BE&K Building Group Returns Following Acquisition of KBR Building Group by Pernix Group, Inc.

July 8, 2015

Company Well-Positioned for Growth Domestically and Internationally — Leadership, Locations, Operations to Remain Intact

GREENVILLE, SC – KBR Building Group, a subsidiary of KBR, Inc. for the past seven years, has been acquired by global construction firm Pernix Group, Inc., of Lombard, Illinois. The acquisition completed financial close on June 30, 2015. Moving forward, the company will once again operate under its original name, BE&K Building Group. Known for its outstanding safety record, BE&K Building Group offers a wide variety of construction management services and project delivery methods nationally to clients in the advanced manufacturing, commercial/mixed-use, healthcare and institutional sectors. BE&K Building Group’s headquarters will remain in Greenville, South Carolina. In addition to Greenville, the company has full-service regional operations in Charleston, South Carolina; Research Triangle Park, North Carolina; Washington, D.C.; and Houston, Texas. Consistently ranked as one of the Southeast’s leading contractors for the past four decades, BE&K Building Group has received dozens of national and regional awards for design and construction excellence.

BE&K Building Group’s national leadership position in key market sectors, together with its outstanding safety record, technical innovation, preconstruction services and design-build delivery expertise, will expand Pernix Group’s commercial domestic operations and strengthen their portfolio for international business opportunities. Pernix Group is consistently listed as one of Engineering News-Record’s Top 50 American Contractors Working Abroad.

“Our team is honored and excited to join the Pernix Group family of companies and return to our BE&K Building Group roots,” said Mac Carpenter, President of BE&K Building Group. “This extraordinary opportunity allows us to continue providing world-class construction services to our clients, leveraging Pernix’s agility, commitment to safety, quality control, and worldwide presence. The biggest difference is that our new family gives us the ability to expand our reach and follow our clients throughout the world. Customer satisfaction is a core value for us, and our affiliation with Pernix enables us to better serve our clients. These are exciting times for our company and BE&K Building Group is proud to now be a part of Pernix Group.”

In the past decade alone, BE&K Building Group has executed an impressive list of building programs for well-known companies like American Honda Motor Company, BASF, Boeing, Duke Medicine, DuPont, General Mills, Ferguson Enterprises, Gulfstream Aerospace, Novartis Vaccines & Diagnostics, Sysco Foods and Triumph Group.

For additional details on the acquisition, read Pernix Group, Inc. Closes KBR Building Group Acquisition (7/7/2015).

 

About BE&K Building Group, a Pernix Group Company

Known for its outstanding safety record, BE&K Building Group offers a wide variety of construction management services and project delivery methods nationally to clients in the advanced manufacturing, commercial/mixed-use, healthcare and institutional sectors. BE&K Building Group’s headquarters will remain in Greenville, South Carolina. In addition to Greenville, the company has full-service regional operations in Charleston, South Carolina; Research Triangle Park, North Carolina; Washington, D.C.; and Houston, Texas. Consistently ranked as one of the Southeast’s leading contractors for the past four decades, BE&K Building Group has received dozens of national and regional awards for design and construction excellence.

 

About Pernix Group, Inc.

 Pernix Group, Inc. (OTCQB: PRXG) is a global company headquartered in Lombard, Illinois. The Company is engaged in three primary markets: Federal Government, Commercial & Industrial, and Power. Pernix Group delivers full-scale construction and management capabilities, with operations in the United States, Africa, the Middle East, and the South Pacific. Additional information is available at http://www.pernixgroup.com/.

 

About BE&K Building Group in the Upstate

BE&K Building Group’s Greenville office was established more than 45 years ago. Among the company’s recent local projects is Hughes Investments’ upscale Rivers EDGE complex, the eight-story, mixed-use development sited next to the Reedy River at the corner of River and Broad streets. Rivers EDGE is the third project BE&K Building Group has built in the heart of downtown Greenville in recent years. In 2013, our company completed a major multi-faceted renovation project at the Hyatt Regency at NOMA Square for JHM Hotels. BE&K Building Group also built the four-story NBSC Building located at the corner of McBee Avenue and Spring Street. BE&K Building Group occupies the entire fourth floor of this Hughes-owned building.

Notable past projects in the area include: BMW of North America’s Performance Center and paint facility in Greer; Benteler Automotive’s manufacturing facility in Duncan; GHS’s Greer Memorial Hospital and Patewood Memorial Hospital; Greenville Marriott Renovation for JHM Hotels; Samsung Networks America call center in Mauldin; Super Duper Publications’ warehouse and distribution facility; SYNNEX Corporation’s office facility addition and expansion; a total of five high schools and elementary schools for Greenville County Schools; Sysco Foods’ distribution facility (and subsequent expansion) in Columbia; and Fuji Photo Film’s distribution center and office addition in Greenwood.

 

About BE&K Building Group in the Lowcountry

BE&K Building Group’s regional office in Charleston has provided design-build and construction services on the Boeing South Carolina campus for more than 10 years and has been building award-winning projects for the aerospace and other market sectors in the region for nearly 50 years. BE&K Building Group’s Charleston office services the entire Carolinas Coastal region, including nearby Savannah.