Who Owns Kokosing Construction Company?

Who Owns Kokosing Construction Company?

Understanding Kokosing Construction Company's ownership is key to its strategic direction and operational influence. Its enduring family ownership significantly shapes its long-term vision and resilience in the construction sector.

Kokosing Construction Company, established in 1951, has maintained its status as a prominent family-owned entity. This structure influences its market approach and operational philosophy.

Kokosing Construction Company, initially William Burgett Builder and Concrete Work, was founded by William 'Bill' Burgett and Lester Rinehart. Incorporated in May 1959, it is now a leading family-owned construction firm in the Midwest and Mid-Atlantic, with annual revenues of $2.3 billion and 4,000 employees as of November 2024. The company focuses on heavy civil, industrial, and marine construction, including vital infrastructure projects. Analyzing its ownership evolution provides insight into its sustained market presence and strategic decisions, including its approach to market positioning as detailed in the Kokosing Construction BCG Matrix.

The foundation of Kokosing Construction Company is deeply rooted in its family ownership, commencing with its establishment in 1951. The company was founded by William 'Bill' Burgett and Lester Rinehart, with Bill Burgett initially operating under the name William Burgett Builder and Concrete Work.

Founding Vision

William 'Bill' Burgett, driven by a passion for building and providing for his family, laid the groundwork for the company. His initial focus was on residential and commercial building, alongside remodeling projects.

Company Evolution

The name 'Kokosing' was adopted as the professional relationship between Burgett and Rinehart solidified. The company was officially incorporated as Kokosing Construction Company in May 1959.

Leadership Tenure

Bill Burgett demonstrated a long-term commitment, serving as president and chairman for over 55 years. This extensive tenure highlights his dedication to the company's growth and strategic direction.

Family Ownership Emphasis

While specific early equity splits are not publicly detailed, the company's consistent emphasis on being 'family-owned' underscores the significant control and influence of the Burgett family from its inception.

Foundational Agreements

Early agreements likely focused on establishing a stable foundation for the burgeoning construction business. This reflects Bill Burgett's commitment to building a lasting legacy for the company.

Core Values

The company's enduring focus on integrity and quality, principles instilled by its founders, has remained a central tenet throughout its operational history.

The history of Kokosing Construction ownership is intrinsically linked to the Burgett family, who have maintained a significant stake since its founding. This family-centric approach has shaped the company's culture and strategic decisions, influencing its trajectory in the construction industry.

Key Aspects of Early Ownership

The initial ownership structure, while not precisely detailed in terms of percentages, clearly indicates a partnership between Bill Burgett and Lester Rinehart. The subsequent incorporation and long-standing leadership of Bill Burgett solidified the family's foundational role in Kokosing Construction ownership.

• Founders: William 'Bill' Burgett and Lester Rinehart
• Initial Operations: William Burgett Builder and Concrete Work
• Incorporation Date: May 1959
• Long-term Leadership: Bill Burgett served as president and chairman for over 55 years
• Ownership Structure: Emphasizes family ownership, with the Burgett family holding significant influence

Complete Kokosing Construction Strategy Bundle

• 6 Full Frameworks, 1 Company – All Pre-Researched
• Each Framework Fully Sourced with Real Company Data
• Built for Strategy Courses, Case Studies & MBA Programs
• Adapt to Your Assignment – No Starting from Scratch
• 6 Frameworks: SWOT, PESTLE, Porter's, BMC, BCG and 4P's

GET FULL BUNDLE

The ownership of Kokosing Construction Company has remained a steadfastly private, family-controlled entity since its inception. The evolution of its ownership structure has been characterized by generational transitions rather than public market involvement or significant external equity infusions. This continuity underscores a long-term vision for the company's development and management.

The current major stakeholders of Kokosing Construction Company are primarily members of the Burgett family, representing the third generation of ownership. This structure reflects a deliberate approach to maintaining family control and guiding the company's strategic direction. The leadership transition in 2020, with Wm. Brett Burgett and Wm. Bryce Burgett stepping into co-CEO roles, signifies a new phase in the company's history, building upon the foundation laid by previous generations. This internal succession plan is crucial for understanding who owns Kokosing Construction and how its future is being shaped.

Kokosing Construction's Family Legacy and Financial Strength

Kokosing Construction Company's ownership is deeply rooted in its founding family, the Burgetts. This private, family-owned model has allowed for consistent strategic planning and operational control across its diverse business units. The company's significant financial standing, with annual revenues reaching $2.3 billion in 2024 and equipment assets valued at $500 million, highlights the success of this ownership structure.

• Privately held, family-owned business
• Third-generation leadership in place
• Distributed executive responsibilities among family members
• Strong financial performance supports continued private ownership
• Understanding the Target Market of Kokosing Construction is key to its sustained success.

From PESTLE Factors to Full Strategy Bundle

• PESTLE + SWOT + Porter's + BCG + BMC + 4P's in One Bundle
• Every Strategic Angle Covered – Nothing Left to Research
• Pre-filled with Company-Specific Research
• No Missing Sections for Your Case Study
• One Download Covers Your Entire Company Analysis

GET COMPLETE BUNDLE

As a privately held, family-owned entity, Kokosing Construction Company's governance and voting power are predominantly vested within the Burgett family. While specific details regarding all board members and their individual voting stakes are not publicly disclosed due to its private status, key family members occupy significant leadership roles.

The leadership structure, with Wm. Brett Burgett and Wm. Bryce Burgett serving as co-CEOs of Kokosing, Inc., highlights a collaborative approach to steering the company. This family-centric governance model fosters a long-term strategic vision and maintains continuity with the founding principles. John Householder, President of Kokosing Construction Company, Inc. since 2018, along with other key leaders like Ken Gonya (President of Kokosing Industrial, Inc. and McGraw Kokosing since 2025), Timothy Seibert (President of Integrity Kokosing Pipeline Services, LLC), and Lee Schloss (President of Kokosing Materials, Inc.), play crucial roles in the operational and strategic direction of the various Kokosing companies. Their leadership positions suggest significant influence on strategic decisions, working in concert with the board. The company's private nature shields it from the shareholder activism and proxy battles common in public corporations, ensuring the family's continued control over its decision-making processes. Understanding this structure is key to grasping the Growth Strategy of Kokosing Construction.

Kokosing Construction Leadership and Governance

The ownership and management of Kokosing Construction Company are deeply rooted in the Burgett family. This structure allows for consistent strategic direction and adherence to company values.

• Primary control rests with the Burgett family.
• Wm. Brian Burgett serves as Chairman of the Board.
• Wm. Brett Burgett and Wm. Bryce Burgett are Co-CEOs and Board Members.
• The company's private status influences its governance model.

Kokosing Construction Business Model + Strategy Bundle

• Ideal for Essays, Case Studies & Slides
• Get BCG, SWOT, PESTLE, Porter's, 4P's Mix & BMC Together
• Company-Specific Content Already Organized
• One Bundle Replaces Days of Independent Research
• Buy the Bundle Once. Use Across All Your Assignments

GET COMPLETE ANALYSIS

Over the past three to five years, the company has maintained its identity as a family-owned entity while pursuing strategic growth. A notable leadership change occurred in 2020, with Wm. Brett Burgett and Wm. Bryce Burgett stepping into co-CEO roles for Kokosing, Inc., succeeding Wm. Brian Burgett, who transitioned to chairman of the board. This transition marks the continuation of third-generation family leadership, reinforcing the company's long-standing legacy.

The company has continued to secure significant projects, underscoring its robust market position. In February 2025, Kokosing Construction Company, Inc. was awarded a $56.3 million project by the Ohio Turnpike and Infrastructure Commission. Prior to this, in June 2024, the company secured a $63.27 million contract for the design and replacement of the Wallops Island Causeway Bridge in Virginia. Additionally, a $113.34 million project was awarded by the Department of Transportation for infrastructure realignment in Arlington, Virginia. Further expanding its operational capacity, Kokosing Materials Inc. opened a new plant in Marengo, Ohio, in 2024. These developments highlight the company's sustained expansion and its standing as one of the largest privately held construction firms in the Midwest and Mid-Atlantic regions. Industry trends for privately owned construction companies often emphasize long-term stability and strategic acquisitions to enhance capabilities, a strategy exemplified by Kokosing's acquisition of Corman Construction in 2018.

Recent Contract Awards

The company secured a $56.3 million Ohio Turnpike project in February 2025. In June 2024, it received a $63.27 million contract for a Virginia bridge replacement.

Operational Expansion

Kokosing Materials Inc. launched a new plant in Marengo, Ohio, in 2024. This expansion bolsters the company's overall capabilities.

Leadership Continuity

The company appointed third-generation family members as co-CEOs in 2020. This leadership transition ensures a continuation of the established family legacy.

Market Position

Kokosing remains a significant player, recognized as one of the largest privately held construction companies in its operating regions. Its business model focuses on long-term stability and strategic growth, as detailed in Revenue Streams & Business Model of Kokosing Construction.

From Five Forces to Full Company Analysis

• Includes SWOT, PESTLE, BMC, BCG and 4P's
• Pre-Researched with Company-Specific Data
• Best Value for a Complete Analysis
• Ready to Adapt for Your Case Study
• Ready for Essays and Slidesd

GET FULL BUNDLE