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COMPANY HISTORY
In 1964, E.H. (Ed) Oftedal and his son, Bill
started a small earthmoving business in Miles
City, Montana with a Cat D8 crawler tractor and
a Euclid scraper. With Ed's wife Dede acting as
a bookkeeper and brother Jim later joining the
business, E.H. Oftedal and Sons, Inc. was
officially created.
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The company grew in the 1970's by
accomplishing earthwork contracts
associated with the construction of 4
large coal fired generators in Colstrip,
Montana. As the power plants came on
line, the company began to focus on
highway reconstruction and mine
reclamation projects in Wyoming during
the 1980's. An office and shop were
established in Casper with Jim Oftedal
moving to Wyoming to oversee the
maintenance of the fleet. Ed and Dede
Oftedal passed away in 1985 and Bill
Oftedal assumed the position of
President, with his brother Jim as Vice
President.
During the 1990's, the company continued to grow
with the addition of top managers and a
reputation for making sure all subcontractors
and supplies were treated fairly and paid
promptly. Owners both public and private were
impressed with the company's ability to manage
all aspects of a heavy/civil construction
contract. The company was now involved in
projects in Montana, Wyoming, South Dakota, and
Nebraska. |
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By the new
millennia, E.H. Oftedal & Sons, Inc. had grown
to become one of the largest highway contractors
in the Northwestern United States. In 2002, the
company was ranked #66 in the nation in the Top
300 Federal Highway Contractors list published
by Transportation Builder and ranked #3 in
region 8 (which includes Colorado, Montana,
North Dakota, South Dakota, and Wyoming). Also
in 2002, Bill and Jim began the process of
selling their company to
the employees through an Employee Stock
Ownership Plan (ESOP). The transition of
ownership lead to a change in
management.
In 2007,
the company officially changed the
corporate name from E.H. Oftedal & Sons,
Inc to Oftedal Construction, Inc. While
the name has changed, the same work
ethic and business philosophies
developed over the last 43 years remains
the keystone to Oftedal's continued
success. |
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