L.K. Comstock & Company, Inc.
|
 |
 |
Timeline
Select a decade for details
|
 |
 |
|
| 1980 -
Comstock establishes LKC, Inc., which will become a holding company under which its several subsidiaries provide a range of engineering and construction services. As part of Comstock emerging from the rescission of the Ernst merger, Comstock implements a major reorganization through LKC, Inc., which adds younger executives and creates a holding company-subsidiary form organization that owns Comstock and its affiliated operating companies. It also develops a five-year business plan along with strategic map for the next 15 years based on a study by Braxton Associates. The study directs the company to establish its niche among contractors: 1) by securing middle-range contract work on jobs ranging from $5 million to $50 million, and 2) by concentrating on technologies where it has a lead, primarily transportation and utilities. |
|
|
| 1984 -
LKC, Inc. changes its name to Comstock Group, Inc. In October of 1984, Comstock Group completes its public offering of one million shares of common stock. The shares trade on NASDAQ under the symbol CSTK. At the time of the offering, Comstock Group’s subsidiaries are L. K. Comstock & Company, Inc., headquartered in New York, New York; Comstock Engineering, headquartered in Pittsburgh, Pa.; Comstock Mechanical, headquartered in Atlanta, Ga.; Comstock Communications headquartered in Jacksonville, Fla.; and Elkcom Company, headquartered on Long Island, New York. |
|
|
| 1986 - New York City Transit Authority awards Comstock the Eighth Avenue (Zone 3) Project. At that time, the $164-million contract was the largest contract ever awarded by NYCT or won by Comstock. It was the first of five major transit awards over the next seven years that expanded Comstock fourfold. The projects, with a combined value in excess of $400 million, extended into the early ‘90s and included Lexington Avenue ($62 million), Astoria ($33 million), Brighton ($59 million) and Jamaica ($112 million). |
Installing a new signal on the Jamaica Line
|
|
| 1988 - Comstock provides electrical installation for the complete renovation or "life extension" of America Electric Power's London, Marmet and Winfield hydroelectric plants, which were originally constructed in the 1930s. |
|
|
| 1989 - Spie Batignolles completes its gradual acquisition of LKC and assumes full ownership. Yannic Burin des Roziers is named president and CEO. |
|
|
 |
|
