Minnesota Companies Merge to Increase Capabilities
ST. PAUL, Minn. — LS Black and Dew Corp., two Minnesota-based construction firms, announced a merger that aims to build upon their strengths in the government, institutional and commercial sectors.
Sterling Black, president of LS Black, and Robert Dew, CEO of Dew Corp., will remain in their leadership positions at the new company, which will be called Black and Dew.
“We know the time is right,” Dew said. “In the current economic climate, we saw even greater need for the collective services, efficiency and delivery our firms were both known for. This brings it all together in one package.”
With a focus on the Midwest, the merger targets increased market sector capabilities and will build upon communication and core contracting competencies.
“We’ve been embedded in the Minnesota marketplace for decades. This is a positive move for our current and future clients as we look to larger and more complex projects,” Black said. “It’s all about our clients and project owners and what they want to build.”
Collectively, the companies have completed more than 2,200 projects in the last 45 years. LS Black and Dew Corp. are privately held firms and terms of the transaction will not be publicly disclosed.