Richard Becomes Employee-Owned Through New ESOP
CHICAGO, IL July 14, 2026 Richard, a veteran-founded national general contracting and construction management firm, today announced it is now an employee-owned company through an Employee Stock Ownership Plan (ESOP). The transition establishes a structure that allows eligible employees to share in the long-term value they help create, while keeping the company independent and anchored […]
In Memoriam: Bill Ernstrom, 1945–2025
It is with deep sadness that we share the passing of Bill Ernstrom, a respected member of the Richard Board of Advisors and a valued friend and mentor to many within our organization. Bill was one of the most influential figures in construction law and brought more than three decades of leadership, insight, and integrity […]
Richard Expands Sustainable Building Expertise Through Illinois Green Alliance Partnership
FOR IMMEDIATE RELEASE Richard Expands Sustainable Building Expertise Through Illinois Green Alliance Partnership Chicago-based contractor expands focus on sustainability and technology through Purpose Builder program Chicago, IL – August 25, 2025 – Richard today announced its partnership with Illinois Green Alliance, completing the sustainability pillar of the company’s Purpose Builder Program. This demonstrates Richard’s commitment […]
How the Bison Shapes Our Construction Culture at Richard
When we set out to define a symbol for Richard, we weren’t just creating a logo. We were building a standard. Something that could represent how we lead, how we build—and how we show up for each other We chose the bison. Not because it’s trendy or tough-looking, but because its story mirrors our own: […]
Richard Launches First-Ever Ad Campaign as Company Expands from VA Roots to $2.3B Private Pipeline
Laptop featuring Crain’s Chicago Business article and digital advertisements from Richard.
Building a Stronger Future: Women in Construction Week at Richard Chicago Construction Company
Construction has long been a male-dominated field, particularly among Chicago construction companies. According to recently released data from the U.S. Census Bureau, only 11.5% of payroll employees in the construction industry are women. However, a promising shift is underway. In recent years, the Department of Labor’s Women in Apprenticeship and Nontraditional Occupations (WANTO) grant program […]
Richard Announces Strategic Partnership with San Diego State University Athletics and JMI Sports
Richard presenting partner logo on jumbotron at Viejas Arena SAN DIEGO, CA (February 5, 2025) – Richard, a leading purpose-driven general contractor, announces its strategic partnership with San Diego State University Athletics, becoming an official sponsor of the SDSU Aztecs’ football and basketball programs. This collaboration marks a significant milestone in Richard’s West Coast expansion […]
Richard Wrapped ️
As we reflect on an incredible year, the numbers tell a story of growth, dedication, and impact across our construction team. Let’s dive into what we achieved together in 2024! Building Excellence by the Numbers: 238,722 Hours Worked 53 Active Projects Projects Spanning 17 States $160,948 Donated to Charities Perfect Safety Record: 0 Lost Time […]
Richard Celebrates 10 Years of Purpose-Driven Leadership and Rapid Growth with Rebrand
The award-winning construction firm unveils a new visual identity and recommits to developing meaningful projects Chicago, Illinois (October 23, 2024)- Richard Group, the acclaimed general contracting and construction management firm, today celebrates its 10-year anniversary with a company rebranding as Richard and solidifies their position as purpose builders. This change reflects Richard’s unwavering commitment to […]
Richard Is Redefining Growth in the Construction Industry
Culture-First Approach Earns Top Honors from Crain’s Chicago Business and Inc. 5000 CHICAGO, Sept. 16, 2024 /PRNewswire/ — In an industry where culture often takes a backseat to immediate returns, Chicago-based Richard is revolutionizing the construction sector by demonstrating that investing in people directly fuels business growth. Richard’s bold focus on corporate culture has resulted […]
Leadership and Business Growth: CEO Jed Richard Featured in The Business Journals
“Employees recognize your confidence in meeting project challenges and begin to emulate these strengths.”