After more than 60 years in business in the Utica area, Charles A. Gaetano Construction Corp. was purchased by a Rochester construction company.
The Pike Company announced the acquisition on Wednesday. Charles Gaetano, the company’s founder, died in September; his son, Brian, runs the general contracting, construction management and design-build business. The purchase also includes C2C Construction Solutions.
The acquisition, completed Oct. 31, includes the retention of all employees and senior management, according to a statement from The Pike Company.
“Pike was interested in establishing an office in central New York and it made sense to merge with an established company like ours that had a loyal following,” Gaetano said in a statement. “The merger ensures no disruption to our local operations and provides job security to all of our employees.”
Mohawk Valley Development Projects to Watch
Gaetano Construction has been involved in a number of large-scale development projects in the Utica area, including renovations to Olbiston Apartments, Mohawk Valley Health System’s Wynn Hospital, and Kelberman Apartments at Sunset. The company also worked on the Globe Mills Lofts, the University of Utica athletics facilities, and the roof and facade of the Utica Memorial Auditorium.
“A life of construction”:‘A life of construction’: Utica construction company founder Charles Gaetano dies at 99
Pike, a construction company founded in 1873 and based in Rochester, operates in upstate New York and central Florida. The Pike Company is partnering with Syracuse-based Bowers Development to redevelop Utica’s Kennedy parking lot. He also provided construction management services for the Utica City School District Capital Project in the 2010s.
“This is a very exciting decision for Pike,” Pike CEO Rufus Jordan said in a statement. “I am thrilled to combine our industry expertise and construction technologies with the amazing people and trusted relationships at Gaetano and C2C.”