Walton Construction featured in the Wall Street Journal
March 23, 2009

ST. LOUIS, MO – Walton Construction Company was featured in the March 10 edition of the Wall Street Journal in the article “Opportunity Knocks and Uncle Sam is at the Door,” which detailed the potential impact of the new economic stimulus plan on small businesses. According to the article, the federal government aims to award 23 percent of all contract dollars across all agencies to small businesses each year. State and local governments have their own rules.

According to the article, Walton, which employs about 550 people in five offices, is well-positioned for stimulus fund projects because of its established relationships and experience doing government contracting work. Walton currently receives about 60 percent of its revenue from public and government projects, including military construction. Most recently, Walton signed a contract for a $182 million renovation of the Army’s Fort Polk Barracks and began work on a $59.3 million Navy project to build new barracks at Parris Island in South Carolina.
 
Experience in government work is critical, Walton’s Chief Executive Dan Frisbee said, because "the government has a lot of regulations you have to be aware of."
 
Walton Construction St. Louis is a leader in pre-construction, general contracting, design-build and construction management services. As one of the top 15 contractors in the St. Louis area with average annual revenues over $100 million, the office serves federal and private markets including casino, healthcare, retail, distribution-Warehouse and commercial clients. Walton Construction ranks in the top quartile of the top 400 contractors by Engineering News Record. ENR also ranks Walton in the top 25 Hotel builders list, the top 25 Government builders list, the top 100 for new contracts, and the top 200 International Builders lists published in 2008. 
 
For more information, contact Judd Presley, Manager of Business Development, Walton Construction St. Louis at 636-594-2220 or visit www.waltonbuilt.com.