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Coors Field. Denver Art Museum. Loveland Police and Courts Building. North Colorado Medical Center Parking Garage. University of Denver Ice Arena. State Farm Insurance Cos. regional headquarters.
Six diverse structures with one common link: Steel erection by LPR Construction Co. in Loveland.
How did a company that started out in 1979 as a Northern Colorado homebuilder turn into one of the nation's mostrespected and successful steel-erection firms?
Exorbitant interest rates in the late 1980s put the kibosh on building houses for the trio of friends who had moved to Colorado from Indiana to do just that. "One of the founding partners had a background in steel erection. We picked up some work in this field. It was not our initial intent said Rocky Turner, president and CEO and the "Win the company name.
Larry Boyd (the "L") was the one with the steel background, but left the company after a couple of years. That left Pete Carner (the "P"), who retired from the business Jan. 1, and Turner. "He and I learned the business as we grew," Turner said.
And grow they did. Last year, the company posted $43 million in sales and is anticipating that number to reach $60 million this year. LPR has 300 field employees and an office/professional staff of 40, including two engineers and eight project managers. Turner, now the sole founding owner, owns 40 percent of the company while about 30 key employees own the remaining portion.
Reputation for safety
Mention LPR in construction circles, and you'll hear over and over about the company's emphasis on safety, its ability to...