Tulsa-based bridge builder Manhattan Road & Bridge Co., formerly M.J. Lee Construction Co., acquires Muskogee-based Muskogee Bridge Co.
Financial details were not disclosed.
This is the company’s second acquisition in the last 12 months. In January 2008, the company acquired Southern Pavers, Inc. of Pine Bluff, Ark.
“This most recent acquisition provides us the opportunity to leverage our collective financial strength, geographic coverage, talent, equipment resources and performance abilities,” said Kendall Adams, president of Manhattan Road & Bridge Co. “Each of the three companies has a long standing reputation for integrity in the contracting process and for dependable quality construction service.”
The addition of Muskogee Bridge’s employees, which total about 200, bring the total Manhattan Road & Bridge workforce to about 400 employees. The company anticipates adding additional forces if available bridge work increases as a result of the stimulus package and has the capacity to put in place more than $200 million of new construction annually.
Mike Webb, formerly president of Muskogee Bridge, will serve as senior vice president of Manhattan Road & Bridge, and Todd Saxton, formerly vice president of M.J. Lee, will also serve as senior vice president and division manager for the Tulsa division.
The company provides bridge and heavy infrastructure construction services in Oklahoma, Arkansas and Texas from its corporate office in Tulsa, and division offices in Tulsa and Oklahoma City; Springdale and Pine Bluff, Ark.; and service office in Muskogee.
Manhattan Road & Bridge Co. is a subsidiary of Manhattan Construction Group. Other Group subsidiaries include Manhattan Construction Company, Kraft Construction Company and Cantera Concrete Company.