St. Louis Construction News and Real Estate (CNR)

News | 07/04/2010

Clayco Folds Minneapolis Operations

Clayco Inc. has announced that it will discontinue its Minneapolis operations. Tim Murnane, head of its Minneapolis operations, has taken a position with his previous employer, Opus Holdings.

"We are excited about Tim's return to Opus. It is great for all concerned and we expect their continued success in the Minneapolis market," said Russ Burns, President of Clayco. "Clayco plans to discontinue our full-time operations in Minneapolis to focus on a strong market in our other segments which have produced a robust backlog of nearly $1.0 billion with Fortune 100 firms throughout the United States."