Kraus-Anderson history

In 1933, the partners hired Lloyd Engelsma as office manager, estimator, and field supervisor.

1937: Lloyd Engelsma buys company assets from his employers; name changes from Kraus-Andersen to Kraus-Anderson.

William Jaeger, Jr., future president of Kraus-Anderson Construction, was hired as project estimator and engineer in 1951.

1959: Southtown Shopping Center construction signifies period of rapid suburban growth.

In 1968, Burton Dahlberg was hired to manage Kraus-Anderson Real Estate, a one person operation in those days.

In 1972, Kraus-Anderson erected its first high-rise, a 32-story apartment building in downtown St Paul.

1973: Kraus-Anderson achieves listing for first time on Engineering News Record's Top 400 contractors.

Kraus-Anderson St Paul brought in $50 million of the 1979 volume via projects such as condominiums in Hawaii, a theater in Hollywood, and a shopping center in Bismarck, North Dakota.

The company restructured in 1982, combining Kraus-Anderson Minneapolis, Kraus-Anderson St Paul, and Kraus-Anderson Building Company into a single unit operating as three divisions.

Back on the construction side, in 1984, Kraus-Anderson was named general contractor for the new Minnesota parimutuel race track Canterbury Downs, a $50 million effort.

1987: Combined sales surpass $370 million.

Until that probe is complete the department is recommending that the company not be allowed to work on any city-assisted project,' reported the Star Tribune in September 1988.

Located in Bloomington, the property survived the 1992 onslaught of the Mall of America and its four million square feet of new retail space.

Kraus-Anderson began renovating one of its older properties, Southtown Shopping Center, in 1995.

Kraus-Anderson's combined revenue climbed to $490 million in 1996: 75 percent from construction and 25 percent from real estate leasing and management, insurance, development, financing, and advertising businesses.

Kraus-Anderson Construction's affiliation with Anton Construction, Inc. received some favorable ink in 1999.

Construction began in February 2005, when the ground was still frozen to a depth of six feet and holding a lot of moisture from a wet summer.