History
The company was founded in 1884 by Peter Kiewit, a bricklayer of Dutch descent. The founder's son, also named Peter Kiewit, headed the firm from 1924 until his death in 1979. During his life it became one of the largest construction companies in the world. He was also very active in the Omaha area. In 1963, he bought the Omaha World-Herald to keep it locally owned. Under the terms of his will, the employees bought the paper in 1979. Walter Scott, Jr., was first elected to the Peter Kiewit Sons' Incorporated board in 1964. In 1979, he was elected president. When Peter Kiewit died later that same year, Scott was selected to succeed him as chairman. Starting in 1985, Peter Kiewit also constructed a nation-wide fiber optic network that it later spun off as Level 3 Communications.
Read more about this topic: Kiewit Corporation
Famous quotes containing the word history:
“Anyone who is practically acquainted with scientific work is aware that those who refuse to go beyond fact rarely get as far as fact; and anyone who has studied the history of science knows that almost every great step therein has been made by the “anticipation of Nature.””
—Thomas Henry Huxley (1825–95)
“The history of persecution is a history of endeavors to cheat nature, to make water run up hill, to twist a rope of sand.”
—Ralph Waldo Emerson (1803–1882)
“Most events recorded in history are more remarkable than important, like eclipses of the sun and moon, by which all are attracted, but whose effects no one takes the trouble to calculate.”
—Henry David Thoreau (1817–1862)