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Release Date: December 29, 2014
Heard on the Street: Boldt Co. growing in Rochester
A regional construction firm that has worked in Rochester for about 40 years marked a major milestone in 2014, one it shares with longtime client Mayo Clinic.
The Appleton, Wis.-based Boldt Co., which is working with Hitachi on Mayo Clinic's new Proton Therapy facility, celebrated its 125th year in business in 2014. Boldt was founded by Martin Boldt in 1889 in Appleton, Wis. It now has 15 offices nationwide and about 2,000 employees.
"The concept of loving what you do — loving construction — is a strong motivator. That is very powerful for us as a family, but it is also a way we've been able to attract the right kinds of employees to be our representatives with customers and in the communities where we work," stated CEO Tom Boldt about the firm's anniversary.
In Rochester, the company expanded its offices in 2014 to keep up with increased local demand. Much of that growth in business is because orf Mayo Clinic's expanding footprint.
"The expansion was needed because we were outgrowing our current office space," said Steve Schultz, Boldt's vice president and general manager in Rochester. "We have seen a nice steady growth in our operations since we opened the office back in 2008."
It turned 2,000 square feet of its Rochester shop at 3621 Ninth St. N.W. into office space. About 20 people work out of that location. That building housed Goodman Auto, prior to Boldt coming to town.
"Rochester's a growing community in all sectors that we're involved in health
care, industrial, power and commercial," said Boldt Business Development Manager John Eckerman.
Boldt hired Eckerman in 2010. He previously worked as vice president of government affairs for the Rochester Area Chamber of Commerce for many years.