Hensel Phelps Construction

Hensel Phelps Construction Co.

Type	Private ()
Industry	Construction, real estate development, facilities management
Founded	1937
Founder	Hensel Phelps
Headquarters	Greeley, Colorado, USA
Key people	Jeffrey (Jeff) Wenaas (President) & (CEO) Stephen J. (Steve) Carrico (CFO)
Number of employees	2,727 (2008)
Website	www.henselphelps.com

Hensel Phelps Construction Co. is one of the largest general contractors and construction managers in the United States, ranked consistently among ENR's (Engineering News-Record) top 20 Contractors. Founded in 1937 a small, local builder in Greeley, Colorado, Hensel Phelps has grown into a multibillion-dollar employee owned, national contractor with an eclectic and unparalleled portfolio of successfully completed projects.

Hensel Phelps was founded in Greeley, Colorado, in 1937 by Hensel Phelps. Operations were limited to home building and remodeling until 1948, when competitive contract work was undertaken on a limited scale. In January 1955, a partnership was formed between Hensel and his son, Joseph F. Phelps, and continued through 1957, when Hensel retired. Joseph Phelps incorporated the firm on June 3, 1957, and continued as president and general manager until 1975.

Robert G. Tointon joined the firm in 1963 as a project engineer when the firm was just beginning to emerge as an important regional, general construction firm. Tointon advanced to executive vice president and general manager of the company's largest operating unit, the Plains Division. He continued in that capacity until September 1975, when he succeeded Joseph Phelps as president and general manager. The company was re-incorporated in the state of Delaware on March 22, 1982, and elected to become an S-corporation.

On June 1, 1985, Jerry Morgensen became the fourth generation president of Hensel Phelps, succeeding Tointon. Morgensen has been employed by the company since 1973 and has served as project manager, operations manager and vice president prior to his election to president.