Minneapolis-based Kraus-Anderson Companies has been named Corporation of the Year by the Metropolitan Economic Development Association (Meda). Meda provides assistance to businesses owned and managed by entrepreneurs of color.
When Meda helped start the Construction Partnering Program in 1996, Kraus-Anderson Companies, Inc. was one of the first general contractors to commit to a teaming/partnership agreement with a Minority Business Enterprise.
“We believe that the work of Meda plays a critical role in fostering economic self-sufficiency for its MBE clients,” said Kraus-Anderson chairman and chief executive officer Bruce Engelsma in a written statement. “We are honored to be recognized by Meda and proud to support its important work.”
In 2013, Kraus-Anderson won the prestigious CPP General Contractor of the Year Award, presented to a general contractor that has shown a commitment to partnerships with minority- and women-owned contractors. This year, the company celebrates an eight-year partnership with Reiling Construction, a minority- and woman-owned company. The two companies have worked together on such notable projects as Regions Hospital, University of Minnesota Amplatz Children’s Hospital, Arlington Hills Community Center, University of Minnesota Amundson Hall and numerous projects at the Minneapolis/St. Paul International Airport.