May Member News

Member News is a monthly blog post dedicated to sharing Chamber members’ upcoming events or major news. If you have something to share, email the Chamber’s Director of Communications and Marketing, Samantha Chandler, at Samantha@comochamber.com.

  

 

Record growth, ‘monster year’ puts local infrastructure contractor over $1B mark

(Columbia, Mo.) April 3, 2024 — The books have closed on 2023 at Emery Sapp Construction, Inc., and the results show the most impressive year in the company’s 52-year history. Revenue topped the $1 billion mark for the first time ever, growing from just $220 million in 2018 to $1.08 billion last year — a 491% increase over a five-year span and an average increase of 140% every year.

“Our people turned in an incredible performance in 2023, truly a monster year, and we couldn’t be more proud of what we’ve accomplished as a company,” said Tim Paulson, co-CEO. “However, it’s just a continuation of our success over the past decade, achieved by building the right team while always pushing the boundaries of what’s possible.”

Specializing in excavation, grading, underground utilities, bridge construction, asphalt and concrete paving, and pavement preservation, the Missouri-headquartered company has rapidly increased its service area and market share in the Midwest in recent years, while also expanding into the U.S. Southwest with the acquisition of two Phoenix, Arizona-area firms in 2019 and 2022. 

As a result, FTEs have increased from 650 in 2018 to more than 2,600 in 2024, and the company now boasts offices, plants and quarries in more than 30 locations — including primary offices in Columbia, Kansas City and Springfield, Missouri; Springdale, Arkansas; and Phoenix, Arizona.

Paulson credits the recent success to not only having the right people and processes in place but also the ownership mindset that comes with being a 100% employee-owned organization with a mature Employee Stock Ownership Plan (ESOP).

“There’s a unique entrepreneurial spirit that’s unleashed with ownership,” he said. “You think differently, you think like an owner, and you have more skin in the game. Our ESOP has been a game-changer for thousands of past and present ESS employee-owners, allowing them to have a stake in the company’s financial success and gain wealth along the way.”

The company announced last Friday a record-high stock price, a 35% increase over the previous year. Employee-owners received an employer contribution of 20% this year — another record high for the firm. (For example, an employee-owner making a $50,000 salary would receive $10,000 worth of stock in their ESOP account this year.) In addition to the ESOP benefits, the company also made major improvements to the overall compensation and benefits package to better serve those who have contributed to the recent success.

“We’re nothing without our people, and we were proud to enhance our benefits – including lower medical rates and better disability coverage – to increase our investment in our employee-owners,” said Robert Gillis, PE, co-CEO. “By taking better care of the people who come to work for us every day, we can continue to attract and retain the best talent to ensure this success continues for years to come.”

ABOUT EMERY SAPP CONSTRUCTION, INC.

Emery Sapp Construction, Inc. (ESCI) is a 100% employee-owned national infrastructure enterprise composed of four operating brands: Midwest-based Emery Sapp & Sons and Premier Testing Laboratories; and Arizona-based Achen-Gardner Construction and Rummel Construction. More than 2,600 employee-owners strong, we specialize in grading and excavation, underground utilities, bridge construction, asphalt and concrete paving, and pavement preservation. With more than 30 offices, shops, plants and quarries throughout the country, the company works with clients in both the private and public sectors, including departments of transportation, developers, general contractors, the federal government, municipalities and railways. Learn more at emerysapp.com.

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First Mid Earns 2023 Top Mortgage Producer Recognition from IHDA

Mattoon, IL (April 4, 2024) – First Mid Bank & Trust (First Mid) has been recognized as a top mortgage
producer from the Illinois Housing Development Authority (IHDA). First Mid’s mortgage department was the
#2 lender in the Northwest Illinois Region for 2023, with close to $22 million in production. This award
underscores First Mid’s unwavering commitment to excellence in the mortgage industry and its dedication to
serving the diverse needs of homeowners across its footprint.

“We are honored to be recognized as one of the top mortgage producers for IHDA,” said Tammy Zurfluh, SVP, Director of Mortgage Sales at First Mid (NMLS #476483). “Our mortgage team has helped countless
individuals navigate the homebuying process. This recognition reflects our entire team’s dedication to providing comprehensive mortgage solutions that meet the evolving needs of our customers while supporting the overarching goals of IHDA to foster inclusive and sustainable communities.”

In addition, two First Mid mortgage lenders were recognized as IHDA Top Loan Officers in the Northwest
Illinois Region for 2023. Warren Swanberg (NMLS #1502042) was the #3 Top Loan Officer with more than
$7.8 million in production. Jared Fewell (NMLS #476484) was the #4 Top Loan Officer with more than $5.5
million in production. Both Swanberg and Fewell serve clients in the Rockford, IL area and surrounding
communities.

“Warren and Jared are both instrumental to the success of our team. They understand the current marketplace and have built trust with clients by sharing a wealth of expertise and counsel to ensure they find the right mortgage program for their individual situation and needs,” added Zurfluh.

For more information about First Mid’s comprehensive range of mortgage products and services, visit
firstmid.com/mortgages.

About First Mid Bancshares, Inc.: First Mid Bancshares, Inc. is the parent company of First Mid Bank &
Trust, N.A., First Mid Insurance Group, and First Mid Wealth Management Company. First Mid is an $7.6
billion community-focused organization that provides financial services including banking, insurance, wealth
management, brokerage, and ag services through a network of locations in Illinois, Missouri, Texas, and
Wisconsin, and a loan production office in Indiana. Together, our First Mid team takes great pride in providing solutions and services to our customers and communities and has done so since 1865. More information about the Company is available on our website at firstmid.com. Our stock is traded in The NASDAQ Stock Market LLC under the ticker symbol “FMBH”. Member FDIC | Equal Housing Lender



First Mid Bank & Trust Strives to Meet Needs of Diverse Community through Outreach

First Mid Acknowledges Importance of Celebrate Diversity Month

St. Louis, MO (April 29, 2024) As part of Celebrate Diversity Month, First Mid Bank & Trust (First Mid)
wants to stress the importance of creating a welcoming and diverse environment for its employees as well as the customers they serve. With over 80 locations throughout the Midwest, Brian Gibson, Senior Vice President and Director of Community and Economic Development, said an individualized approach is often needed for each market they serve. First Mid has an internal Diversity, Equity, and Inclusion Committee with the goal of ensuring all voices and cultures feel represented.

“I often mention in our meetings that representation is important,” Gibson said. “That includes both customers and employees. Customers like to bank with people who represent them. That can be from a variety of perspectives including race, ethnicity, LGBTQIA, Veterans, disabled people, younger clients, older clients, and people from all walks of life. They all want to feel like they are represented at First Mid, and our goal is to make sure they always feel comfortable walking through our doors or through any interaction they have with the bank.”

Gibson said he often meets with community leaders, including nonprofit organizations and business owners in underserved communities. He is a liaison between the bank and stakeholders throughout the community,
allowing First Mid to provide outreach in a comprehensive and inclusive way.

Gibson stressed that while Celebrate Diversity Month is important to acknowledge, First Mid strives daily to
improve diversity on all fronts, not just in April. An important part of this initiative is educating the community on financial processes. Gibson highlighted that First Mid is a large bank, but acts as a community bank with its employees truly rooted in the regions they serve.

“We are a community bank located in rural, urban, and suburban areas, meaning we have a diverse customer base. Our mission is to ensure we offer exemplary service to all,” Gibson said. “We strive to be representative of the communities we serve by being intentional with our outreach efforts, helping ensure we are meeting the needs of all communities. Our goal is to take away the uncertainty of banking across historically underserved communities. This allows customers to form personal relationships with our bankers and know they can trust us to help meet their needs.”

About First Mid Bancshares, Inc.: First Mid Bancshares, Inc. is the parent company of First Mid Bank &
Trust, N.A., First Mid Insurance Group, and First Mid Wealth Management Company. First Mid is a $7.6
billion community-focused organization that provides financial services including banking, insurance, wealth
management, brokerage, and ag services through a network of locations in Illinois, Missouri, Texas, and
Wisconsin, and a loan production office in Indiana. Together, our First Mid team takes great pride in providing solutions and services to our customers and communities and has done so since 1865. More information about the Company is available on our website at firstmid.com. Our stock is traded in The NASDAQ Stock Market LLC under the ticker symbol “FMBH”. Member FDIC | Equal Housing Lender

Join us for our Community Care Celebration! It will be a day of fun and Health Screenings at the Training for Life Campus. We will be hosting a community event that consists of Health Screenings for Athletes 2-7 years old, live entertainment, health fair, health education, and activities to spotlight SOMO volleyball athletes!

Community Care Celebration Schedule:

  • Arrival/Check-In: 8:00 AM
  • Sessions: 8:30 – 10:30 AM

(Each session is 25 minutes)

    • Positive Parenting
    • Nutrition
    • Living with a Child on the Spectrum
    • Food Safety
  • YAP Activities: 8:30 – 10:30 AM
  • Young Athlete Screenings (ages 2-7):

Appointments: 8:30 AM – 2:00 PM

General Wellness Exams

  • TLC Campus Events: 11:30 PM – 2:00 PM

Come Watch Our SOMO Athletes Compete!

  • Volleyball Competition: 11:30 AM – 2:00 PM

Where:

📍Our entire campus will come alive with activities! From the gym to the fitness room, track, turf, and meeting rooms, every corner will be filled with educational sessions, screenings, games, and more.

Questions? Contact Maci ArnoldCarol Griffin or Susan Shaffer!

 

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