Son builds his father's construction business

Published: Tuesday, June 30, 2009 8:32 p.m. MDT
 |  E-MAIL | PRINT | FONT + - 

David Wadman took his father's business and made it his own.

Ogden-based Wadman Corp. was founded in 1951 by Wadman's father, V. Jay Wadman. David Wadman grew up working all aspects of the business, setting concrete forms, pulling nails and framing buildings.

In 1984, Wadman became the company's very young president and virtually rebuilt the company during a tough economic cycle. Wadman expanded the business to work projects in California and beyond, and Wadman Corp. today is licensed in 11 Western states and recognized as one of the top award-winning contractors in the region.

Wadman has continued and expanded his company's emphasis on hiring and developing good employees — many workers have been with Wadman for years, in an industry in which it is more common to hire and fire workers for individual projects. Some of Wadman's top superintendents and project managers started as laborers.

The company also is able to operate in such diverse building sectors as commercial, institutional or public, hospitality, industrial, multi-family and retail.

Story continues below

Wadman has completed projects with values ranging from $1,000 to $90 million, many under the umbrella of its 60-Day Project Closeout Initiative, an efficient project closeout process that allows owners, subcontractors and suppliers to complete payment application and close the books on their projects.

Wadman has ambitious plans to move further into the federally funded construction sector while keeping down costs and continuing his company's traditions of maintaining strong cash balances and no debt.

Comments

You can be the first to comment on this story.

Image

David Wadman

Related content
previousnext

Latest comments

Boys basketball rankings

I love all high school sports. Basketball is my favorite though! I really...

This movie was terrible! Trust me you don't wanna take ANYBODY and go see it!...

BYU's old uniforms?

Regarding Color: Look around the stadium and notice the BYU fans all wearing...

Rivalry Week is highly profane

It's on tomorrow baby. See you at the game !!!

Budget cuts won't help in 2011

As a state, we've done a fine job of cutting the charitable services of...

Rivalry Week is highly profane

End football at both schools. It is a waste of money and has nothing to do...

Byu has fans that are gomer piles. Utah has fans that are gomer piles. I...

Rivalry has had some 'turkeys'

I was at the 2003 game and it was awesome! I couldn't even feel the cold or...

How about quit spending. Everyone knows that every so many years there are...

Hall's legacy measured today

I guess my only question is what is your standard for "great"? If you're...

Advertisements