Clyde Cos. restructures subsidiaries

Orem-based Clyde Companies has announced the merger of recently acquired Colorado-based IHC Scott with its legacy subsidiary WW Clyde. Effective Oct., all IHC Scott operations will become the Great Plains Division of WW Clyde. The company said the move amplifies WW Clyde’s regional market presence and organizational capacity and signals a new era of growth in Colorado and surrounding areas.

“At Clyde Companies, we are builders — of people, places, solutions and the{mprestriction ids="1,3"} future,” said Jeremy Hafen, president and CEO of Clyde Companies. “This move furthers our mission of building communities and solidifies WW Clyde as an innovative leader in heavy civil construction solutions.”

“Our promise to customers is simple: We’re solid, dependable and here to stay,” said Dustin Olsen, president of WW Clyde. “Our track record spans the last century, and with this exciting transition, we are committed to continuing that legacy for the next 100 years.”

John Thompson has been promoted to senior vice president to oversee the Great Plains Division.

Clyde Companies is the parent company of WW Clyde, Geneva Rock, Sunroc, Sunpro, Beehive Insurance, GWC Capital and Bridgesource. It was founded in Springville in 1926 by Wilford W. Clyde and has more than 1,300 employees.{/mprestriction}