W.A. Bechtel Company
In 1919, Warren Bechtel and his partners (including his brother Arthur) built the Klamath Highway in California, and in 1921 Warren Bechtel partners won a contract to build the water tunnels for the Caribou Hydroelectric Facility in that state. In 1925, Warren A. Bechtel's sons Warren Jr., Stephen, and Ken joined him and incorporated as W.A. Bechtel Company. In 1926, the new company won its first major contract, the Bowman Lake dam in California.
Bechtel died while visiting Moscow in 1933. His son Stephen D. Bechtel, Sr., took over the firm upon his father's death.
Today, the Bechtel Corporation is still owned and operated by the Bechtel family. Its current CEO is Riley P. Bechtel, one of the richest men in the United States.
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Famous quotes containing the word company:
““Come, boys, I know there’s kindly hearts among so good a
crowd—
To be in such good company would make a deacon proud.”
—Hugh Antoine D’Arcy (1843–1925)