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

T
he "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

B
uildings 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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