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Tuesday, November 29, 2022

76 Years Young

The Traylors add Evansville company to their family

“Our family’s nature is to keep our heads down and focus on the future,” Chris Traylor, co-president of Traylor Construction Group, Inc., told Evansville Business magazine during the company’s 75th anniversary in 2021. One year later, the Traylors continue to deliver on that statement.

Traylor-owned Sterling Industrial, LLC, recently acquired Industrial Contractors Skanska Inc., an Evansville-based heavy construction contractor. Upon the transaction’s Sept. 4 closing, Skanska became a wholly owned subsidiary and, early next year, will merge into Sterling, a multi-craft industrial contractor in the Midwest.

Founded in 1946 as Traylor Bros., Inc. by brothers William and Ferris Traylor, and expanded by son Thomas and grandsons Mike, Chris, Tom, and Dan Traylor, the company then grew into parent company TCG. Under its umbrella are multiple sister companies providing turnkey services in the heavy civil, mechanical, industrial, marine, underground, and fabrication markets. Sterling’s core markets include power generation, metals, pulp/paper, plastics, and chemical sectors.

Locally, Traylor participated in the initial construction of the Lloyd Expressway and Interstate 69. Its portfolio includes major infrastructure builds such as the Singapore Mass Rapid Transit North-South line and more than $3 billion of improvements to repair damage from Hurricane Katrina in New Orleans, Louisiana, back in 2005.

“The Traylor family is excited to continue growing our presence in the industrial market space,” Traylor said when Sterling announced its purchase of Skanska on Aug. 24. “The acquisition creates significant opportunities for our team and will add to TCG’s diverse capabilities.”

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