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With Jack McDonald and Smedes York having equally purchased
all outstanding shares of MCDONALD-YORK, Inc., their co-ownership
concept has returned to what the company’s founders started
ninety-nine years ago. C.V York believed a person could leave
his imprint upon the construction industry. Not only did he
do that, but he and his family also left their imprint on the
local community as well. His son, J.W.York, with the Cobb brothers,
founded YORK and COBB Construction Company in Greenville, NC.
In 1908, they built the first five buildings at what is now
East Carolina University. In 1910, Mr. York bought out the Cobb
brothers and moved the Company to Raleigh, where it operated
as YORK CONSTRUCTION for the next 83 years.
In 1993, the Yorks merged the Company with Coleman-Wood, named
the Company MCDONALD-YORK, and majority ownership was no longer
local. But with the recent purchase, ownership has again reverted
to a York—and again to local ownership. Jack McDonald
stated, “I am very proud to be a part of the long heritage
this Company has maintained with the York family.” It
now remains one of the Triangle’s oldest, privately owned
local construction firms. “This purchase means the decision-making
process will be more streamlined, and that means increased productivity,”
stated McDonald. In addition, “It puts control of the
Company in the hands of people who know the area, and who have
had an important, long term presence in the community.”
While reverting to local control is a change, operating philosophies
will not change. “We are committed to maintaining the
family atmosphere which has made us distinctive throughout our
existence. We pride ourselves on building relationships that
are based on trust and integrity, and we will continue to give
back to our community." York concluded.
Building
the Triangle Since 1910
The
"Triangle" – Raleigh, Durham, and Chapel Hill
– has experienced substantial changes over the past 100
years, and McDonald-York has shaped a number of those changes.
C.V. York, a man who believed that the construction industry
was where one could leave his imprint, founded York Construction
the firm in 1910. Clearly the York imprint has been made –
in buildings as well as in politics. His son, J. W. York, was
a member of the Raleigh School Board as well as Chairman of
the North Carolina Board of Conservation and Development and
the Raleigh-Durham Airport Authority. Grandson G. Smedes York
was Raleigh City Councilman in 1977 and went on to be mayor
in 1979 and 1981. In 1993, Jack McDonald and Smedes York implemented
the merger of Coleman & Wood and York Construction.
A Legacy of Excellence
Buildings
that carry the McDonald-York stamp include such landmarks as
the North Carolina State University Bell Tower, the Raleigh
Memorial Auditorium, Cameron Village Shopping Center and Meadowmont
Village Center. For many years, the company has made the prestigious
Triangle Business Journal "Book of Lists". This legacy
of excellence in construction and in community involvement points
McDonald-York towards a bright future."
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