2023 marks a major milestone for Larson-Danielson Construction Company. The firm is celebrating 115 years in business and is now under its fifth generation of leadership.
Known as G5, or Generation Five, the company’s leaders include Brian Larson, President; Nick Larson, VP-Business Development; Dave Merkel, VP-Office Operations; Pat Lockwood, VP-Field Operations; and Jeff Jensen, VP-Administration.
Generation Four
Generation Four celebrates L-D’s 100-year anniversary in 1998
The transition began several years ago with Generation Four, including Tim Larson, Terry Larson, Mark Danielson, and Tom Walter, mentoring the G5 partners.
“The process involved handing off responsibilities in steps to get people trained in what they’re doing and then taking over,” Tom Walter, Generation Four member, said. “The thoughtful transition also helps other people in the company become more comfortable with new leaders.”
With four previous leadership transitions under its belt, Larson-Danielson is no stranger to the pitfalls and perils of organizational changes. The firm’s experience and the expertise of its employees and leaders came into play during the latest ownership shift.
G5 leaders
Generation Five
“We’ve been working on a long transition phase that continues through this year,” Generation Five member and President, Brian Larson said. “We’re grateful to have our former executives still on board and monitoring our performance to ensure that we make a smooth transition. We’re an experienced company. We don’t do things rashly. We like to have a steady and stable environment for our workers and for our clients.”
Larson-Danielson is known as an industry leader with a strong culture based on excellence and quality, and a reputation for treating its clients and employees well. Since the first generation of Charles Larson, Emil Danielson and Frank Larson founded the company in 1908, the focus has remained consistent.
“When people want a really well-built building, they come to us,” Generation Four member, Tim Larson said. “The culture of the company, the way we treat our employees, the way our employees work, their belief in the company and their dedication has always been the same.”
The company is driven by its established Core Values which include Safety, Relationships, Responsiveness, Reliability, Quality, Leadership and Value. The firm is among the top general contractors in the State of Indiana, with annual volumes reaching over $90 million and over 200 employees.
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