entertainment, education, healthcare, hospitality, industrial/manufacturing, office/commercial, residential, retail and mixed-use projects. Helping accomplish this feat are 578 employees officed in Austin, Atlanta, Birmingham, Houston, Nashville, Orlando and Washington, D.C. Over the years, the company has
been steered by people dedicated to its success, beginning with F.R.’s son, Richard Nichols Hoar, who assumed leadership upon his father’s passing. Currently leading the company at the corporate level are CEO Rob Burton, President Turner Burton, Executive Vice President/ COOs Steve McCord and Randall Curtis, Executive Vice President Business Operations Doug Eckert and Executive Vice President Vice President/CFO Jeremy DiPiazza. The Austin location, which opened in 2011 with four employees to work central and northwest Texas projects, now staffs 82 employees. Austin operations are overseen by Managing Director Brian Cook, VP of Division Operations Jeff Light, Preconstruction continued on Page 14
Big as Texas
HOLT CAT Georgetown, Airport Road and I-35
The new facility was built to meet the growing needs of one of Texas’ fastest growing areas. “I think if you look at the state in general, Williamson County is one of the fastest growing counties in Texas. There’s a lot of commercial and residential activity in Cedar Park, Leander and Liberty Hill over to Hutto and Taylor, Georgetown and Round Rock. This location is ideal to serve all of our customers who are helping Texas grow,” adds Court. This new location makes it possible for HOLT CAT to service a wider area. “We partner with our Waco branch and we have a store in South Austin. Being in Williamson County, we can get over to Lee, Burnet, up to Milam and Bell Counties and down to Travis to serve north Austin. Our field service teams collaborate and dispatch out of any of three store locations depending on customer location and technician availability,” explains Court. continued on Page 14