84 lumber is an american building materials supply company .

founded in 1956 by joseph hardy , it derives its name from the town of eighty four , pennsylvania , 20 miles ( 32 km ) south of pittsburgh , where its headquarters are .

84 lumber owns and operates over 250 stores , and the company operates components plants , door shops , installation centers and wood products shops in 30 states .

as of 2012 , they reportedly employ 4,900 employees .

84 lumber

84 lumber started out as a lumber store . today , lumber is still our number one commodity .
84 lumber is still planning to air its first super bowl spot , a 90 - second extravaganza of a buy . credit : 84 lumber
with over 60 years of experience as a lumber company , 84 lumber has unmatched expertise in both product and service .
tiny living by 84 lumber provides a unique opportunity to live happily with less .
84 lumber is always looking for individuals who think independently and take initiative . we want individuals who build themselves and build the business . are you 84 lumber material ?
how has 84 lumber managed to work through the u . s . housing slump ?
when it comes to engineered wood products , 84 lumber provides the ultimate in support .
84 lumber offers top - of - the - line roofing materials and roofing supplies .
during the 1970s , 84 lumber’s expansion continued , and the company opened 229 stores .
he “wouldn’t be surprised” if tv spots continue to be part of 84 lumber’s campaign .
this new way of business for 84 lumber meant a new way of chargingthe dreaded accounts receivable .
84 lumber is the one - stop for building materials and building supplies for all of your construction needs .
brunner said the spot “probably” generated greater exposure for 84 lumber than if it had aired as originally planned .
copyright © 2018 84 lumber company , 1019 route 519 , eighty four , pa 15330 . all rights reserved .
84 lumber ' s super bowl ad centers on a mother and daughter traveling through mexico . this is the full ad , which includes the portion fox deemed too controversial to air during the super bowl . ( 84 lumber )
building supplies retailer 84 lumber announced a corporate reorganization that it said will help the company expand across the country .
browse our current openings to see what 84 lumber jobs are available right now and which jobs match your career goals .
residential . commercial . interior . exterior . whatever your door needs are , 84 lumber door shops have you covered .
84 lumber ' s ad featuring an immigrant and her daughter was among the most controversial ads at the super bowl .
it was joe hardy’s vision , entrepreneurial drive , and wholehearted belief that “nothing is impossible” that made 84 lumber a reality .
johnson , walter e . , ' life at 84 lumber , ' do - it - yourself retailing , february 1992 .
but , boyd said , it’s a “dangerous game” for 84 lumber to involve politics , especially in the current divisive climate .
update : the day after this story first ran , agency ceo michael brunner confirmed the initial reports regarding the 84 lumber campaign .
a fox sports representative declined to comment , and 84 lumber’s marketing department did not respond to a phone call regarding the campaign .
the initial creative 84 lumber submitted to fox was barred from broadcast because it depicted a wall , which was deemed too controversial .
in the race for super bowl ad spots , 84 lumber was the first to snag a 90 - second slot last month .
in 1992 , maggie hardy - magerko was appointed president of 84 lumber company . early in her career , she worked at the bridgeville , pennsylvania 84 lumber store and gradually moved into roles of increasing responsibility . she also serves as the president of nemacolin woodlands resort .
retailer 84 lumber co . and agency brunner inc . revising super bowl spot after network fox rejects politically charged ad - pittsburgh business times
who doesn ' t carry 1x2s . 84 lumber doesn ' t . it ' s common and widely used . thanks for wasting my time 84 lumber . and you wonder why it won ' t be long before home depot and lowe ' s puts you out of business .
the roving model is the first tiny home launched in the tiny living product line by 84 lumber . for more information visit 84tinyliving . com .
location simply does not care about customer service . i can get pricing and call nacks from home depot . pretty pathetic 84 lumber . . .
for over 40 years , 84 lumber experienced meteoric growth , powered by joe’s vision to expand and evolve the business . maggie hardy magerko ushered in a new era in which the company stormed onto the professional contractor market , and the company’s growth continued to skyrocket . with maggie’s tenacious leadership , and the 84 lumber team’s true passion for their company , a new 84 lumber emerged from tough economic times to become the powerhouse it is today .
thanks for considering 84 lumber for your new home purchase . we’ve been supplying home building materials since 1952 , and we’re ready to help with yours .
a spokesman for 84 lumber said reaction has split down the middle , with about 50 percent critical of the ad and the other half liking it .
in 1992 , after 34 years of running the company , joe hardy appointed his daughter , maggie hardy magerko , president and owner of 84 lumber .
last month , fox rejected the first ad submitted by 84 lumber because it featured a border wall - - a structure that may be too controversial at this time given the political promises of president trump . 84 lumber is working with pittsburgh - based brunner , its agency partner of more than five years .
the commercial was , however , effective in driving traffic to 84 lumber’s website . that is , after all , the goal of every super bowl ad .
“as we look forward in 2017 , we see great opportunities across the organization ,
said 84 lumber ceo frank cicero in a statement .
it’s critical to have the right team and the right resources in the right places . with this new divisional reorganization , 84 lumber is poised for strategic growth . ”
though the whole incident may reek of a publicity stunt , brunner insisted that 84 lumber is still planning to air a 90 - second spot in the game , which would carry an estimated price of $ 15 million for the airtime alone . that ' s a whopping amount even for super bowl regulars with enormous ad budgets . 84 lumber has about $ 2 . 5 billion in sales , according to reports . representatives from 84 lumber did not return messages requesting comment .
84 lumber spent $ 15 million on the spot , the pittsburgh business times reported . but in mid - january , fox reportedly rejected 84 lumber’s initial storyline because of political imagery . the proposed ad would depict a large wall that seemed similar to president donald trump ’s promised border wall , according to ad age .
84 lumber founded itself sandwiched between both sides of a fierce debate , even though owner and president maggie hardy magerko voted for donald trump , according to adweek .
in 1991 , 84 lumber was named to the top position on prosales magazine’s “dealer 100” list , an annual ranking of the country’s building materials suppliers by revenues .
' business brisk at 84 lumber co . ' s new convenience store prototype , ' do - it - yourself retailing , april 1999 , p . 23 .
the industry trade publication adweek declared the 84 lumber ad as the super bowl’s best , saying , “as an employee recruitment tactic , it’s remarkably on point . ”
in order to assist its efforts to rebuild affordable housing for gulf coast residents after hurricane katrina , 84 lumber donated 20 lumber packages to the new orleans affiliate of habitat for humanity . the homes have been constructed throughout the greater new orleans area .
magerko decided to buck them all and bet everything she had , from her jewelry collection to her personal checking account , on her ability to turn 84 lumber around .
on december 9 , 2006 , 84 lumber and the harrison county affiliate of habitat for humanity held the dedication of 13 homes on south carolina ave . in gulfport , mississippi . all materials for the homes , as well as seven others built in gulfport and biloxi , were donated by 84 lumber following the devastation of hurricane katrina .
to celebrate the company’s 50th anniversary , 84 lumber teamed with local contractors and pga tour players and their wives to build this habitat home in 50 hours . watch video .
local retailer 84 lumber co . is revising its super bowl ad after the 90 - second spot was rejected by fox because of images the network deemed as politically charged .
continuing reaction to the controversial super bowl commercial his agency created for client 84 lumber co . , is even surprising michael brunner , ceo of downtown - based brunner inc .
fox , the network broadcasting the big game , rejected the 84 lumber ad because of images including a wall that it deemed as politically charged . brunner inc . reworked the spot . it was the first time 84 lumber or the agency opted to advertise nationally during the super bowl , where 30 seconds of air time cost $ 5 million .
“the themes of hard work , dedication and sacrifice found throughout the film are the same ideals valued in 84 lumber employees , ” the company said in a news release sunday . “84 lumber is a 60 - year - old , family - owned american company that doesn’t just have jobs , but careers – with training and opportunities for advancement . ”
the spot is the first national super bowl spot for both 84 lumber and the agency , and , given the going advertising rate during the national football league’s 51st super bowl on feb . 5 , will cost $ 15 million to air , just before half - time . it kicks off a yearlong employee recruitment initiative as 84 lumber expands westward .
the 84 lumber delivery program offers superior and reliable delivery services . our dedicated fleet completes millions of deliveries each year . first out deliveries and call - in loads are welcome .
mallory , maria , ' the lord of 84 lumber co . is back behind the counter , ' business week , june 22 , 1992 , pp . 80 - 81 .
with a new leader came an evolved vision . 84 lumber continued to expand , opening its 400th store in 1997 in ephrata , pennsylvania , and in 1999 , the company opened its first “84 plus” retail store in graysville , tennessee . the store , designed by maggie hardy magerko , carried about 12 , 000 products as compared to the 3 , 000 – 4 , 000 in a traditional 84 lumber , and was divided into shopping sections targeted to professionals and retail shoppers . soon enough , more than one hundred 84 plus stores opened .
84 lumber company is dedicated to being the low cost provider of lumber and building materials to professional builders , remodelers and dedicated do - it - yourselfers , while adding value to our products through a trained , knowledgeable and motivated team of professional sales associates . key dates :
84 lumber company , the nation’s leading privately held building materials supplier to professional contractors and dedicated do - it - yourselfers , celebrates 60 years in business on november 14 , 2016 .
“we knew they had concerns , ” said amy smiley , director of marketing for 84 lumber . “they ultimately told us they weren’t going to approve , and we understood that . ”
that and other commercials spurred a backlash on social media and elsewhere . some viewers accused 84 lumber of promoting illegal immigration . others supported the pennsylvania company’s values that promote striving and success .
84 lumber company is a family - run company that has grown from being a no - frills provider of lumber and building supplies that catered almost exclusively to the do - it - yourself market to becoming a preferred vendor of professional contractors . in recent years the company began to export its products , posting impressive sales figures in nine countries , including china , japan , and germany . its new 84 plus store format also has positioned 84 lumber to compete in the home improvement category dominated by such major players as home depot . even as it pursues an aggressive program to build new 84 plus outlets , the company also is converting traditional stores to the concept .
principal competitors : carolina holdings ; home depot , inc . ; payless cashways ; sutherland lumber .
pennsylvania - based 84 lumber surprised quite a few observers this month when it announced plans to spend several million dollars on a 90 - second ad set to air before halftime of super bowl li .
makes 84 lumber the first - ever major retailer and only large building - materials retailer to tap into this new market and offer competitively priced custom - built houses no bigger than 200 square feet .
didn’t see the exact job you were looking for ? then stay connected to see new job openings as they become available . join our talent network to stay informed about future opportunities at 84 lumber .
maggie was not afraid to wield her power . she terminated a number of managers that her father had brought in to run the company ; she was unhappy with their buttoned - down look and attitude , which conflicted with the traditional 84 lumber shirts everyone else wore at headquarters . the following year , the 84 lumber company pursued an extensive training and development program , requiring every associate to attend the ' 84 university ' program to learn about new products and sharpen their sales skills . in 1992 , 84 lumber opened a new management training center and dormitory in eighty four , pennsylvania , and throughout the year store managers and other employees from all over the country attended three - day training sessions .
under maggie , 84 lumber reached the $ 1 billion plateau in annual sales . much of the success was due to a renewed commitment to contractor sales , which at 25 percent of the company ' s business would climb over the ensuing five years to account for 75 percent . the purchasing executives also anticipated a shortage of materials in 1993 and took steps to make sure that 84 lumber had inventory . many of its competitors were left short . building on this success , maggie would lead 84 lumber to record - breaking sales for the next six years , topping $ 1 . 8 billion in 1999 .
take a look at some of the ways we ' ve built hope for so many over the years in the areas of community involvement , housing and education – three areas of focus for 84 lumber .
the full , uncut 84 lumber super bowl promotional film . see a mother and daughter’s symbolic migrant journey towards becoming legal american citizens . contains content deemed too controversial for the original ad and banned from broadcast .
you will not often see joe hardy without a cigar between his teeth and the 2004 philanthropist of the year ban & dash ; quet in joe’s honor was no exception . as joe sat at the head table listening to others recount stories of the early days of 84 lumber and give just a few examples of the tremendous gifts he and 84 lumber have made to local charities , he continued to chew on his cigar .
84 lumber just aired its immigration - themed super bowl ad , plus the conclusion of the ad ' s story on its website , which the construction - supply company billed as
too controversial for tv .
following the ad’s release , traffic to 84 lumber’s website was so intense that the site crashed , people reported . according to its website , 84 lumber is “the nation’s leading privately held supplier of building materials , building supplies , manufactured components and industry - leading services for single - and multi - family residences and commercial buildings . ” the company is headquartered outside of pittsburgh and operates more than 250 stores across the u . s .
, pennsylvania , 84 lumber company is the nation ' s leading privately held supplier of building materials , manufactured components , and industry - leading services for single - and multi - family residences and commercial buildings . a certified women ' s business enterprise owned by maggie hardy magerko , 84 lumber operates more than 250 stores , component manufacturing plants , custom door shops , custom millwork shops , and engineered wood product ( ewp ) centers in 30 states . 84 lumber also offers professional residential and commercial contractors ' turnkey installed services for a variety of products including framing , insulation , siding , windows , roofing , decking , and drywall . for more information please visit
84 lumber said last month the first cut of its ad was rejected by super bowl broadcaster fox for being too political . the ad had featured a
wall
blocking people from looking for work in the us .
unlike the network fox , which ruled thumbs - down on the 84 lumber spot a few weeks before the super bowl , leaving the agency scrambling to retool , there was no heads - up from the nbc show .
some observers read a political subtext into a concept announced several weeks after trump’s surprising win in the presidential election that was fueled in large part by blue collar voters in areas like western pennsylvania , the home of 84 lumber .
we had water damage in our kitchen and had to replace all the kitchen cabinets . we worked with brandt , who is in the ruskin , florida 84 lumber company store . he was wonderful to work with . he helped
the company continued to purchase wood in the united states and in canada . about one - third of its stores were served by railroad , some with direct rail service right to the yard . other 84 lumber stores were supplied through reload centers , where freight from a rail car was loaded onto trucks or further rerouted by rail . this latter practice allowed the company to reduce inventory at a single 84 yard by splitting railcar loads among several yards rather than sending an entire carload to one yard . the reload centers also allowed the company to send both lumber and plywood to its lumber yards . a reload center in aurora , illinois served 84 lumber yards as far east as ohio and as far south as st . louis , missouri ; charleston , west virginia ; and charlotte , north carolina .
* 84 lumber company is an equal opportunity / affirmative action employer . all qualified applicants will receive consideration for employment without regard to age , race , color , religion , sex , national origin , disability , or protected veteran status . applicants who require assistance applying for a position , please call 724 - 288 - 9024 . please click here for more information regarding 84 lumber ' s equal opportunity employment policy . equal opportunity is the law poster , poster supplement .
that wasn’t the full story . the super bowl ad asked viewers to visit the 84 lumber website if they wanted the rest of the story . the website version included a five - minute “director’s cut” version that concludes with the pair entering the united states through a door in a towering border wall , a direct take on one of the most combustible topics in the country today . viewers logged on to see , and 84 lumber’s site was overwhelmed by the traffic .
, president and owner of 84 lumber .
with our national footprint and commitment to the dedicated do - it - yourselfer , we are uniquely positioned to become a part of this new path to homeownership , and are excited to offer
84 lumber also announced it had hired paul yater as its chief information officer , promoted david cochran to vice president of store operations , jason hinten to vice president of installed sales , and jim barbes to vice president of national sales .
adamson called 84 lumber’s commercial “a miss , ” because like several other advertisers , it was trying to attach itself to a social issue instead of pushing its product . he calls the tactic “borrowed interest , ” and said it usually backfires .
schapiro said 84 lumber is prepared for a strong , negative reaction to its ad :
there are always different points of view and the brand respects those points of view and understands not everyone is going to agree on every issue .
the pennsylvania - based building materials company has been working with pittsburgh agency brunner to create an ad that would fit owner and president maggie hardy magerko ’s hope of recruiting new talent and building brand awareness as 84 lumber expands its national presence .
84 lumber will offer four tiny home models under three packages to accommodate dedicated do - it - yourselfers who want to build their own houses , those who want a move - in ready home , and everyone in between . each model can be customized and all range in size from 150 square feet to 200 square feet ( the typical u . s . home is about 2 , 600 square feet ) . 84 lumber brings more accessibility and affordability to the tiny home market by delivering
in 1991 , hardy reclaimed a more active role as head of the company and designated his daughter maggie as his heir - apparent to the company presidency . he halted the expansion plans and recommitted the company ' s merchandising efforts to the lumber business . but the increasing number of home improvement superstores was still an impediment to 84 lumber ' s growth . hardy ' s response was to diversify into do - it - yourself home and kitchen design centers . in 1991 , 84 lumber opened 24 new kitchen design centers , which featured state - of - the - art computer technology for designing kitchens and baths .
after submitting its first - time super bowl ad to fox for approval , 84 lumber was sent back to the drawing board when the commercial was rejected , according to michael brunner , ceo of the agency behind the spot , pittsburgh - based bruner .
a portion of 84 lumber’s clientele is selling building supplies to mom - and - pop and midsize local contractors . many small home repair business and builders and laborers are first generation immigrants to the united states . the commercial probably spoke loudly to them .
the 61 - year - old company , based 20 miles south of pittsburgh , is the largest privately held building materials supplier to professional contractors and build - it - yourselfers in the u . s . , but wants to get its name out to a wider audience . 84 lumber has more than 250 stores spanning 30 states and is expanding westward . it plans to add at least 20 new stores this year and needs to add staff . at present , 84 lumber employs about 5 , 000 .
maggie hardy magerko , 84 lumber’s president and owner , told the new york times she couldn ' t understand why it was censored . “i’m flabbergasted by that in today’s day and age . it’s not pornographic , it’s not immoral , it’s not racist . ”
when 84 lumber set about making an ad for the super bowl , the company didn’t expect that their full commercial wouldn’t make it to air . but fox forced the pennsylvania - owned company to cut the ending of the spot , which follows a mother and daughter on a vague “journey north . ” the ending was then supposed to be available on 84 lumber’s website , which , shortly after the first part of the commercial aired on fox , crashed as curious super bowl viewers rushed to find out what happened next .
today , 84 lumber operates 453 stores in 34 states , employs more than 6 , 500 associates , and opens about 25 new stores every year . the company went from having practically zero contractor salespersons before the survivor’s speech to more than 1 , 500 today .
perhaps the biggest change , one that would have the most impact on 84 lumber in the future , was the introduction of its new ' 84 plus ' store - - a radical departure from the company ' s traditional warehouse approach . aimed at the contemporary do - it - yourselfer , the suburban suv rather than the rural pick - up truck customer , the 20 , 000 - square - foot , consumer - friendly units devoted half of their space to a hardware store that offered an expanded line of supplies and a showroom that showcased kitchen , bath , door , and window displays . in december 1999 the company announced that it planned to open 50 84 lumber plus stores each year for the next three years , as well as begin converting old units to the new format . if the building program is a success , 84 lumber will boast 500 stores and be well positioned to continue its pattern of increasing sales .
to help you with budgeting , your 84 lumber associate has instant package pricing available on all of these homes , and can quickly provide you with a written materials estimate . of course , you can tailor your materials package as needed to suit your taste and budget .
telling the tale of a mother with her young daughter and their trek across mexico in hopes of a haven in the united states , the 84 lumber commercial aired in part sunday night . the company directed viewers to its website to view the conclusion of the story .
building supplies company 84 lumber tackled a heap of controversy over the weekend with its carefully - crafted — yet inconclusive — 90 - second super bowl ad featuring a mexican mother and daughter embarking on a difficult journey north that left the viewer wondering where they ended up .
speculated that 84 lumber and brunner deliberately submitted an ad that would be rejected to build up the pr momentum before game day — not least because the ad is being delivered in two parts , meaning production would have needed to begin long before fox rejected the spot .
we maintain an extensive inventory of lumber and plywood in order to fulfill your materials lists quickly . whether it ' s a small package or truckloads of materials , you can be assured that we have the high - quality , defect - free lumber you need in stock .
84 lumber will support you throughout your home building process with the commitment of highly trained and motivated associates . from the store associate who prepared your estimate to the yard person who prepared your deliveries , rest assured that we focus on the needs of you and your builder .
rob schapiro , chief creative officer of 84 lumber ' s ad agency brunner , told business insider the ad intended to make a
patriotic
statement and aimed to make the company a household name throughout the country as it expands and opens more stores in the us .
taking the original spot to 84 lumber’s website “seemed to be the best strategy we could employ , ” he said . “it was interesting as well to take people to the website because , without doing that , it would have ended where people saw it on tv . ”
joe’s friend of over 50 years , dan hixenbaugh , drove from florida to honor his good friend and former boss . dan told stories about the many gimmicks joe devised to attract more customers to store openings . dan was responsible for the publicity surrounding the openings of new 84 lumber stores , and so it was dan who was responsible for implementing joe’s gimmicks . the audience laughed at hearing about the paul bunyan games , a series of outdoorsy related events that customers could compete in to win cash prizes , and of the 84 lumber blimp that got away .
founded by joe hardy in 1956 in the town of eighty four , pennsylvania – where the original store continues to operate – 84 lumber company ( www . 84lumber . com ) is the largest privately held building materials supplier to professional contractors in the country . the company operates more than 280 locations in 33 states across the united states , including four component - manufacturing plants . with nearly 3 , 800 associates nationwide , 84 lumber company provides professional contractors with quality building materials and industry - leading services , such as risk insurance , financing , and builder plan services .
ordahl said it’s a delicate balance to make your message interesting without turning people off . he singled out automakers kia and honda for lighthearted pieces that dealt with weighty topics like the environment and capturing the human spirit . ordahl said 84 lumber landed on the gloomier side of the ledger .
as the business expanded , hardy and his brothers became sole owners of 84 lumber , and the company entered a new phase of expansion throughout the 1960s . this expansion was accomplished largely by keeping overhead low and adopting a ‘no frills’ warehouse - style approach to most of the stores .
in 2013 , 84 lumber increased sales 27 percent over the prior year , generating $ 2 . 1 billion in revenue . in 2016 , the company continues to expand and has recently announced plans to open at least a dozen new stores and manufacturing facilities in the western united states .
last month , fox rejected the first ad submitted by 84 lumber because it featured a border wall—a structure that may be too controversial at this time given the political promises of president trump . the company is working with pittsburgh - based brunner , its agency partner of more than five years .
he continued : “84 lumber challenged us to create a thought - provoking 90 second spot that would tell the world who 84 lumber is and what they stand for—a company looking for people with grit , determination and heart , no matter who they are , where they come from , or what they look like . and while that full story will no longer be told on tv at the super bowl , we all believe too strongly in that message to leave it on the editing room floor . so we are going to launch it during the super bowl and make the full story available online . ”
84 lumber , based in eighty four , penn . , had planned to air a 90 - second spot carrying a heavy message of job recruitment as it tries to ramp up its 5 , 100 - employee base . the ad is slated to run before halftime at the feb . 5 event .
cicero believes 84 will pass stock lumber , in part , because of hardy’s personality .
he definitely has an intensity . he is just as intense as he ever was . his intensity makes your intensity go up ,
says cicero , who is now the company’s vice president of store operations .
it was such a dark , dark , dark time ,
she says , wearing a pullover windbreaker and her signature diamond earrings in a drab boardroom at 84 ' s rural headquarters in eighty four , pa . ( the business is named after the town , which changed its name from smithville in 1884 ) . if 84 lumber ' s revenue had teetered the wrong way by $ 500 , 000 during the worst of it , a six - month stretch from late 2008 through may 2009 , she would have been forced into not just corporate but personal bankruptcy . on paper she was basically broke . six years later she ' s back , with a smarter , leaner 84 lumber and a net worth estimated at $ 1 . 2 billion .
84 lumber established its roots in eighty four , pa in 1956 when founder joe hardy , in conjunction with his two brothers , norman and bob hardy , and family friends ed ryan and jack kunkle , pooled together $ 84 , 000 in funds to purchase land and buildings for a new “cash and carry” lumberyard : customers paid by cash or check ; if merchandise was unable to be “carried” out , an additional charge was implemented to have the item personally delivered .
they don’t stock anything . thus marking up as the middle man . they don’t own their own trucks , making the truck leasing co not 84 employees .
for over 20 years , 84 lumber founder joe hardy has hosted an annual golf tournament to benefit the boy scouts council of westmoreland and fayette counties in southwestern pennsylvania . over the years , this event has raised in excess of $ 1 . 5 million to help the scouts fund programs and activities . watch video .
through our building hope program , 84 lumber has actively supported local , regional , and national charitable organizations ranging from volunteer fire departments , to chapters of the red cross and united way , to the national efforts of habitat for humanity . our long - standing commitment for the community can be seen and felt surrounding each of our 250 store locations and that passion comes from the ground up . it starts with our employees and is embraced by the leaders of 84 lumber . we’re proud to announce that in 2016 alone , we donated more than 1 . 3 million to a variety of charitable causes and that corporate giving starts with you .
in a recent faculty newsletter at the university of maryland , henry c . boyd iii , marketing professor in the robert h . smith school of business , analyzed 84 lumber’s strategy . boyd said it’s not uncommon for brands to push the envelope with super bowl ads to get some extra publicity out of the expensive buy .
includes the architectural blueprints for one of the tiny home models , a materials list , and a trailer built to meet the requirements of the selected house . the trailer will be outfitted with a subfloor and ready for walls . all materials on the list and essentials to build a tiny home can be purchased at a local 84 lumber .
84 lumber will make the original , rejected ad available online on feb . 5 , the day before super bowl li . while the
full story will no longer be told on tv at the super bowl , we all believe too strongly in that message to leave it on the editing room floor ,
said mr . brunner .
“anytime you talk about advertising , you try to tap into pop culture , ” radick said , explaining why 84 lumber ventured into such a combustible topic as immigration . “to ignore politics and say we can’t talk about anything controversial because we can’t take the risk of offending anyone , we then end up with a really bland message . ”
in 1990 , chief operating officer jerry smith joined 84 lumber . in an effort to refocus the company , he drafted a mission statement clarifying the goals and values of the company and communicating its character to associates , vendors , and consumers . the mission statement said , in part , that ' 84 lumber is dedicated to being the low - cost provider of lumber and building products to residential builders , residential remodelers , and dedicated do - it - yourselfers , while adding value to our products through trained , knowledgeable and motivated associates . ' the company further hoped to gain an edge through personalized service , inventory maintenance and competitive prices , and growth and strong leadership . associates began carrying laminated business card sized copies of the mission statement in their pockets , and messages posted throughout company buildings and in an employee newsletter reminded associates of company goals and plans .
in its approach to materials purchasing , 84 lumber opted to switch to a centralized system for its hundreds of lumber yards during this time . the company had tried unsuccessfully to implement such a system in the mid - 1970s , but had quickly returned to regional and store purchasing . regional buying had allowed more market awareness since inventory could be tailored to the specific store in response to customer demand and new markets . this splintered purchasing structure , however , also meant loss of bulk - buying power . furthermore , the lack of coordination with company headquarters also meant dead inventory in stores and wide discrepancies in prices each region or store paid for its products . when company management decided to institute centralized purchasing , it also moved operations , accounts payable , and sales from the store and regional levels and centralized them at company headquarters . a team of ' purchasing managers ' was formed from former store managers familiar with operations at the store level . purchasing managers developed expertise in specific product categories . vendors had not been in the habit of making site visits to 84 lumber stores , but with the new arrangement , they were encouraged to train 84 lumber sales associates and aid them in merchandising . stores adopted vendor suggestions for improving efficiency .
in 1999 the company also took major steps to increase its domestic business . 84 lumber introduced a new design center called maggie ' s building suggestions showroom , a 17 , 000 - square - foot facility located in pittsburgh . the interactive center , geared toward homeowners , builders , designers , and architects , featured a showroom with hundreds of home products and décor , as well architectural consulting services , multimedia conference rooms , and staff designers . in 1999 84 lumber opened two installed sales centers and announced plans to open several more . the centers would then support outlets on a regional basis . builders would be able to leave blueprints , materials list , sketches , or just ideas at a local 84 lumber store , which would then forward the information to the installed sales center , which would estimate the materials and cost . within 48 hours a delivery could be made to a contractor ' s site . the company also instituted a 30 - day price guarantee that allowed builders to lock in a price and take delivery as needed without incurring any extra charges .
several [ advertising ] industry veterans ,
who spoke to adweek earlier this month speculated that 84 lumber and brunner deliberately submitted an ad that would be rejected to build up the pr momentum before game day — not least because the ad is being delivered in two parts , meaning production would have needed to begin long before fox rejected the spot .
if the company wanted attention , it certainly got it . radick said the 84 lumber website traffic ballooned to 300 , 000 views within minutes of the commercial airing just as the first half of the super bowl between the atlanta falcons and the new england patriots ended . there were 6 million attempts in the first hour , which slowed access to the video .
as part of its 2006 initiative to help the gulf coast recover from hurricanes katrina and rita , 84 lumber funded the construction of 10 homes in new orleans’ musicians’ village in conjunction with the southern governors’ association ( sga ) . musicians’ village , located in the devastated 9th ward , is spearheaded by new orleans’ musicians , harry connick jr . and branford marsalis .
evidently , hardy and his daughter maggie hardy magerkowhom hardy had just brought into the business as his heir apparentrealized that when it came to home - improvement customers , home depot and lowe’s were the goliaths and 84 lumber was david . rather than confront the two powerhouses directly , hardy and his daughter devised a different strategy : find a different customer , the homebuilder .
we are in ny working from texas . 84 in webster texas is on point . they are customer service branded . i dealt with the one in patchogue ny on a larger commercial
with costs for a 30 - second super bowl spot estimated to be $ 5 million , the 90 - second video is an expensive ploy for 84 lumber , which reportedly had sales of $ 2 . 5 billion in 2015 . that year , the brand spent some $ 775 , 000 on measured media in the u . s . , according to kantar media .
schapiro said :
[ the message behind the ad ] is that in this great land of opportunity , 84 lumber is a company of opportunity . with this expansion will come an ongoing recruitment campaign , and on this journey we depicted characters who embody the traits and characteristics they are looking for in their people : strong will , determination , and hard - working people .
the company will have four
targeted divisions ,
in the central , mid - atlantic , southeast and southwest portions of the country . the central division , for instance , will have 90 stores in pennsylvania , new york , west virginia , ohio and virginia . it ' s the largest number of stores in a division , according to a news release from 84 lumber .
in 1992 , 84 lumber launched a new concept entitled 84 affordable homes across america , a line of do - it - yourself homebuilding kits . hardy was willing to double the company ' s long - term debt to $ 80 million to back the new enterprise , which consisted of 30 home models in a price range of $ 39 , 900 to $ 59 , 900 ( not including the cost of the lot ) . included in the price were all the supplies necessary for the structure itself as well as the costs of excavation , plumbing , wiring , and heating .
in 2002 , the company exceeded $ 2 billion in annual sales for the first time in history and continued its impressive sales growth throughout the early 2000s . however , when the housing market crashed in 2009 , 84 lumber – like most organizations associated with the construction industry – suffered significant losses . difficult decisions were made to save the company , and efforts to avoid bankruptcy were ultimately successful .
the final direction of the ad is unclear , which could be a smart strategy for the 61 - year - old , family - run company headquartered in eighty four , penn . the president of 84 lumber has said that the ad is meant to serve as a recruiting tool , specifically for men age 20 - to - 29 . it will kickoff a yearlong campaign on that theme .
84 lumber is not the only brand covering the theme of immigration during the super bowl this year . budweiser is airing a 60 - second ad that follows anheuser - busch cofounder adolphus busch ' s difficult journey from germany to the us in the mid - 1800s — including some of the prejudice he encountered before he went on to create what is now the world ' s largest brewer .
the company has aggressive expansion plans for 2017 , smiley said , and is expecting to open 20 new locations primarily in the western part of the country . the company already has 250 locations and was named one of forbes’ largest private companies in america in 2016 . 84 lumber decided to purchase its first super bowl ad this year to increase recruitment and national brand awareness as the business expands .
in 1991 , hardy turned over 40 percent of the 84 lumber stock to maggie . within two years she would be named president . at 27 years old , she faced a tough challenge replacing her father . she had no college degree and her only management experience was at the nemacolin woodlands golf , spa , and conference center . hardy maintained , however , that maggie , the youngest of his five children , displayed more of an aptitude and interest in business than her older siblings . in fact , since the age of five she had spent time with her father on the job and over the years accompanied hardy at new store openings and on - site inspections . she worked for a time in her early twenties at the bridgeville , pennsylvania store to become familiar with everyday operations at 84 lumber .
84 lumber , the building supplies company whose first super bowl spot was initially rejected by fox for being too political , has released the revised version . the conclusion of the 90 - second spot , which will air in the second quarter , is shrouded in mystery and is ostensibly meant to direct viewers to urltoken , where the entire story , including the video nixed by fox , will be posted .
the solution was to show the original ending on 84 lumber’s website . interest was so intense that more than 6 million requests were received in the first hour after the ad aired , just before halftime , and there were more than 17 million video views during the week , brunner said . it was the no . 1 trending spot on both youtube and twitter on super bowl sunday , feb 5 .
yet , according to a report published by campaign on tuesday , fox sports declined to run the first version of the ad submitted by 84 lumber and its agency partner brunner . sources claimed the initial creative summary included a wall preventing would - be employees from crossing an unspecified border , thereby mirroring president - elect donald trump’s campaign promise to build a physical barrier between the u . s . and mexico .
“borrowed interest is glomming on to subject matter not related to their brand or business to try to grab attention , ” adamson said . “you end up with ads people remember , but it doesn’t drive their business . people may remember 84 lumber , but they won’t run out and patronize the product . they also botched the execution when their server crashed . they left lots of money on the table . ”
the final direction of the ad is unclear , which could be a smart strategy for the 61 - year - old , family - run company headquartered in eighty four , penn . the president of 84 lumber has said that the ad is meant to serve as a recruiting tool , specifically for men age 20 - to - 29 . it will kick off a year - long campaign on that theme .
meanwhile , the post - world war ii residential building boom was taking place , so , as hardy says ,
it didn’t take a genius to figure out what would happen .
somehow , he and his two brothers , norman and bob , scraped up enough money to get into the lumber business . by 1956 , in the southwestern pennsylvania town called eighty four , the hardy’s opend a lumber store bearing the town’s name .
the meeting was supposed to be like all the others . three or four times a year , the 50 - or - so area sales managers of 84 lumber would congregate at the company’s world headquarters locatedwhere else ? in tiny eighty four , pa . during these sales meetings , they would typically discuss how the privately held building materials retailer was performing , they would establish goals , and they would devise a strategy for accomplishing those goals .
“84 is trying to tap into these social issues , ” ordahl said . “i’m not beating them up . everyone is trying to navigate this . people like content but don’t want a preachy , school marm approach . ”
“our industry is going through a period of extreme disruption . and i’ve always preferred to be the one doing the disrupting , rather than the one being disrupted , ” hardy magerko said in a statement . “but to do that , we need to hire and train people differently . we need to cast a wider net , and to let the world know that 84 lumber is a place for people who don’t always fit nicely into a box . ”
i built this damned thing and didn’t have any money , that’s how sophisticated i was ,
hardy jokes . he helped his cash flow by instituting a cash - and - carry policy and a deposit - in program . for the deposit - in program , he locked in lumber prices and offered a cash discount for customers who paid up front , even when they didn’t need all the lumber delivered immediately . it was a good deal for the customer , because the price of lumber can escalate quickly , and it was a good deal for hardy , because he
didn’t have any money
and he had a large enough inventory to protect himself against price hikes .
84 lumber wasn’t alone in the super bowl ad pile on . many other big brands , from beer giant anheuser - busch inbev to audi , airbnb and kia autos used their super bowl time — at $ 5 million per 30 seconds — to break through . the challenge is to get viewers , whether they are chatting at a party or standing among a scrum at a bar , to pause and take notice — and maybe talk about it later .


mastec , inc. is an american multinational infrastructure engineering and construction company based in coral gables , florida .

limited to the engineering , building , installation , maintenance and upgrade of energy , utility and communications infrastructure , including electrical utility transmission and distribution , power generation , natural gas and petroleum pipelines , wireless , wireline and satellite communications , wind farms , solar farms and other renewable energy , industrial infrastructure and water and sewer systems .

its customers are primarily in the utility , communications and government industries .

the company 's core services are the engineering , building , installing , maintaining and upgrading of infrastructures .

the company was founded by jorge mas canosa , father of current ceo jose mas , and it was listed on the nyse in 1998 .

mastec , inc. is the second largest hispanic-owned company in the united states , and has over 20,000 employees in north america .

mastec

principal subsidiaries : mastec north america , inc . ; mastec brazil s . a .
glassdoor has 339 mastec reviews submitted anonymously by mastec employees . read employee reviews and ratings on glassdoor to decide if mastec is right for you .
( 98 % owned by mastec , inc . ) ( 2 % owned by mastec international holdings , inc . )
mastec , inc . - company profile , information , business description , history , background information on mastec , inc .
mastec is phasing out individual company branding in its wireless division and is providing those services under a single organization known as mastec network solutions .
, inc . and mastec brazil , s . a . still , for fiscal 2001 mastec posted a loss of $ 92 . 35 million in revenue
mastec inc is a small business with 20 to 49 employees . categorized under telephone communications , mastec inc has an annual revenue of $ 5 to 10 million . mastec inc is a public business located in pittsburg , ks .
mastec goes public ; its stock is traded on the new york stock exchange .
formerly known in the marketplace as nsoro mastec , optima network services , camcom , mastec network services , dynamic tower services , data cell systems , and dynis .
approximately 70 % of westower’s business is where mastec has limited or no business .
1 mastec front desk receptionist jobs in cape coral , florida found on monster .
follow changes in mastec , inc . executives ' and board members ' employment .
in 1996 , mastec bought sistemas e instalaciones de telecomunicacion , s . a . (
mastec provides turnkey solutions for a variety complex civil infrastructure projects or specialized foundation construction .
mastec price target raised to $ 47 . 50 from $ 36 at craig - hallum
mastec acquires canadian oil and gas pipeline and facilities contractor big country energy services inc .
mastec acquires canadian oil and gas pipeline and facilities contractor big country energy services inc .
burnup & sims ( b & s ) , earliest forerunner of mastec , is founded .
wireless contractor mastec network solutions was one of those heralded for their “commitment to collaboration . ”
credit suisse analyst jamie cook started mastec with a neutral rating and a $ 42 price target .
mastec specializes in providing infrastructure and engineering services for the government , home security and telecommunication industries .
sign up for equilar boardedge and view profiles of mastec , inc . executives and board members .
cnw | mastec acquires canadian oil and gas pipeline and facilities contractor big country energy services inc .
communications , electrical and natural gas distribution infrastructure . mastec – utility services * . . . .
mastec has acquired halsted communications ltd . , a residential installation contractor whose primary customer is directv .
mastec has been involved in some of the largest and most complex infrastructure construction projects across the country .
the following mastec entities have current openings , please select an entity based on your area of interest .
it will also assist mastec in additional implementation for its largest wireless carrier client , at & t .
. the similar entrepreneurial histories , blended cultures , experienced operators and powerful strengths of burnup & sims and church & tower , now mastec , fuel the growing momentum that will drive mastec into the next century .
mastec chairman mas canosa died in 1997 ; his son , jorge , jr . , succeeded him . newly acquired sintel allowed mastec to profit from the now deregulated spanish market and establish itself in latin america , primarily in the rapidly growing telecom markets of argentina and brazil . in july 1997 the company formed mastec inepar and held a 51 percent interest in the brazilian company . by the end of the year , mastec had acquired 16 domestic and three foreign companies . the following year , as part of a consolidation plan , mastec sold 87 percent of sintel and developed a company - wide marketing plan to emphasize the mastec brand name .
s chairman and jorge mas was named president and chief executive officer . mastec was now a regarded as a
mastec provides turnkey solutions for water & sewer , and distribution transmission systems , including treatment plants and facilities .
at mastec , you can get involved with projects ranging from alternative energy to national security and land development .
the delayed start of its ruby pipeline will shift revenue and margin into the fourth quarter , mastec said .
mastec , inc . 800 s . douglas road 10th floor coral gables , fl 33134 305 . 599 . 1800
s chairman , and jorge mas was named president and chief executive officer . mastec was now a regarded as a
, venezuela . furthermore , video cable comunicacion , s . a . awarded a design - build contract to mastec
( 99 % owned by dresser acquisition company ) ( 1 % owned by mastec international holdings , inc . )
but during the same week that 2 . 4 million wsj readers were being informed about mastec’s commitment to excellence , at & t put a freeze on almost all of mastec’s work if it wasn’t already shovel ready or in progress .
the next acquisition for mastec occurred in 2012 when it purchased louisiana - based dynamic tower services , inc . , a self - perform wireless construction contractor , which further increased mastec’s capability to vertically integrate their wireless infrastructure construction services .
coming into thursday ' s second - quarter financial report , mastec investors had high hopes for solid gains in revenue and earnings . yet even mastec itself seemed surprised by just how well it did during the second quarter . let ' s take a closer look at mastec and what its latest results say about the company and its industry going forward .
mastec , inc . .
international directory of company histories . . retrieved july 09 , 2018 from urltoken urltoken
mastec , inc . .
international directory of company histories . . retrieved july 09 , 2018 from urltoken urltoken
todd joined mastec network solutions as the director of operational finance in june 2011 and was promoted to cfo in 2015 .
goodman networks is not the first turfing contractor to hire a key at & t executive . mastec network solutions hired rick suarez who was at & t’s southeast vice president of construction and engineering . he currently serves as mastec network solutions’ president .
in a reverse acquisition , ctf acquires 65 percent of b & s , which changes its name to mastec , inc .
management at mastec decided to divest some b & s acquisitions not related to its core operations , specifically floyd theaters , lectro products , and southeastern printing . the proceeds were used to reduce debt and finance the acquisition of other companies related to mastec
s operating expenses and enhanced service capability in the region . mastec won new contracts to install telecommunications networks in the dallas /
in a major acquisition , mastec bought sintel , s . a . , the engineering and installation unit of telefonica de espa
communication technology is constantly evolving , and mastec is not only keeping pace with that evolution , we ' re driving it .
mastec constructs a full range of oil & natural gas pipelines and transmission systems , from the wellhead to the end user .
mastec network solutions 806 douglas road , suite 1100 , coral gables , fl 33134 + 1 . 866 . 545 . 1782
mastec was created from the combination of two telecommunications construction and service companies with similar entrepreneurial spirits - - burnup & sims and church & tower . . . . the similar entrepreneurial histories , blended cultures , experienced operators and powerful strengths of burnup & sims and church & tower , now mastec , fuel the growing momentum that will drive mastec into the next century .
domestically , through its aggressive acquisition strategy , mastec acted as a consolidator of thousands of mom - and - pop operators to create a national network of contractors that could provide service wherever it had clients . mastec provided outside plant services to local exchange carriers
since joining mastec in 1994 , ramon has held several senior management positions and has contributed to the implementation of administrative and operational procedures for various mastec divisions nationwide . ramon is credited with developing the wireless and central office ( ef & i ) service lines within mastec and later served as president of the network services group which encompassed wireless , ef & i and enterprise network services .
- - - - - - ,
s & p downgrades mastec bonds ,
miami herald , march 18 , 2003 .
mastec celebrated by offering its employees a new stock - purchase program that enabled them to buy stock at a 15 percent discount .
mastec derived a large amount of its revenue from telecommunications clients . however , as rolf boone observed in a 2002 article in the
s information technology functions . as a result , mastec was refocused on telecom , broadband , intelligent traffic systems , and energy .
mastec then acquired utility line maintenance , inc . , a company engaged in clearing right - of - ways for utilities in southeastern
launch your career with mastec network solutions and gain access to a variety of opportunities in a challenging , rewarding and innovative environment .
dan caplinger has no position in any stocks mentioned . the motley fool recommends mastec . the motley fool has a disclosure policy .
as leaders in smart grid technology installation , mastec is assisting utility companies to optimize their existing network of substations and switchyards to meet increasing power demands . mastec upgrades and / or integrates new equipment to facilitate more efficient and reliable energy distribution through monitoring systems .
( catv ) communications systems , public utilities , and the traffic - control and highway - safety industry . additionally , mastec builds coaxial fiberoptic cable networks and wireless - antenna networks . inside buildings , the company installs and maintains telecommunications equipment and communications networks . mastec
lunan , charles ,
mastec buys firm in spain ,
sun - sentinel , april 2 , 1996 , p . d2 .
with more than 300 offices throughout the united states and canada , mastec employees have the flexibility to work in a variety of locations .
part of mastec’s success has been through buying underperforming companies , and mas said that he believes the westower transaction will follow that model .
keybanc analyst tahira afzal said ferc aprpoved the commencement of construction on the bulk of the rover pipeline , which should address some lingering concerns for mastec surrounding the timeline . afzal said the approval adds comfort around mastec ' s near - term earnings outlook and his estimates .
mastec has a solid long - term capital structure , with low rates and no significant near - term maturities . as of year - end 2016 , mastec had liquidity of over $ 440 million , which provides full financial flexibility to take advantage of various growth opportunities .
mastec network solutions | 806 douglas road , suite 1100 , coral gables , fl 33134 | + 1 . 866 . 545 . 1782
management at mastec decided to divest some b & s acquisitions not related to its core operations , specifically floyd theaters , lectro products , and southeastern printing . the proceeds were used to reduce debt and finance the acquisition of other companies related to mastec ' s core business .
mastec began to consolidate its many subsidiaries into two major groups : mastec north america , inc . and mastec brazil , s . a . still , for fiscal 2001 mastec posted a loss of $ 92 . 35 million in revenue - - due primarily to increases in bad debt expense of $ 182 . 2 million during the year . in august of that year , citron resigned and was replaced as president and ceo by austin j . shanfelter . a new executive vice - president and cfo , donald p . weinstein , was named in january 2002 .
boone , rolf ,
mastec focusing on new options for cable news ,
wenatchee business journal , october 2002 , p . s4 .
s recovery . mastec management was similarly hopeful , even confident , that the company was well - prepared to increase profits and cash flow .
mastec , inc . .
international directory of company histories . . encyclopedia . com . ( july 9 , 2018 ) . urltoken
mastec , inc . .
international directory of company histories . . encyclopedia . com . ( july 9 , 2018 ) . urltoken
from the electric power plant , to the substations and to your business and home , mastec consistently delivers successful electrical transmission and distribution services .
mastec network solutions is the primary wireless construction vendor for a major wireless carrier in the southeast and mid - west regions of the country .
mastec did not provide the purchase amount they paid for dts and it is expected that they will not provide that information for data cell .
todd believes that mastec is well positioned to capitalize on all of the opportunities that come from the change and perpetual growth of the telecom industry .
rick suarez leads mastec network solutions , a worldwide telecom industry leader , as group president . he is responsible for the financial well - being of the company , business growth , and bottom line performance . rick has the overall responsibility for planning and implementing the strategic direction of mastec network solutions .
during his tenure at the “parent company” , ramon served as senior vice president of business development for mastec , inc . in this role , ramon was responsible for new business opportunities while expanding existing business relationships across all divisions of the mastec family of companies and across several industries , including governmental agencies . ramon also served as director of diversity where he oversaw mastec’s minority supplier development program and built strong strategic alliances with various regional minority councils nationwide .
s leading companies of its kind and the fifth - largest hispanic - owned public company . to express their entrepreneurial spirit as concisely as possible , mastec
contracts poured in . ibm chose mastec to install and maintain services for its rapid network deployment program , a project that meant installing more than 1 , 200 medical kiosks in hospital emergency rooms . comcast cable communications awarded mastec a five - year contract to help build an advanced fiber - optic network in comcast territories . the state of florida chose mastec to design and install an end - to - end fiber optic network along 2 , 200 miles of florida
at mastec , safety isn & apos ; t just a priority - it & apos ; s a core value . safety is a mindset and an attitude that all mastec employees carry with them on a daily basis . as a member of the nccr , national safety council , osha electrical transmission & distribution safety partnership and numerous other safety organizations and safety auditing programs , mastec is committed to continuous improvement in safety with a common goal of zero injuries .
mastec competed in the new markets created by these developments by concentrating on additional relevant acquisitions and on expansion of its core telecommunications services . in a major acquisition from telefonica - - the largest telecommunications infrastructure contractor in spain - - in 1996 , mastec bought sistemas e instalaciones de telecomunicacion , s . a . (
sintel
) . this positioned mastec to take advantage of the increased competition anticipated in europe and the rapid upgrading of telecommunications services expected in latin america . the purchase more than doubled the size of mastec , and gave it access to sintel ' s established operations in spain and in latin america .
s & p cuts mastec inc . [ bonds ] to junk status ,
standard & poor ' s ratings services , march 18 , 2003 .
mastec offers competitive compensation for professional , skilled and hourly employees . qualified mastec employees are covered by a variety of health insurance plans nationwide , with dental , health , vision care , short - and long - term disability , basic life , ad & d , and supplemental life and ad & d offerings .
mastec network solutions provides engineering , furnishing and installation ( ef & i ; ) services for several oems throughout the nation via in - house certified installers .
mastec is banking on westower’s revenues shoring up its stock and is expected to present that case during its q3 earnings call on oct . 30 , 2014 .
kevin is mastec network solutions executive vice president – west . he is responsible for turf operations and construction services in the central and west . he oversees the national program & project management office , including mastec network solutions’ national relationships with at & t , the national pricing and rfp desk , and national quality teams .
the limitations of analog networks propelled the upgrade and installation of digital networks , which were more efficient . mastec increased its penetration into this market by combining two subsidiaries
mastec supports more than 300 , 000 customers per month with staffing , training , supply chain , call center , reporting and analytics , technology solutions and more .
mastec shareholders were happy with the news , and the stock jumped more than 7 % in after - hours trading following the announcement . if the energy market can keep making progress from its recent downturn , then mastec could be in an even better position to benefit and keep its upward momentum going throughout 2017 and beyond .
although exact numbers are not available from mastec , it appears that they are now equal in wireless service employee count to the nation’s largest contractor , westower communications .
contracts poured in . ibm chose mastec to install and maintain services for its rapid network deployment program , a project that meant installing more than 1 , 200 medical kiosks in hospital emergency rooms . comcast cable communications awarded mastec a five - year contract to help build an advanced fiber - optic network in comcast territories . the state of florida chose mastec to design and install an end - to - end fiber optic network along 2 , 200 miles of florida ' s turnpike and interstate highways . from the texas department of transportation mastec won a single contract totalling $ 740 , 000 to upgrade a lighting system along the main artery linking galveston island with the mainland . acquisitions continued apace , and by 2000 mastec reported record revenues of $ 1 . 33 billion , some $ 55 . 31 million of which came from brazilian operations .
mastec competed in the new markets created by these developments by concentrating on additional relevant acquisitions and on expansion of its core telecommunications services . in a major acquisition from telefonica
jose r . mas , is chief executive officer of mastec , inc . , one of the largest and most diversified u . s . infrastructure services providers in the country . with over 18 , 000 employees in more than 400 locations across the united states , mastec generated over $ 4 . 3 billion in revenue in 2013 .
with 80 years of experience and a workforce of nearly 22 , 000 skilled professionals , mastec has the expertise and resources required to reliably deliver innovative solutions , everytime .
mastec network solutions is always looking for qualified project managers , construction manager , technicians , and accounting professionals . we offer competitive benefits and valuable training and development opportunities .
in addition , at & t’s mid - may freeze of projects that weren’t shovel - ready affected westower’s cash flow and they began laying off workers , as did mastec . within six weeks the freeze shaved an anticipated $ 45 - $ 50 million in revenues , according to mas , and mastec had to issue guidance to analysts .
although the acquisition doesn’t assist in fulfilling the workforce shortage , for mastec it could result in higher profit margins as carriers continue to offer considerable bonuses for site completions .
keybanc says that the underperformance , of mastec ' s stock in 2017 , which the firm attributes to rover pipeline concerns , has created an attractive entry point . after meeting with mastec ' s management , keybanc expects rover to be approved and thinks that strong execution by the company could enable its fiscal 2017 eps to beat expectations .
to contact mastec inc , please visit . company data is provided by s & p ; global market intelligence . please use this form to report any data issues .
safety is a mindset and an attitude that all mastec employees carry with them on a daily basis . as a member of the nccr , national safety council , osha electrical transmission & distribution safety partnership and numerous other safety organizations and safety auditing programs , mastec is committed to continuous improvement in safety with a common goal of zero injuries .
“mastec is an interesting us infrastructure play as it provides essential engineering and construction facilities for electrical transmission , oil and natural gas pipelines , renewable energy and wireless networks . ”
report no . 2762 , mountain view , calif . : frost & sullivan , 1997 , 430 pp . lunan , charles ,
mastec buys firm in spain ,
mastec is one of the nation ' s leading contractors for the construction and engineering of natural gas power plants , wind farms , solar energy facilities and alternative fuel power plants .
in 1999 , jorge , jr . , retired from day - to - day operations , remaining on - board as chairman . joel - tomas citron was appointed president and ceo of mastec . although for a variety of reasons revenues slipped during this time , mastec remained one of the fastest growing communication and energy infrastructure providers in the united states in 2000 .
with a solid work history and reliability , pumpco , inc . has the ongoing commitment and understanding of customer needs to work alongside mastec for total job satisfaction . their complete range of pipeline - construction services also include maintenance , repair , retirement , and removal services , which supplies mastec with the capacity to offer our customers complete end - to - end solutions .
as mastec entered the second half of the 1990s , the telecommunications industry continued to undergo fundamental changes . the u . s . telecommunications act of 1996 , agreements among countries in the
mastec handles all private , commercial and government wireless construction projects in - house to ensure that our clients & apos ; needs remain the priority at every stage of cell tower development .
wunderlich securities rates shares of mastec ( nyse : mtz ) a buy after the company reported stronger than expected second quarter numbers . it has a $ 13 price target on shares .
mastec created a new service line that included voice and data network installations , power and gas distribution networks , telecommunications infrastructure projects , and intelligent transportation systems ; the company was awarded millions of dollars in contracts for these lines . mastec formed alliances with a number of companies ; for example , it teamed up with lucent technologies to provide infrastructure solutions to the cable television industry , and also formed an alliance with skanska u . s . a . to provide project management and telecommunications infrastructure services throughout north america . mastec also acquired several external network service providers .
mastec created a new service line that included voice and data network installations , power and gas distribution networks , telecommunications infrastructure projects , and intelligent transportation systems ; the company was awarded millions of dollars in contracts for these lines . mastec formed alliances with a number of companies ; for example , it teamed up with lucent technologies to provide infrastructure solutions to the cable television industry , and also formed an alliance with skanska u . s . a . to provide project management and telecommunications infrastructure services throughout north america . mastec also acquired several external network service providers .
mastec network solutions ( mns ) is a division of mastec that provides comprehensive services and turnkey solutions required to design , build , optimize and maintain telecommunications networks . the telecommunications industry is one of the most dynamic industries in the global marketplace today . consumer demand , technological advances , and new networking applications continue to fuel a fast paced business environment . a wholly - owned subsidiary of mastec , inc . ( stock symbol : mtz ) , mns is a telecommunications infrastructure services company that is uniquely positioned to outmatch the demands of this type of business climate .
at this time mastec was one of the nation ' s leading companies of its kind and the fifth - largest hispanic - owned public company . to express their entrepreneurial spirit as concisely as possible , mastec ' s management adopted the former burnup & sims slogan
opening the lines of communication
and added their own vision of the future :
throughout the world .
mastec utility services is a nationwide network of professionals providing critical infrastructure construction and engineering services for communications , power delivery and gas customers , 24 / 7 . utility services specializes in wireline construction for fiber and copper communications networks ; overhead and underground electric distribution for power delivery systems ; and gas distribution construction for gas systems . mastec utility services is committed to safely providing infrastructure that delivers .
the privately owned church & tower group acquired 65 percent of the outstanding common stock of publicly traded burnup & sims , inc . the name of burnup & sims was changed to mastec , inc . , the church & tower group became a wholly owned subsidiary , and the senior management of the ctf group took over leadership of the new entity ; jorge l . mas canosa became mastec
mr . mas was appointed ceo of mastec in 2007 and during his tenure mastec’s revenues have more than quadrupled and earnings have grown six fold . since assuming the top executive position at mastec , jose has diversified the company into the growing fields of oil and gas pipeline construction , electric transmission line construction , renewable energy , and wireless infrastructure construction while expanding its traditional communications business , which includes both broad - band infrastructure and installation to the home satellite services . jose mas has grown up in the business and over 20 years worked his way from the field to the boardroom .
he said that the acquisition will provide significant geographic growth , identifying that the vast majority of westower’s business is in the southwest and western part of the country where mastec has not been very strong .
nsoro also benefited from a revised purchase agreement based upon its earnings before taxes which provided a one - time $ 40 million cash payment plus 1 , 875 , 000 shares of mastec common stock .
, mastec ' s chief financial officer , commented ,
we believe that once westower ' s operations are integrated into mastec billing systems and processes , we will be able to substantially reduce overall working capital levels in these operations by as much as 20 % . we anticipate that this transaction , exclusive of merger integration costs , will be accretive to 2015 diluted earnings per share in the range of
as a worldwide - service provider , mastec network solutions takes great pride in supplying , designing , and supporting technology solutions to the commercial and government verticals . whether our customers need turnkey solutions , site modifications , maintenance , or even logistics management , mastec network solutions maintains a high commitment to safety and ensures their ability to meet our customers ' communication needs with the highest levels of reliability and quality .
as the 21st century drew near , mastec was the nation ' s leading telecommunications company for infrastructure construction and a major supplier of premise - wiring services to fortune 500 companies . in short , mastec was a world leader for the design , construction , and maintenance of leading - edge telecommunications networks and hoped to remain in that position as by
opening the lines of communication throughout the world .
we predominately operate under the mastec brand umbrella across the country , but we also operate under expertise - based entities that we’ve acquired through the years in order to grow our business and support our customers .
b & d contractors of shelby , inc . ; burnup & sims of texas , inc . ; burnup & sims telcom of florida , inc . ; church & tower , inc . ; church & tower fiber tel , inc . ; church & tower of tn , inc . ; designed traffic installation , inc . ; harrison - wright company , inc . ; kennedy cable construction co . , inc . ; mastec comtec of the carolinas , inc . ; mastec comtec of california , inc . ; mastec international , inc . ; mastec technologies , inc . ; r . d . moody & associates , inc . ; r . d . moody & associates , inc . of virginia ; shanco corporation , inc . ; sintel , s . a . ( spain ) ; utility line maintenance , inc .
next , mastec initiated a program for acquiring profitable , market - dominant companies in high - growth metropolitan areas nationwide . the first purchases were that of designed traffic installation , inc . ( an installer of traffic
. at year - end 1994 mastec had met the challenges of establishing itself as a new company ; it reported a net profit of $ 7 . 5 million on revenue of $ 111 . 29 million .
jorge mas has agreed to buy the miami marlins baseball team from owner jeffrey loria for $ 1 . 17 billion , according to a report late monday . mas , the chairman of infrastucture company mastec inc .
he said that mastec contacted ei and the sale resulted in a profit for his company . ei also owns aviation companies and manufacturing plants , but pyle said , “our performance was too dependent on westower . ”
at the time , nsoro’s primary customer was at & t and as it was handed more turfing contracts mastec’s wireless revenue grew from about $ 70 million in 2008 to approximately $ 350 million two years later .
mastec & apos ; s crews stand ready to assist in your disaster recovery efforts with established hurricane / disaster recovery services that insure the proper steps are taken to minimize potential damage resulting from severe weather events .
principal subsidiaries : b & d contractors of shelby , inc . ; burnup & sims of texas , inc . ; burnup & sims telcom of florida , inc . ; church & tower , inc . ; church & tower fiber tel , inc . ; church & tower of tn , inc . ; designed traffic installation , inc . ; harrison - wright company , inc . ; kennedy cable construction co . , inc . ; mastec comtec of the carolinas , inc . ; mastec comtec of california , inc . ; mastec international , inc . ; mastec technologies , inc . ; r . d . moody & associates , inc . ; r . d . moody & associates , inc . of virginia ; shanco corporation , inc . ; sintel , s . a . ( spain ) ; utility line maintenance , inc .
. the company has nearly 1 , 000 clients , none making up more than 10 percent of revenues . besides corporate clientele , mastec is also heavily involved with municipal , state , and federal agencies dealing with transportation , information technology , energy , and intelligent traffic systems . beginning in 2001 , mastec was refocusing its business plan onto maintenance - related businesses and , ultimately , on the needs of residential premises . the company
mastec once again raised its full - year guidance in response to favorable conditions . the company now believes that it will see sales for 2017 come in at $ 6 billion , $ 300 million higher than its previous guidance estimate . adjusted earnings of $ 2 . 73 per share would be 44 % higher than 2016 figures and adds $ 0 . 28 per share to mastec ' s earlier guidance . for the third quarter , mastec expects revenue of $ 1 . 65 billion and adjusted earnings of $ 0 . 73 , and both numbers are just a bit higher than the current consensus among those following the company ' s stock .
domestically , through its aggressive acquisition strategy , mastec acted as a consolidator of thousands of mom - and - pop operators to create a national network of contractors that could provide service wherever it had clients . mastec provided outside plant services to local exchange carriers - - such as bell south telecommunications , inc . ; united telephone of florida , inc . ; and gte corp . - - among others . by year - end 1997 , mastec had 20 multi - year master contracts with regional bell operating companies and other local exchange carriers to meet all of their outside plant requirements according to stipulated costs per job and within a specific geographic areas .
realizing that the telecommunications industry was fragmented and operated mainly by family - owned businesses , mastec initiated a program for acquiring profitable , market - dominant companies in high - growth metropolitan areas nationwide . mastec launched this acquisition program with the purchase of designed traffic installation , inc . , an installer of traffic control systems in southern florida ; and buchanan contracting company , inc . the holder of two master contracts with bellsouth in memphis , tennessee , and montgomery , alabama . furthermore , bellsouth awarded mastec contracts for telephone networks in nashville and franklin , tennessee , as well as for networks in four of north carolina ' s fastest - growing cities .
on march 11 , 1994 - - in a reverse acquisition - - the privately owned church & tower group acquired 65 percent of the outstanding common stock of publicly traded burnup & sims , inc . the name of burnup & sims was changed to mastec , inc . , the church & tower group became a wholly owned subsidiary , and the senior management of the ctf group took over leadership of the new entity ; jorge l . mas canosa became mastec ' s chairman and jorge mas was named president and chief executive officer . mastec was now a regarded as a
minority business enterprise ,
publicly traded on nasdaq under the symbol masx .
on march 11 , 1994 - - in a reverse acquisition - - the privately owned church & tower group acquired 65 percent of the outstanding common stock of publicly traded burnup & sims , inc . the name of burnup & sims was changed to mastec , inc . , the church & tower group became a wholly owned subsidiary , and the senior management of the ctf group took over leadership of the new entity ; jorge l . mas canosa became mastec ' s chairman , and jorge mas was named president and chief executive officer . mastec was now a regarded as a
minority business enterprise ,
publicly traded on nasdaq under the symbol masx .
kevin haynes began his long - standing telecom career in 1984 , after serving in the us army for many years . kevin grew that career primarily with at & t , where he held progressive positions for 24 years before joining mastec network solutions . kevin started with mastec network solutions in 2015 managing overall operations , including human resources , communications , project management organization , quality , pricing , safety , fleet , logistics , vendor management , and information technology .
ready to seize opportunities created by unprecedented changes occurring in the telecommunications industry , mastec decided to divest itself of some subsidiaries - - part of the burnup & sims acquisition - - that were not related to its core operations : floyd theaters , inc . , lectro products , and southeastern printing , inc . the proceeds from the sale of these operations was used to reduce debt and finance the acquisition of other companies related to mastec ' s core business .
, mastec ' s chief executive officer , commented ,
we are very excited about the big country acquisition . this acquisition is consistent with our recent public comments regarding our expansion plans in canada ' s dynamic energy sector .
ballston spa , n . y . - based halsted’s operations , which are primarily in new york , pennsylvania and new england , are to be folded into mastec’s install - to - the - home operations and business with directv .
mastec shares were up 6 cents to $ 17 . 59 in morning trading . the 52 - week high was $ 23 . 17 on april 26 . the 52 - week low was $ 9 . 26 on july 1 .
facing a market that had dried up , shanfelter and weinstein remained cautiously optimistic , reminding the public that mastec had predicted the downtown and was making adjustments accordingly . the company ' s project 2100 was introduced to streamline , downsize , and realize economies through strategic partnerships . another key to the plan was in outsourcing much of the company ' s information technology functions . as a result , mastec was refocused on telecom , broadband , intelligent traffic systems , and energy .
mastec canada inc . is a diversified infrastructure construction company that operates throughout canada with a focus on the four western provinces of british columbia , alberta , saskatchewan and manitoba . mastec canada offers a broad scope of services and is managed by a canadian team that has been working together for the past 12 years . our services include pipeline construction ranging from 2
- 36
; facility construction focusing on wellsites , gas plants , compressor and pump stations ; heavy civil construction , earthworks and concrete ; temporary and permanent buildings construction . primarily serving the role of general contractor , mastec canada inc . has the equipment , experience , personnel and systems to execute complex energy and industrial construction programs safely and efficiently .
by the end of 1995 the company had combined the strengths of its subsidiaries and organized its operations into three principal business segments : telecommunications and related construction services , catv infrastructure construction and maintenance , and general construction services . that year mastec
at & t provided them with no details as to when the deferred projects might resume , and mastec’s overhead hockeysticked as their revenues plummeted , forcing them to reach out to financial analysts and provide adjusted guidance for their second quarter earnings .
further , mastec’s foreign operations are primarily based in canada and mexico . thus , the company is subject to fluctuations in foreign currency exchange rates , when transactions are denominated in currencies other than the functional currencies , which might affect revenues .
mastec advanced technologies is a network of service professionals installing technology solutions to residential and commercial customers throughout the united states . we employ more than 4 , 000 technicians , serve over 125 markets and operate one of the largest fleets in the nation .
the largest hispanic - owned company in florida , mastec , inc . is a leading specialty contractor focusing on end - to - end infrastructure services for telecommunications , energy , broadband , and intelligent traffic systems for a broad range of clients in the
in its wireline and wireless communication markets , mastec expects significant expansion related to both 5g and fiber deployment , as its communications business enjoys solid growth prospects . the company also anticipates significant opportunities related to gigabit broadband initiatives , along with fiber deployment .
by year - end 1996 mastec ' s revenue had increased 171 percent , from $ 174 . 58 million in 1995 to $ 472 . 8 million in 1996 . earnings per share had increased from $ 0 . 50 in 1995 to $ 1 . 20 in 1996 . in january 1997 mastec announced a three - for - two stock split and on february 14 of that year began trading its common stock on the new york stock exchange . president jorge mas , in a company news bulletin released after the new york listing , declared that
mastec ' s joining the world ' s premier exchange is a tribute to the dedication and hard work of its 7 , 000 employees worldwide . the fact that a company formed by cuban exiles is able to trade among the fortune 500 companies is living proof that the american dream is very much alive .
mastec celebrated by offering its employees a new stock - purchase program that enabled them to buy stock at a 15 percent discount .
that were not related to its core operations : floyd theaters , inc . , lectro products , and southeastern printing , inc . the proceeds from the sale of these operations was used to reduce debt and finance the acquisition of other companies related to mastec
in early june he said that he would reassess the loss of the at & t work and might have to consider “rightsizing” , a euphemism for layoffs . and those began this week , according to a number of mastec employees who contacted wireless estimator .
one of the major drivers in the development of new distribution systems is changing technologies , such as plc controls and solid state transformers . as a leader in the deployment of distribution automation equipment , mastec is helping its customers stay abreast with evolving technologies .
another subsidiary , mastec technologies inc . , was established in 1996 to provide management services of wireless networks . in little more than a year the company installed over 130 pcs tower - and - antenna sites for pcs companies , thereby establishing state - of - the - art wireless networks in southern florida , tampa , orlando , and phoenix . by year - end 1996 mastec ' s revenues had increased 171 percent , from $ 174 . 58 million in 1995 to $ 472 . 8 million in 1996 .
mastec also thinks it will be able to sustain its recent strength . in mas ' s words ,
our current performance , coupled with significant opportunities for future growth across all of our segments , position us well for continued long - term growth .
john vento is mastec network solutions executive vice president – east . in his role john is responsible for deployment and project management organization , which includes network design , engineering , site development , site construction and integration services across the united states and puerto rico .
public company incorporated : 1994 as mastec , inc . employees : 7 , 000 sales : $ 472 . 8 million ( 1996 ) stock exchanges : new york sics : 1623 water , sewer and utility lines ; 8741 construction management ; 8742 telecommunications engineering consulting services
prior to buying out shares of church & tower in 1971 and renaming it mastec , mas canosa turned around the failing business by climbing down into ditches , manholes and trenches to observe workers’ construction methods , and working with telephone companies to meet their exacting standards .
the answer for successful companies then - - and now to accommodate lte – appears to be immediate growth through acquisition , as seen last week by the purchase of a major infrastructure contractor , louisiana - based data cell systems , by key industry player mastec network solutions .
the telecommunications act unleashed a building boom in the telecommunications infrastructure industry - - and mastec prospered . in january 1997 the company announced a three - for - two stock split and on february 14 of that year began trading its common stock on the new york stock exchange . president jorge mas , in a company news bulletin released after the new york listing , declared that
mastec ' s joining the world ' s premier exchange is a tribute to the dedication and hard work of its 7 , 000 employees worldwide . the fact that a company formed by cuban exiles is able to trade among the fortune 500 companies is living proof that the american dream is very much alive .
mastec celebrated by offering its employees a new stock - purchase program that enabled them to buy stock at a 15 percent discount .
s leading telecommunications company for infrastructure construction and a major supplier of premise - wiring services to fortune 500 companies . in short , mastec was a world leader for the design , construction , and maintenance of leading - edge telecommunications networks and hoped to remain in that position as by
mastec flirted with buying a number of wireless service companies in the mid to late 1990s , but it wasn’t until 2008 when it became a major player by purchasing infrastructure construction and maintenance company nsoro for $ 17 . 5 million plus the assumption of $ 12 million in indebtedness .
the company with over $ 3 . 6 billion in revenue was founded by jorge mas canosa , father of current ceo jose mas . mastec is the second largest hispanic - owned company in the u . s . , and has over 13 , 000 employees in north america .
craig - hallum analyst christian schwab raised his price target for mastec to $ 47 . 50 from $ 36 after the company reported better than expected results , significantly better q1 eps guidance , and introduced 2017 guidance above expectations . the analyst reiterates a buy rating on the shares .
at mastec , we understand that each job site comes with its own unique characteristics and challenges , and that planning , preparation and communication with our customers is essential to a project & apos ; s success . we have the knowledge and understanding to navigate the complex and continually changing world of regulatory demands , and our team of licensed land surveyors ( pls ) ensure that final grading is administered with the highest levels of professionalism and expertise . no matter what the surrounding environment or obstacles , mastec & apos ; s earthwork crews get the job done right .
next , mastec initiated a program for acquiring profitable , market - dominant companies in high - growth metropolitan areas nationwide . the first purchases were that of designed traffic installation , inc . ( an installer of traffic control systems in southern florida ) and buchanan contracting company , inc . ( the holder of two master contracts with bellsouth in memphis , tennessee , and montgomery , alabama . ) furthermore , bellsouth awarded mastec contracts for telephone networks in nashville and franklin , tennessee , as well as for networks in four of north carolina ' s fastest - growing cities .
mastec derived a large amount of its revenue from telecommunications clients . however , as rolf boone observed in a 2002 article in the wenatchee business journal ,
a funny thing happened on the way to ever - expanding growth and revenue - - the telecommunications bubble burst .
in its 2001 annual report , mastec management noted that
certain segments of the telecom industry suffered a severe downturn that resulted in a number of our clients filing for bankruptcy protection , or experiencing financial difficulties .
even clients not in financial difficulty began limiting capital expenditures for infrastructure projects .
to move forward more aggressively in the energy sector , the company announced that it had made an acquisition of a specialty pipeline equipment leasing company . mastec thinks that by doing so , it should be able to cut its overall equipment costs and gain a competitive advantage over its peers . at the same time , mastec also acquired a provider of infrastructure in the areas of civil engineering , water , sewer , and draining systems , and entering that market should give the company what mas termed
an exciting platform to benefit from increased demand trends in this market .
mastec constructs , installs , and maintains high service pump stations for any water and wastewater management need . whether it & apos ; s lifting potable water to a reservoir for eventual distribution to the community , or pumping treated and sanitized wastewater back to the environment , we work to ensure that all government regulations and customer requirements are met at each stage of delivery . with a continual commitment to safety and environmental stewardship , mastec & apos ; s pump station construction ensures the reliable delivery of clean water and the safe , effective removal of potentially harmful wastewater and sewage .
among other acquisitions that reinforced mastec ' s internal growth and geographic diversification were the following : the purchase of harrison wright company , inc . , a telecommunications contractor with operations and bellsouth master contracts principally in georgia and the carolinas ; and the acquisition of shanco corporation and kennedy cable construction , inc . , catv contractors providing services to six southeastern states as well as to new jersey and new york . mastec ' s subsidiaries installed a 370 - mile fiber loop for telergy , inc . in upstate new york and completed a fiber loop for mci metro in raleigh , north carolina .
to form a new company called mastec comtec , which brought single - project , turnkey , and maintenance solutions to the communications problems of fortune 500 corporations , government agencies , colleges , universities , and medical institutions . mastec comtec installed both local area networks ( lans ) and wide - area networks ( wans ) . the company was hired to fast - track construction of the enormous fiber - and - copper infrastructure of telecommunications equipment for the 1996 olympic village ; to build lans and wans for the nationwide offices of a major stockbrokerage firm ; and to install and maintain a bank holding company
and mastec prospered . in january 1997 the company announced a three - for - two stock split and on february 14 of that year began trading its common stock on the new york stock exchange . president jorge mas , in a company news bulletin released after the new york listing , declared that
at mastec , we believe our greatest asset is our people , and we & apos ; re continually looking to recruit others who reflect the professionalism , expertise , innovation and commitment to the quality that defines our culture . with more than 300 offices throughout the united states and canada , mastec employees have the flexibility to work in a variety of locations . we hire and retain managers , supervisors , foremen , equipment operators and workers who work well as part of a team , but show initiative and drive as individuals as well . our company is growing fast , and that growth offers a wide variety of opportunities for qualified , talented and motivated professionals . as part of the mastec team , you will experience exciting new projects and professional practices and cultures , further developing your skills and benefiting from an environment that & apos ; s creative , groundbreaking and , above all , supportive .
for the electrical transmission business , mastec estimates consistent improvement in results during 2017 . the company foresees 2017 as a transitional year for this segment , with anticipated improvement in end market . it also expects to see large industry awards , moving ahead , driving growth in business in 2018 and beyond .
halsted is a small tuck - in acquisition , which will give us greater economies of scale , ” mastec ceo jose r . mas said in a news release . “in addition , we are very pleased to have the opportunity to expand our relationship with a great customer , directv .