News
MR. SUFFOLK GOES TO WASHINGTON, THEN BUYS COMPANY
January 13, 2010
| Boston-based Suffolk Construction, a $1.7B a year privately owned construction manager, announced Tuesday that it acquired Dietze Construction Group based in the Washington DC area. |
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| Adding Dietze of Ashburn, Va. to its team working on the East and West Coasts gives Suffolk a staff of 1250 and the local market knowledge and client relationships to expand its presence in the Mid-Atlantic. Dietze has 17 years of experience working in sectors like government (including secure facilities), healthcare, education, and sci/tech, as well as commercial. It recently broke ground on the new 60k SF residential complex at Howard Hughes Medical Institute Janelia Farms Research Campus in Ashburn, above. Last year, 28-year-old Suffolk acquired William A. Berry in Danvers, which specializes in healthcare and sci/tech projects. |
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| We spoke with Suffolk CEO John Fish this afternoon, and he tells us ?It's part of an overall strategic corporate vision." The soft economy led him to look beyond this period to a new norm. The "acquisitions and continued development of our technology platforms allows us to be more efficient than the competition." |
