Release Date: September 29, 2011
Boldt Assists Selmer in Business Transition
The Selmer Company, Green Bay, Wisconsin, announced today that it will transition from general construction services into construction management until it completes existing projects through 2013. It has also elected to liquidate its entire equipment line during this time.
The Selmer Company opened for business in 1896 under the original ownership of H.J. Selmer. The current ownership group of Mitch Meyer, David Schleis and Wayne Rodda purchased the company in 1995. Meyer commented, "We are proud to have successfully served so many industrial, commercial and institutional customers as a general contractor over so many years. We thank all of our construction clients and the community for your allegiance and confidence in us."
Also today, The Boldt Company, Appleton, Wisconsin, and Selmer jointly announced an agreement to transition future projects and industrial construction services from Selmer to Boldt, which will involve employment by Boldt of many existing Selmer employees. Important customer relations enjoyed by Selmer and its employees will continue through Boldt in northeastern Wisconsin.
Bob DeKoch, President and COO of Boldt said today, "We respect Selmer’s contributions to the construction market in northeastern Wisconsin over the years, yet can appreciate their decision during these economic times. Boldt has a presence in the greater Green Bay market and Selmer’s business fits very well with Boldt’s business in northeastern Wisconsin. We look forward to continuing to serve this group of customers and will work to gain their respect and trust in the same way they enjoyed with Selmer."
Mitch Meyer said, "In making our decision, we wanted to ensure that we provided a service option for our customers with a reputable organization. We feel positive about the agreement we have reached with Boldt."