Magleby Construction weathered recession storm
While many builders were hurt or even lost their businesses
during the recession the past few years that was just the opposite with Lindon-based Magleby Construction.
"We did well," said Brad Simons, vice president and chief financial officer.
During the recession the company's revenues grew and the company continues to grow with unique and high-end projects. For example, the company founded by Paul Magleby, which is now transitioning to his son, Chad, is just finishing up a home made with solid wood walls in a project east of Heber dubbed Wolf Creek Ranch.
It is the first solid wood wall home of this type built in the United States. Because of the nature of the solid wood walls, there is no insulationin the walls. Rather, the solid wood construction creates the required thermal barrier. Skilled craftsmen cut all the plumbing, utilities and electrical wiring into the complex wood walls, which are milled from material reclaimed on the property.
Magleby's is synonymous with large, luxury homes. The company is finishing an executive home in Provo Canyon and another in Highland in the Alpine Country Club. The owners of the latter loved their lot and the neighborhood, but not their home, Simons said, so they had it torn down and their dream home built in its place.
Simons doesn't talk about prices of individual homes to protect the privacy of its owners. And don't go looking on the public record for pricing, either. Utah is a non-disclosure state so that kind of information is, well, private.
The company is divided into several divisions, depending on the requirements of its clientele. The estate homes division, for example, builds homes in the $2 million to $20 million range. The communities division constructs homes from $600,000 to $1.2 million in specific communities. Then the remodeling division tackles projects from about $700,000 to $1 million, while the home maintenance division takes on refurbishing jobs up to $50,000.
Magleby owns and operates its own cabinet shop at its Lindon headquarters where it also builds high-end doors and mills the molding for its projects and those of other area custom homebuilders. With few exceptions, the cabinet shop is booked up for the next year.
The company encourages education among its employees and many are certified in their respective fields. In addition to their own employees, Magleby sponsors education for area homebuilders. Their goal, Simons said, is to not only raise the quality of our own team, but also of the industry.
The company also shows its prowess by the awards it has won. In 2007 the National Association of Home Builders named it Custom Builder of the Year and last year Magleby Construction was recognized nationally for an ICF (insulated concrete forms) home it built in Bluffdale. In January it will receive another national award for a home in September's Park City Showcase of Homes. Details about that award will be released when it is given, Simons said.
The company is also involved in the community and has voluntarily framed homes for Habitat for Humanity, a self-help, and charitable group. Simons is vice president of the Utah County affiliate for the group, while Paul Magleby serves as Utah Director for the NAHB Board of Directors in Washington D.C. and Chad Magleby is on the Brigham Young University construction management advisory council.
More examples of Magleby's work. Above is one of the company's kitchens, while an office example is to the right.
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