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J.F. Shea Co history
J.F. Shea Co company history timeline
In 1915, recognizing the company's growing diversity, the name of the company was changed to J.F. Shea Company, Inc.
One of the company's first large-scale projects was completed during the 1920s.
The company also served as the construction manager for the Hoover Dam, which ranked as the tallest dam in the United States when it was completed in 1936.
TunnelingIn the late 1950’s John, Edmund, and Peter Shea worked to establish the company as a leader in heavy construction specializing in large-diameter tunnels, pipelines, flood control and hydro-electric power dams.
Highway InfrastructureIn 1956, a Redding, California based infrastructure division was formed to work on the many highway, bridge and paving projects in the coastal Northern California area, eventually expanding into Oregon.
In 1957, the establishment of the Shea Sand and Gravel Plant marked the beginning of what became known as the J.F. Shea Redding Division, a supplier of aggregate materials to contractors and government agencies.
In 1957, Redding Sand and Gravel was formed to supply concrete aggregate for the Clear Creek Tunnel project.
Shasta Electric Inc. was founded in 1958 and became a full-service electrical contractor for the heavy industrial market.
The Venture Capital Division, founded in 1968, has proven extremely successful, providing start-up capital for several top American companies.
In 1969, Shea Properties begins development of industrial and office parks, retail centers, and apartment communities eventually leading to annual revenues of more than $250 million.
Instead of retreating in the face of a contracting market, Shea Homes restructured its Arizona Division and launched an aggressive land-purchasing program in 1991.
By 1991, the number of sale closings in the Phoenix market had fallen to 324 homes, down substantially from the 800 closings recorded four years earlier.
The market was turning around." Thanks to the aggressive stance, the Arizona Division recorded a substantial surge in business, closing 1,337 homes in 1993.
By the end of 1996, the company recorded $600 million in home sales, enough to make it the 23rd largest homebuilder in the United States.
In 1997, Shea Homes gave its fledgling Colorado homebuilding business a tremendous boost.
With the addition of Mission Viejo Co., Shea Homes was able to sell more than 3,000 homes in 1997, generating more than $1 billion in residential construction revenue.
Against the wishes of Del Webb's management, J.F. Shea launched a $690 million bid for the Phoenix company, but the deal lapsed in November 2000.
A Pennsylvania-based bridge division was also started in 2004 to pursue the many bridge and transportation infrastructure replacement and restoration projects in the region.
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J.F. Shea Co competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| The Howard Hughes | 2010 | $1.4B | 600 | 13 |
| Valencia Community | 1965 | $1.9M | 2 | 1 |
| Irvine | 1864 | $240.0M | 3,561 | 105 |
| Skanska | 1887 | $17.8B | 33,585 | 276 |
| Shea Homes | 1881 | $1.1B | 816 | 6 |
| Traylor Bros | 1946 | $320.0M | 500 | 75 |
| Kiewit | 1884 | $10.3B | 28,000 | 2,847 |
| David J. Frank Landscape Contracting | 1959 | $150.0M | 674 | - |
| Clayco | 1984 | $280.0M | 1,207 | 592 |
| Harding Group | 1960 | $13.0M | 100 | 4 |
J.F. Shea Co history FAQs
Zippia gives an in-depth look into the details of J.F. Shea Co, including salaries, political affiliations, employee data, and more, in order to inform job seekers about J.F. Shea Co. The employee data is based on information from people who have self-reported their past or current employments at J.F. Shea Co. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by J.F. Shea Co. The data presented on this page does not represent the view of J.F. Shea Co and its employees or that of Zippia.
J.F. Shea Co may also be known as or be related to J. F. Shea Co. Inc., J.F. Shea Co, J.F. Shea Co., Inc., J.f. Shea Co., Inc., JF Shea Co Inc, Shea Homes Vantis, LLC and Shea Ventures.