Bonneville Builders Company Profile

Background

Bonneville Builders is a commercial general contracting firm established in 1998, headquartered in Sandy, Utah, with an additional office in St. George, Utah. The company specializes in constructing facilities for private businesses and real estate developments, including offices, medical centers, assisted living facilities, industrial and manufacturing plants, retail spaces, hospitality venues, multi-family residences, and tenant improvements.

The company's mission is to provide comprehensive services from project conception through design and construction, ensuring client satisfaction and project success. Bonneville Builders has been recognized as one of Utah's top 100 fastest-growing companies for three consecutive years, reflecting its significant impact and growth within the construction industry.

Key Strategic Focus

Bonneville Builders emphasizes a client-centric approach, offering services that encompass the entire project lifecycle. The company's core objectives include:

• Design-Build Services: Integrating design and construction processes to streamline project delivery.

• Construction Management: Overseeing projects to ensure they meet quality, budget, and timeline expectations.

• Pre-Construction Services: Providing feasibility studies, budgeting, and scheduling to set projects up for success.

• Development Partnerships: Engaging in joint ventures and investments to develop innovative projects across the Wasatch Front.

The company targets a diverse range of markets, including commercial, industrial, healthcare, retail, hospitality, and multi-family residential sectors, primarily within Utah and surrounding states such as Arizona, Idaho, Nevada, and Wyoming.

Financials and Funding

As of recent estimates, Bonneville Builders generates annual revenues between $13.9 million and $15.1 million. The company employs approximately 40 to 58 individuals, indicating a stable workforce supporting its operations.

Pipeline Development

Bonneville Builders has a robust portfolio of completed and ongoing projects, including:

• Power House Distribution: A 300,000 square foot concrete tilt-up facility in Springville, Utah.

• Iron Vista Series: Multiple industrial buildings ranging from 60,000 to 150,000 square feet in Provo, Utah.

• Sandy Technology Center: A 28,500 square foot technology office in Sandy, Utah.

• Overlake Medical Plaza: A 38,000 square foot medical office suite in Tooele, Utah.

These projects demonstrate the company's capability to manage large-scale developments across various sectors.

Technological Platform and Innovation

Bonneville Builders distinguishes itself through several proprietary methodologies and innovative practices:

• Design-to-Budget Philosophy: Prioritizing designing projects to fit within budget constraints rather than adjusting budgets to fit designs, ensuring financial feasibility and client satisfaction.

• Fast Track Division: Focusing on smaller projects with the same level of service, maintaining quality, price, and speed. This approach enabled the completion of a major data center in just two and a half months.

• Comprehensive Service Offering: Providing a full spectrum of services, including pre-construction planning, construction management, and post-construction support, ensuring seamless project execution.

Leadership Team

The leadership team at Bonneville Builders comprises experienced professionals dedicated to guiding the company's strategic direction:

• John Tebbs: President and Founder. With a background in development and construction, John established Bonneville Builders in 1998, transitioning from residential to commercial construction and expanding the company's reach across multiple states.

• Doug Cooper: Chief Financial Officer. Doug oversees the company's financial health, ensuring sustainable growth and profitability.

• Wayne Hansen: Executive Vice President. Wayne plays a pivotal role in operational management and strategic planning.

• Tyler: Vice President. Tyler contributes to the company's leadership by focusing on project management and client relations.

Leadership Changes

In May 2017, Bonneville Builders appointed Steven M. Bowers as Vice President, bringing additional expertise to the leadership team.

Competitor Profile

Market Insights and Dynamics

The commercial construction industry in Utah and surrounding states is competitive, with numerous firms offering similar services. Bonneville Builders' focus on design-build and construction management positions it uniquely within this landscape.

Competitor Analysis

Key competitors include:

• Kiewit: A large construction and engineering firm with a broad portfolio across various sectors.

• Burns & McDonnell: Specializes in engineering, architecture, construction, environmental, and consulting solutions.

• Grupo ACS: A global leader in infrastructure development and construction services.

• Kajima USA: Provides comprehensive construction and engineering services across the United States.

These competitors operate on a larger scale, but Bonneville Builders' regional focus and personalized service offer a distinct advantage.

Strategic Collaborations and Partnerships

Bonneville Builders engages in joint ventures and investments to develop innovative projects, such as the Power House Distribution and Iron Vista series. These collaborations enhance the company's market position and expand its capabilities.

Operational Insights

Bonneville Builders' strategic considerations include:

• Client-Centric Approach: Emphasizing personalized service and tailored solutions to meet client needs.

• Regional Focus: Concentrating efforts within Utah and neighboring states to leverage local market knowledge and relationships.

• Comprehensive Service Offering: Providing end-to-end services from pre-construction to post-construction, ensuring project success.

Strategic Opportunities and Future Directions

Looking ahead, Bonneville Builders aims to:

• Expand Market Presence: Continue growth within existing markets and explore opportunities in adjacent regions.

• Enhance Technological Integration: Adopt advanced construction technologies to improve efficiency and project outcomes.

• Strengthen Partnerships: Develop new collaborations to diversify project portfolios and enter emerging sectors.

Contact Information

For more information, visit Bonneville Builders' official website.