TEMPE, Ariz. – Sundt Construction, Inc. (www.sundt.com) ranks No. 68 on the National Center for Employee Ownership’s Top 100 largest majority employee-owned company list.

In 1972, Sundt established an Employee Stock Ownership Plan (ESOP) and today, the company is 100 percent employee-owned. An ESOP company is different from traditional types of corporate ownership in that it is owned in whole or in part by its employees through its ESOP trust, and each employee-owner shares in the profits and success of the company. At Sundt, all employees are generally eligible for participation after 1,000 hours of credited service during the initial full 12 months of employment.

“Sundt is honored to be recognized as one of the country’s largest employee-owned companies,” Sundt’s Corporate Director of Human Resources Nicole Calamaio said. “Our ESOP program is a way to bring a heightened sense of dedication and commitment among all our employee-owners.”

To earn a spot on the list companies must be at least 50 percent owned by an ESOP or other qualified plan or by one or more other kinds of plans in which at least 50 percent of full-time employees are eligible to participate.

Sundt Construction, Inc. (www.sundt.com) is one of the country’s largest and most respected general contractors. The 128-year-old firm specializes in transportation, industrial, building and concrete work and is known for its commitment to quality and innovative approach to construction services. Sundt has 11 offices throughout Arizona, California, Texas and Utah and is 100 percent owned by its approximately 2,000 employees. Sundt currently is ranked the 65th largest construction company in the United States by ENR, the industry’s principal trade magazine. The company is consistently ranked among the Best Places to Work by business publications in multiple cities and it was named the nation’s safest construction company by the Associated General Contractors of America twice in a decade – an honor no other contractor can claim. Sundt’s charitable arm, the Sundt Foundation, recently crossed the $8.6 million mark in donations made to hundreds of nonprofit organizations across the country.

TUCSON, Ariz. – Sundt-Kiewit, a joint venture between Sundt Construction, Inc. (www.sundt.com) and Kiewit Infrastructure West Co. (www.kiewit.com), has broken ground on the Interstate 10/Ina Road Traffic Interchange reconstruction in Tucson, Arizona.

The project aims to reduce traffic delays and increase safety by eliminating the existing at-grade crossing of Ina Road and the Union Pacific Railroad and building an overpass that takes Ina Road over I-10.

Work includes widening I-10 to four lanes in each direction and Ina Road to two lanes in each direction from Silverbell Road to Camino Martin. The team will also build two structures over the Santa Cruz River, and the eastbound and westbound frontage roads will be elevated to intersect with Ina Road’s new vertical alignment.

Expected to be completed in 2019, the project also features water and sewer relocations, grading and asphalt concrete placement, as well as new and expanded concrete box culverts and retaining walls, drainage facilities, traffic signals, signage, pavement markers, lighting, and landscape and irrigation along the interstate, frontage roads and Ina Road.

Sundt Construction, Inc. (www.sundt.com) is one of the country’s largest and most respected general contractors. The 126-year-old firm is known nationally for its commitment to quality and innovative approach to construction services. Sundt currently is ranked the 77th largest construction company in the United States by ENR, the industry’s principal trade magazine. The general contractor has offices in Tempe and Tucson, Arizona; San Antonio, Fort Worth and El Paso, Texas; and Irvine, Sacramento, San Diego and San José, California.

TEMPE, Ariz. – Sundt Construction, Inc. has named Teri Jones as its Senior Vice President and Building Group Manager. Jones previously served as Vice President in charge of business development for Sundt’s Northern California District.

In her new role role, Jones is responsible for the overall performance of the entire Building Group.

A 37-year veteran, Jones has developed expertise in nearly every aspect of the construction industry. Since joining Sundt 17 years ago she has advanced through multiple positions, consistently achieving meaningful results.

“During her career, Teri has developed expertise in nearly every aspect of our business – from acquiring work all the way through execution,” said Sundt President Mike Hoover. “Teri’s leadership skills and unique combination of business development, preconstruction and construction experience make her the ideal person to lead the Building Group.”

Jones is a LEED-accredited professional; Certified Professional Constructor; certified instructor and guest lecturer at the University of California, Davis and sits on the Construction Management Advisory Board at UC Berkeley.