Construction Today - February 2011 - (Page 94)

Commercial | FARGO PACIFIC INC. Coming on Strong F argo Pacific Inc. (FPI) was established in 1975, and, although it has endured a few lean years, it has maintained a steady stream of construction work throughout its home on Guam since its inception. The past few years, in fact, have been especially fruitful for the general contractor, which puts it in a good position as the U.S. military begins to redeploy thousands of Marines and their families to Guam from Okinawa, Japan. “In the next few years, the U.S. military will be pumping more than $20 billion into Guam, and we want to continue to be a part of that buildup,” explains Jay S.H. Park, president and general manager. “We are very competitive, and we plan to use our strengths to go after those contracts.” Based in Tamuning, Guam, FPI specializes in military construction, as well as commercial, residential and maintenance and facilities construction; it works throughout Guam and Saipan. Park describes his firm as “independent, small and local,” but those four words only partly explain the reasons Fargo Pacific works on projects throughout Guam for a number of federal agencies. « FPI MAY NOT BE A BIG CONTRACTOR, BUT IT HOLDS ITS OWN IN THE GUAM MARKET. BY STACI DAVIDSON Fargo Pacific Inc. A New Niche • Annual revenues: $16 million • Headquarters: Tamuning, Guam • Employees: 167 • Specialty: Military and commercial construction “I grew up here, this is my home and I want to help make Guam a better home.” –Jay S.H. Park, president and general manager behind the company’s ongoing success. “We know all of the local resources and have good relationships with those companies, we have a strong staff of dedicated employees and we complete most of a project’s work inhouse,” he says. “This makes us very competitive, even against larger companies and very large joint ventures that are coming in to work on the military buildup. I am proud that we are able to compete against these much bigger companies, and we plan to continue to do so.” GUAM FO CUS FPI’s current status in the Guam construction industry is the result of its founder’s focus on slowly building the company into a major player in the market. In the 1950s, Jin Sik Park got his start as a translator in Korea for the U.S. Army with the 8th Infantry Division, and steadily expanded his duties to take on some military construction work. “He focused on working his way up,” Jay Park explains. Jin Sik Park came to Guam in the early 1960s while working for the TransAsia Engineering firm in Korea, Indonesia, Malaysia, Philippines and Singapore. After he saw Guam’s untainted people and its environment, Jin Sik Park split from his partners in Korea and formed Mars Inc. on Guam in 1973. Mars remained active for about a few years, until Park started to see other opportunities. “My father named the company Fargo Pacific Inc. from the oldest bank in the United States – Wells Fargo Bank – because it was his childhood dream to become a banker,” Jay Park says. “In 1975, he brought his family to Guam and started Fargo Pacific. He started with small housing construction projects.” 94 CONSTRUCTION-TODAY.COM FEBRUARY 2011 http://www.CONSTRUCTION-TODAY.COM

Table of Contents for the Digital Edition of Construction Today - February 2011

Construction Today - February 2011
Out of the Blues
Best Practices
Exploring BIM
Construction Law
Wall Works USA Inc.
Epoch Properties
Pacific Pile & Marine
Dufferin Construction – Highways 403 and 401 Projects
Natt McDougall Co.
Abhe & Svoboda Inc.
Malcolm Drilling
McKinney Drilling Co.
ODOT/Miller Cable Co. – Northeast Ohio ITS Project
Barnard Construction – Snoqualmie Falls Hydroelectric Redevelopment Project
C.A. Barrs Contractor Inc.
Charles Blalock and Sons Inc.
Parsons Brinkerhoff, Hatch Mott MacDonald, Skanska USA, Dragados USA and Tutor Perini – Alaskan Way Viaduct Replacement
William Charles Construction – I-39 Repaving
Wadman Corp.
CB Richard Ellis Canada
The Cadillac Fairview Corp. Ltd./PCL Constructors Canada Inc.
Fargo Pacific Inc.
Critchfield Pacific Inc.
Harold O’Shea Builders
Culpepper Construction Co. Inc.
Golden State Framers
HRH Construction
Hudspeth & Associates Inc.
Hyder Construction
IMC Construction Inc.
Jones Lang LaSalle – Empire State Building Renovation and Retrofit
Econo-Malls Management Corp.
Ruscio Studio
Turner Construction San Diego – New Central Library
Trotter & Morton – University of Calgary
Collavino Construction Co. Inc. – One World Trade Center
Danis Building Construction Company – The Indu and Raj Soin Medical Center
F.J. Sciame Construction Co. – Abraham Joshua Heschel School
Eckman Construction – Pinkerton Academy Freshman Building
The Hagerman Group – Parkview Whitley Hospital
Scheck Industries
Whaler Industrial Contracting Inc.
Last Look

Construction Today - February 2011