Archive for February, 2022

Egan Company Selected as 2022 Bold Awards Finalist

Friday, February 4th, 2022

MINNEAPOLIS, MN (February 4, 2022) – specialty trades contractor Egan Company announced its selection as a finalist in the Tenth Annual BOLD Awards, presented by the Minnesota Chapter of the Association for Corporate Growth® (ACG.) The BOLD Awards are designed to honor and recognize innovation, inspirational moves, bold visions and leaders that have made BOLD moves to positively grow, restructure or enhance their companies for the benefit of all stakeholders. The program celebrates the corporate leaders and teams that are behind successful mergers and acquisitions, financing and extraordinary strategies that led to sustainability, remarkable performance and/or accelerated growth January 2019 – December 2021. 

Nominated for its BOLD move in late summer 2021, Egan divested its sheet metal fabrication business, Fabricated Duct Systems (FabDuct), to contractor Go Fetsch Mechanical of Shoreview, Minn. Egan’s BOLD move provided a female- and minority-owned business the opportunity to expand and capture additional market share and allowed Egan to focus on its construction and service/maintenance businesses poised for growth.

Corporate leaders and teams representing the nominees from a group of over 100 organizations will be attending the BOLD Awards on Tuesday, February 22, 2022, starting at 6:00 PM at The Fillmore Minneapolis to network and celebrate. This event is a vivid, high-energy BOLD celebration of the businesses that grow Minnesota. The finalists will be showcased for their efforts and successes. The BOLD winners of each category will be announced during the program later in the evening, with the BOLDest of the BOLD winner being chosen via a real-time, live audience vote.  

The 2022 Finalists in each category:

Not for Profit: Free Bikes 4 Kidz, Girl Scouts Minnesota and Wisconsin River Valleys and InnerCity Tennis Foundation

2020 Start Ups: Luce Line, REVocity, and Telo

Early-Stage: Cytotheryx, GenEQTY, and Rowland Paint

Small & Growing: Durabotics, Self Eco, and Tierra Encantada

Middle Market: Clearfield, Datasite, and Maud Borup

Large & Established: Be the Match, Egan Company, and Starkey Hearing

About ACG (Association for Corporate Growth)

Founded in 1954, ACG has 59 chapters across the globe and the network consists of over 90,000 professionals. ACG Minnesota’s chapter began in 1966 and has nearly 300 members active in Minnesota’s vibrant, business community. ACG Minnesota was 2015 Chapter of the Year with the Executive Director, Nicki Vincent earning the President’s Award that same year. ACG’s mission is to drive middle-market growth. www.acg.org/minnesota

About Egan Company

Egan Company is a privately-owned, specialty contractor providing building trades to general contractors, engineers, building owners, property managers, and facility engineers. Specialties include: electrical, mechanical, curtainwall/glazing/metal panels (InterClad), millwrights, building technology, controls and system integration, and 24/7 service. Egan serves every stage of a building and provides in-house expertise in planning, design and engineering, construction, and maintenance. For more information about Egan Company, visit www.eganco.com.

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Media Contact:
Angela Schmidt
Senior Specialist, Marketing Communications
ars2@eganco.com  //  763-504-3471

EGAN COMPANY PROMOTES JAMES FORD TO PRESIDENT & CEO

Wednesday, February 2nd, 2022

MINNEAPOLIS, MN (February 2, 2022) – specialty trades contractor Egan Company announced the promotion of James Ford to President & CEO, completing its executive leadership succession plan announced in June 2021. 

As President & CEO, Ford will provide executive leadership to the organization, overseeing all aspects of the company and continuing to execute a strategic plan to redefine the industry by setting a new standard in customer care. Ford joined Egan in 2017 as Chief Financial Officer and transitioned to the role of President in 2021. During his tenure as CFO, James has provided leadership for Egan’s accounting, human resources, and legal functions, as well as acted as an advisor to all lines of business. The Company experienced steady growth through Ford’s leadership, including throughout the ongoing COVID-19 pandemic. Prior to Egan, Ford spent over 15 years at Eide Bailly LLP, a certified public accounting firm.

“I am humbled and excited for the opportunity to help lead Egan Company. We have a strong history of success over the last 75 years and we will continue to build upon that success,” shared Ford. “Our first priority will be to maintain our focus on our people. From the brand new apprentice to the leadership team, we will continue to focus on recruiting, retaining, and developing the best people in our industry. Secondly, we will listen to our customers and find ways we can help them succeed. We plan to identify and pursue these growth opportunities both organically and through strategic acquisitions. Lastly, we want every employee at Egan to feel like they are able to live and work with a deep sense of purpose. We describe our purpose as ‘With passion and pride, we build better lives and communities – together.’ All of these initiatives will be blanketed with a focus on long-term success, where our short-term goals build momentum for success long into the future.”

Ford also serves as a Board Member on Egan’s Board of Directors. He succeeds Duane Hendricks who served as President & CEO since 2018. Hendricks will remain with Egan in the role of Chairman of the Board.

Read more about James Ford and Egan’s executive leadership transitions over the past year here

About Egan Company

Egan Company is a privately-owned, specialty contractor providing building trades to general contractors, engineers, building owners, property managers, and facility engineers. Specialties include: electrical, mechanical, curtainwall/glazing/metal panels (InterClad), millwrights, building technology, controls and system integration, and 24/7 service. Egan serves every stage of a building and provides in-house expertise in planning, design and engineering, construction, and maintenance. For more information about Egan Company, visit www.eganco.com.

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Media Contact:
Angela Schmidt
Senior Specialist, Marketing Communications
ars2@eganco.com  //  763-504-3471