CARL A. NELSON & COMPANY ACHIEVES SIGNIFICANT MILESTONE

The following announcement is provided one of our investor companies.

1,500,000 Man-Hours Worked Without a Lost Time Work Injury

BURLINGTON, IOWA (August 1, 2016) – Carl A. Nelson & Company recently surpassed a significant milestone in the construction industry.  Their employees achieved 1.5 million man-hours without a lost time work injury.  This accomplishment reflects their commitment to construction site-safety and is part of their mission statement.

“This first-time accomplishment for our company is possible through the dedication of each of our employees.  Without them and their positive attitude and diligent attention to making safety a top priority, this milestone would not have been achieved.” stated Tim Seibert, President of Carl A. Nelson & Company.

Carl A. Nelson & Company is committed to a program that ensures a safe working environment for every employee and subcontractor, prevents the loss of property, and conserves material and financial resources.  “The success of our safety program is a result of dynamic leadership, many years of experience of our field employees and the long term relationships with subcontractors who share our commitment to safety excellence.” added Seibert.  Employees participate in a number of safety training programs on an annual basis and are required to speak up when they see unsafe practices in the field.

Prior to this milestone, Carl A. Nelson & Company reached 1,000,000 man hours without a lost time work injury for the second time in a decade.  They believe they are the only contractor in the State of Iowa to achieve that milestone.  “We are proud of our safety record.” stated David Hunt, Safety Director of Carl A. Nelson & Company.  “At each project start-up, we establish specific project safety goals and objectives.  We provide professional safety consultation and technical services to our clients, on-site subcontractors and each project team member.” Hunt added.

Carl A. Nelson & Company was established in 1913 and is a full service construction company with approximately 150 employees.  They have offices in Burlington, Cedar Falls, and Muscatine, Iowa.  Employees are skilled in concrete, site cast tilt-up concrete, precast concrete erection, steel erection, carpentry and millwright services.  Carl A. Nelson & Company self performs about 50% of the work contracted.  Their project superintendents have an average of 32 years experience in construction and project managers have an average of 25 years construction experience.  Carl A. Nelson & Company provides construction services in the role of General Contractor, Design-Builder and Construction Manager.  Construction markets include healthcare, industrial, education, commercial, power, laboratory, recreation and civic facilities.