Superior construction firm RJS to end operations this year
A decades-old Superior-based construction firm that manages industrial, business and highway projects announced Tuesday that it will end operations.
RJS Construction Group will cease most functions immediately while “winding down” its remaining operations throughout 2016, honoring commitments for work already underway.
In a news release, Todd L. Johnson, chairman and CEO of RJS’ parent company Capstan Corp., cited “economic changes and challenges that now exist in the marketplace.”
Nine construction managers who work for RJS will be affected by the closure; the company uses contracted services for labor and other construction work.
“We will work hard to find spots for the people at RJS who are affected by this decision. We have a number of other companies in our group, and we will do our best to help individuals find employment there,” Johnson said in a statement.
In addition to RJS, Capstan owns several other Twin Ports firms, including Viant Crane, Fraser Shipyards, Lake Assault Boats and the AtWater Group, a commercial real estate firm. Those businesses, along with the RJS Marine Division, will remain open.
RJS dates back nearly 60 years. RJS President Pete Weidman and Vice President of Construction Services Dustin Waldo will continue to oversee operations as the construction firm’s operations wind down this year.
“I’d like to thank everyone for the journey we have taken together — the experiences we have had and the good, hard work that we have done,” Johnson said.