January 7, 2013

Cover Story

CEO of the Year

Utah’s business landscape is rich with professionals who have le...Read More

Featured Articles

Did you go Skiing this winter?

Around Utah

Sections

Spotlight
Martin Plaehn

Spotlight
Karen Sendelback

Legal Briefs
Social Media and Employers: Friends or Enemies?

Money Talk
The Case for HSAs

Economic Insight
Time to Show Up

Lessons Learned
Make a Move

TechKnowledge
In the Lab

EntrepreneurEdge
Rent to Own

Business Trends
Back from the Dead

Living Well
Artful Inspiration

Features
A Breath of Fresh Air

Features
Worst-Case Scenario

Regional Report
Northern Utah

Focus
Measure Up

Industry Outlook
Travel & Tourism

Players
Players

Article

Sterling Construction Company, Inc. Acquires Remaining Interest in Its Ralph L. Wadsworth Subsidiary

Press Release

January 7, 2013

Sterling Construction Company, Inc. announced that on Dec. 31 it purchased purchased the remaining 20 percent membership interest in Ralph L. Wadsworth Construction Company, LLC (RLW) that was previously held by RLW’s executive management. The acquisition was an early exercise of Sterling’s option under a Dec. 2009 purchase agreement.

Sterling has retained the services of RLW CEO Kip Wadsworth, President Con Wadsworth and Vice President of Business Development Tod Wadsworth under new employment agreements.

“We are very pleased to conclude this transaction. The terms of the option provide for operational continuity of RLW and a stable platform for organic growth and further integration of our operating units,” said Peter MacKenna, Sterling CEO.

Sterling is a heavy civil construction company that specializes in the building and reconstruction of transportation and water infrastructure in large markets in Texas, Utah, Nevada, Arizona, California and other states where there are construction opportunities. Its transportation infrastructure projects include highways, roads, bridges and light rail and its water infrastructure projects include water, wastewater and storm drainage systems.

Utah Business Social
UB Events View All
Utah PR Spring ConferenceUtah Business Event
May 7, 2015
Join your colleagues from Utah Business along with PRSA & IABC for this important, 1-day event th...
30 Women to WatchUtah Business Event
May 21, 2015
Utah Business Magazine along with Snell & Wilmer are proud to announce the 16th annual 30 Women T...
CXO of the Year 2015Utah Business Event
Jun 25, 2015
Utah Business Magazine along with Stoel Rives - are proud to present the 2015 CXO of the Year Awa...
Community Events View All
Walk MS Salt lake City 2015
Apr 25, 2015
Walk MS Salt Lake City 2015 Join us at The Gateway Mall April 25, 2015 and experience an event...
Advanced Skills for Workplace Trainers
Apr 28, 2015
Learn to identify, develop, and modify your individual teaching style. We will start with the ste...

info@utahbusiness.com  |  90 South 400 West, Ste 650 Salt Lake City, Utah 84101   |  (801) 568-0114

Advertise with Utah Business

Submit an Event

* indicates required information
* Event Name:
Price (general):
Website (if applicable):
Coordinator's Name:
Coordinator's Email:
Coordinator's Phone:
Venue Name:
Venue Address:
Venue City:
Venue Zip:
Event Capacity:
Date(s):
to
* Event Description:
  Cancel