Meadow Valley Names Robert Bottcher President, Arizona Area, and Robert Terril President, Nevada AreaRobert Bottcher (Photo: Bus
23 April 2007 - 9:30PM
Business Wire
Meadow Valley Corporation (NASDAQ:MVCO) today announced that its
construction services subsidiary, Meadow Valley Contractors Inc.,
has promoted Area Managers Robert W. Bottcher and Robert A. Terril
to the new positions of President, Arizona Area, and President,
Nevada Area, respectively. Meadow Valley also announced that Chief
Operating Officer Alan Terril, 66 years old, has retired as
planned, effective April 20, 2007. "We thank Alan Terril for his 15
years of dedicated service to Meadow Valley, and for his many
significant contributions to our success. We will miss his wise
advice and counsel, and we all wish Alan the best in his
retirement," said Chief Executive Officer Bradley Larson. "In view
of the growth and increasing complexity of our construction
services and construction materials businesses, and the outstanding
opportunities for further growth we see ahead of us in each of our
primary market areas, we have decided to distribute Alan's
responsibilities among Meadow Valley's CEO, CAO and the two new
Area Presidents for Arizona and Nevada, with each Area President
reporting directly to the CEO of Meadow Valley Corporation. We are
pleased to announce that Robert Bottcher and Robert Terril have
been named to fill these new posts. We are confident that they have
the experience, dedication and energy required to effectively
manage Meadow Valley's expanding operations in these markets,"
Larson added. Robert Bottcher, 50 years old, joined Meadow Valley
in 1995 and was named Arizona Area Manager in August of that year.
Bottcher has more than 26 years of experience in the heavy civil
construction industry. He has a bachelor's degree in Construction
Management from Arizona State University. Robert Terril, 48 years
old, joined the Company in 1996 as Utah Area Manager, and was named
Nevada Area Manager in 2001. His experience spans nearly thirty
years in the heavy construction industry. He attended Dixie College
and Brigham Young University. About Meadow Valley Meadow Valley
Corporation, based in Phoenix, Arizona, is engaged in the
construction industry as both a contractor and a supplier of
construction materials. The Company's construction services segment
specializes in structural concrete construction of highway bridges
and overpasses, and the paving of highways and airport runways,
primarily in Nevada and Arizona. The Company's construction
materials operations provide concrete and gravel products primarily
to other contractors. The Company's materials operations are
concentrated in Southern Nevada and Arizona. Forward-Looking
Statements Certain statements in this release are forward-looking
statements within the meaning of the Securities Litigation Reform
Act of 1995. Such statements are based on current expectations,
estimates and projections about the Company's business based, in
part, on assumptions made by management. These statements are not
guarantees of future performance and involve risks and
uncertainties that are difficult to predict. Therefore, actual
outcomes and results may differ materially from what is expressed
or forecasted in such forward-looking statements due to numerous
factors, including the following: changes in demand for the
Company's products and services, product mix, the timing of new
orders and contract awards, the impact of competitive products and
pricing, excess or shortage of production capacity, and other risks
discussed from time to time in the Company's Securities and
Exchange Commission filings and reports, including the Company's
Annual Report on Form 10-K for the year ended December 31, 2006. In
addition, such statements could be affected by general industry and
market conditions and growth rates, and general domestic economic
conditions. Such forward-looking statements speak only as of the
date on which they are made and the company does not undertake any
obligation to update any forward-looking statement to reflect
events or circumstances after the date of this release.
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