COMPANYHISTORIES
NAIC 23591

Structural Steel Erection Contractors

How the companies in this industry began, and the forces that shaped them.

3companies1875–1988founding years3still active0no longer operating
§ 01

The industry over time

Companies foundedEconomyTechnologyEnvironmentHistory
FoundedHochtief AG
1875
FoundedTarmac plc
1903
TechnologyThe Wright brothers achieve powered flight.
1914
EconomyWorld War I begins; global trade reorders.
1931
EconomyThe Empire State Building rises in just over a year.
1939
EconomyWorld War II begins; wartime production surges.
1945
EconomyThe war ends; a long global expansion begins.
1947
TechnologyThe transistor is invented.
1958
TechnologyThe integrated circuit is demonstrated.
1962
EnvironmentSilent Spring launches the modern environmental movement.
1975
TechnologyThe personal-computer era begins.
1981
TechnologyThe IBM PC launches and sets a standard.
1984
TechnologyApple ships the Macintosh; the GUI era begins.
FoundedBayou Steel Corporation
1988
1989
HistoryThe Berlin Wall falls; global markets open up.
1991
TechnologyThe World Wide Web is released to the public.
1993
TechnologyThe Mosaic browser brings the web to everyone.
1995
TechnologyWindows 95 launches; the internet goes mainstream.
1997
EnvironmentThe Kyoto Protocol sets the first climate targets.
2004
TechnologySocial media and Web 2.0 take hold.
2007
TechnologyThe iPhone launches the smartphone era.
2010
TechnologyCloud computing goes mainstream for business.
2015
EnvironmentThe Paris Agreement sets global climate targets.
2020
EconomyThe COVID-19 pandemic upends the global economy.
2022
EconomyInflation spikes; central banks raise rates sharply.
2023
TechnologyGenerative AI reaches mainstream business use.
§ 02

The companies

Hochtief AG →
Active · founded 1875 · Germany
Hochtief AG is the German market leader in the construction industry and is among the world's leading international…
Tarmac plc →
Active · founded 1903 · United Kingdom
Tarmac plc is one of the leading heavy building materials and construction services groups in Europe, with additional…
Bayou Steel Corporation →
Active · founded 1988
Bayou Steel Corporation operates a steel 'minimill' at its 287-acre site located next to the Mississippi River 35 miles…
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