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Illinois Constructors company history timeline

1939

The tables were turned in 1939 by the advent of World War II, however, which spawned huge temporary sales and profit gains for IC.

1960

Interestingly, Lincoln had to sue IC for his $5,000 fee, the largest he had ever received, but he was kept on retainer with the railroad until 1960.

1966

Although IC had toyed with activities in other industries, such as real estate, prior to forming ICI, it stepped up its efforts after Johnston retired in 1966.

1969

The original vision for Willis Tower came to life in 1969 when Sears Roebuck and Company decided it needed a central office space for its 350,000 employees.

1970

By 1970, IC was making about $24 million in profits annually, operating 6,520 miles of track, and employing a work force of 17,000--the reduced work force was primarily the result of automation and a dearth of new construction activity.

1972

Nevertheless, in 1972 ICI's railroad operations furnished less than 30 percent of its pretax income.

The resultant carrier had almost 10,000 miles of track in 13 states. It also put renewed effort into enlarging its rail service: In 1972, IC Railroad merged with Gulf, Mobile & Ohio to become the Illinois Central Gulf Railroad.

1974

Skydeck opened in 1974 and attracts more than 1.7 million visitors annually.

1989

When Harrison assumed the presidency, IC shifted into "Phase II" of an eight-year plan started by Moyers in 1989.

1990

Furthermore, IC was recognized as one of the most efficient carriers in the industry in 1990 after being labeled as one of the least productive just one year earlier.

1993

IC's income (before taxes) ballooned to $148 million in 1993.

1998

Willis Tower was the world’s tallest building until 1998.

2009

In July 2009, United States Equities Realty led the design and construction of a multi-million-dollar renovation of Skydeck Chicago.

In 2009 the building was renamed Willis Tower after the Willis Group Holdings, the global insurance broker who calls the Tower its Midwest home.

2015

Willis Tower was purchased by Blackstone in 2015 for $1.3 billion.

2017

In 2017, 125,000 square feet of new amenity space including ‘Tower House’ and ‘Altitude’, were built exclusively for Willis Tower tenants.

In early 2017 Blackstone and EQ Office announced plans for the biggest restorative transformation project in the building’s history.

2022

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Founded
1924
Company founded
Headquarters
Elburn, IL
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Illinois Constructors competitors

Company nameFounded dateRevenueEmployee sizeJob openings
Hogan & Associates Construction1995$7.5M1109
Conco Construction1975$57.0M1003
Concrete Frame Associates1991$29.0M375-
Anning-Johnson1958$200.0M1,30034
Falewitch Construction Services1995$9.9M100-
Bomel Construction1970$430,0005-
FCI Construction1994$69.7M100-
Ceco Concrete Construction L.L.C.1912$530.0M2,300-
Aderholt Specialty Co. Inc.----
Guy Yocom Construction1978$100.0M600-

Illinois Constructors history FAQs

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