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2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 1992 1993 1994 1995 1
people and we looked at every project we built as a Pacific market and soon realized that we had other One Billion Dollars “[In this market] the biggest
mini marketing campaign.” general contractor relationships there. Customers When a company hits the $1 billion milestone, this thing for clients was our financial
respected the services Rosendin could provide and is a means for celebrations and praise. In 2014, stability, bonding capacity, and
Aloha Hawaii there were plans for a tremendous amount of growth. Rosendin Electric achieved this milestone. BIM and design-build capabilities.
In 2012, Rosendin opened an office in Honolulu, There was no question, we jumped in!” On the East Coast, we are
Hawaii. The major challenge of opening an office in “When we became a $1 billion dollar company, considered a very sophisticated
Hawaii is that we were literally on an island far away “We started building trust with it didn’t impact me much because we see things contractor compared to local Bennett Rhodes
from anything. Time changes and logistics, which owners, general contractors, and coming. The Executive Team at Rosendin has never contractors and we bring a lot Division Manager
typically were not taken into consideration, became customers and built up from there. been a revenue driven group, we tend to avoid that to the table. When this Division
a concern. We had faced new markets in new areas On the main-land people tend to kind of mindset,” stated Beltramo. “When we hit this started, we needed a lot of help from various
for many years; however, Hawaii was different. We communicate through email, text, milestone we began preparing. We had to ensure resources and departments on the West Coast
were completely new to the island and no one had a and phones. We shortly discovered that the structure of the company could hold up. including IT and Estimating. Our team shortly
clue as to who Rosendin was. that was not the means of Kevin Bucholz We met with our financial and surety partners and realized that being an ESOP company means
communication here. Our customers Operations everyone was on board to support what we were that everybody has buy-in no matter where you
“Hensel Phelps (HP) moved wanted to see us face-to-face. They Manager going to do moving forward.” are located and we want the next guy to succeed.
their Pacific Regional office from wanted our teams to be at their conference room Growth within the company means growth of our
Guam to Hawaii in 2009. Due to tables, talking about the projects, and discussing the Maryland ESOP.”
our relationship and expertise in project plans. Once we understood that this was of Opening an office in Baltimore, Maryland in 2014
electrical contracting, HP reached the utmost importance in working with clients in the came with the same familiar challenges. Rosendin Two Billion Dollars and On
out to us and requested our area, it became easy.” was not a known contractor and it was up to us to In 2016, Rosendin became a $2 billion company!
Jim Hawk preconstruction and construction prove that we were reliable and viable. The forward thinking of our Executive Team and the
Executive Vice
President services to them. We analyzed the hard work and dedication of each employee owner
has made Rosendin’s ESOP a success.
2007 - 2008 2009 - 2010
• Larry Beltramo named President. • Sam Lamonica becomes Chief Information Officer.
• Sacramento Office opens. • Texas office opens.
Capitol Area East End Queen of the Valley Sacramento Int’l Airport Sacramento Downtown TSU Performing Data Ranch LBJ Library Plaza Cedar Creek
Complex Sacramento, CA Landside Project Arena Arts Center Austin, TX Austin, TX High School
Sacramento, CA Sacramento, CA Sacramento, CA San Marcos, TX Wyldwood, TX
‘‘
The key work to ESOP is Ownership -- we all benefit from the collective work in the firm. When you consider Rosendin’s
processes, level and depth of expertise, market and office diversity, and our willingness to help each other and clients for
the collective good, the payoff is great. Over time, at Rosendin, your ESOP vesting and account’s resulting value become a
cornerstone for building your own personal wealth and future.” ~ Bill Mazzetti, Senior VP of Engineering and ESOP Trustee
10 The Feeder | Q4 2017 Q4 2017 | The Feeder 11