C. C. Myers

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C.C. Myers, Inc. reconstruction work on the eastbound Interstate 580 connector ramp, MacArthur Maze, Oakland, California, May 2007 MacArthur Maze connector.JPG
C.C. Myers, Inc. reconstruction work on the eastbound Interstate 580 connector ramp, MacArthur Maze, Oakland, California, May 2007

C.C. Myers, Inc. was a Rancho Cordova, California based construction company specializing in building highways and bridges. Started in 1977 by Clinton C. Myers, the company re-formed as an Employee Owned Venture in 2008, or ESOP company. [1] [2] The company filed for Chapter 7 bankruptcy and turned its assets over to the court to be distributed to creditors in 2016. [3]

Contents

History

Founded on January 31, 1977, C.C. Myers, Inc. started as a civil construction bridge building company from its first project at Emigrant Gap, CA. As the company grew, it completed over 250 projects and over 1,000 bridges.

In 1989, after the Loma Prieta earthquake, C.C. Myers, Inc. crews working near the Cypress Freeway were some of the first people on the scene of the collapsed freeway. They assisted in shoring up the structure while rescue efforts were underway for people trapped in the collapsed section of freeway.

The company was awarded an emergency contract by the California Department of Transportation Caltrans in the aftermath of the earthquake to rebuild a section of Highway 1 where it crosses Struve Slough. [4] [5] This was the beginning of C.C. Myers, Inc.'s reputation as an emergency contractor.

In 1994, the Northridge earthquake in Southern California damaged four bridges on the Santa Monica Freeway in Los Angeles. C.C. Myers, Inc. won the contract to replace them. The contract specified that the work had to be completed in 140 days, and the State of California, understanding the loss to the LA economy that was caused by the freeway being down, offered a $200,000 per day bonus for each day prior to the 140 days that the bridge opened. With the cooperation and extra effort from Caltrans, the City of Los Angeles, the workers, and even the citizens of LA, the company completed the job in 66 days, a full 74 days ahead of schedule. The $14.8M bonus is the largest early completion bonus paid by Caltrans. The closure of the freeway was estimated to cost the economy of the area as much as $1M per day. [6]

In 2005 C.C. Myers started looking toward retirement. The end result of his work was a strong company that bore his name, and wanting the legacy to continue, he gave the company to his employees through an ESOP transaction. [7] C.C. Myers, Inc. employees now own their own company. Myers declared personal bankruptcy in 2008 over an unrelated personal business venture. The construction company was not directly affected by the bankruptcy but Myers lost his stake in the ownership. [8] Since leaving C.C. Myers, Inc., Mr. Myers formed a new construction company in 2010, Myers and Sons Construction, LP. [9]

As C.C. Myers, Inc. grew, so did its share of emergency work. By its 34th year in business, C.C. Myers, Inc. will have completed 19 emergency projects. In 2007, the speedy Macarthur Maze rebuild garnered a $5M bonus for opening the collapsed freeway 27 days ahead of the deadline. [10]

In 2016 C.C. Myers filed for Chapter 7 bankruptcy. The company’s remaining assets were turned over to the court to be distributed to creditors. [3]

Notable Projects

Related Research Articles

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<span class="mw-page-title-main">Interstate 580 (California)</span> Interstate highway in California

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<span class="mw-page-title-main">Interstate 980</span> Interstate highway in California

Interstate 980 (I-980) is a short 2.03-mile (3.27 km) auxiliary Interstate Highway entirely within Oakland in Northern California, connecting I-580 and State Route 24 (SR 24) to I-880 near Downtown Oakland. I-980 passes the Oakland Convention Center and near the famous Jack London Square. I-980 is commonly considered the dividing line between Downtown Oakland and West Oakland. The freeway was planned as the eastern approach to the Southern Crossing. It is officially known as the John B. Williams Freeway, after the former director of the city of Oakland's Office of Community Development.

<span class="mw-page-title-main">Interstate 280 (California)</span> Interstate highway in California

Interstate 280 (I-280) is a 57.22-mile-long (92.09 km) major north–south auxiliary Interstate Highway in the San Francisco Bay Area of Northern California. It runs from I-680 and US Route 101 (US 101) in San Jose to King and 5th streets in San Francisco, running just to the west of the larger cities of San Francisco Peninsula for most of its route.

<span class="mw-page-title-main">California State Route 13</span> State highway in Alameda County, California, United States

State Route 13 is a state highway in the U.S. state of California. It runs entirely in Alameda County, connecting Interstate 580 in Oakland to Interstate 80/Interstate 580 in Berkeley.

<span class="mw-page-title-main">Interstate 238 and State Route 238 (California)</span> Highway in California

Route 238, consisting of State Route 238 (SR 238) and Interstate 238 (I-238), is a mostly north–south state and auxiliary Interstate highway in the San Francisco Bay Area of California. The southern segment is signed as SR 238 and is a divided multilane surface highway that runs parallel to the Hayward hills between I-680 in Fremont and I-580 in Castro Valley. The northern segment is signed as I-238 and is a six-lane freeway that runs more east–west between I-580 and I-880 in San Leandro.

<span class="mw-page-title-main">California State Route 24</span> Highway in California

State Route 24 is a heavily traveled east–west state highway in the U.S. state of California that serves the eastern side of the San Francisco Bay Area. A freeway throughout its entire length, it runs from the Interstate 580/Interstate 980 interchange in Oakland, and through the Caldecott Tunnel under the Berkeley Hills, to the Interstate 680 junction in Walnut Creek. It lies in Alameda County, where it is highly urban, and Contra Costa County, where it passes through wooded hillsides and suburbs. SR 24 is a major connection between the San Francisco–Oakland Bay Bridge/MacArthur Maze complex and the inland cities of the East Bay.

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Interstate 205 (I-205) is an east–west auxiliary Interstate Highway in the San Joaquin Valley in Northern California. It runs from I-5 west to I-580. Along with those highways, I-205 forms the north side of a triangle around the city of Tracy. The route provides access from the San Francisco Bay Area to the northern San Joaquin Valley.

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The MacArthur Maze is a large freeway interchange near the east end of the San Francisco–Oakland Bay Bridge in Oakland, California. It splits Bay Bridge traffic into three freeways—the Eastshore (I-80/I-580), MacArthur (I-580) and Nimitz (I-880).

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References

  1. C. C. Myers, Inc. | Company Profile from Hoover’s
  2. "C.C. Myers, Inc.: Private Company Information - Businessweek". 11 October 2012. Archived from the original on 2012-10-11. Retrieved 16 June 2023.
  3. 1 2 The Sacramento Bee (subscription required)
  4. "Archived copy" (PDF). Archived from the original (PDF) on 2012-04-17. Retrieved 2011-04-01.{{cite web}}: CS1 maint: archived copy as title (link)
  5. "Unemployment Hits 18% | 2009-09-02 | ENR | Engineering News-Record". www.enr.com. Retrieved 16 June 2023.
  6. Zamichow, Nora; Ellis, Virginia (6 April 1994). "Santa Monica Freeway to Reopen on Tuesday : Recovery: The contractor will get a $14.5-million bonus for finishing earthquake repairs 74 days early". Los Angeles Times. Retrieved 16 June 2023.
  7. Squatriglia, Chuck (13 May 2007). "A gutsy guy's big gamble on the maze". SFGATE. Retrieved 16 June 2023.
  8. C.C. Myers' home for sale The Sacramento Bee Archived 2015-10-16 at the Wayback Machine C.C. Myers' Home For Sale
  9. "Myers and Sons Construction, LP". Archived from the original on 2014-10-12. Retrieved 2014-04-18.
  10. Cabanatuan, Michael (25 May 2007). "A-MAZE-ING / His reputation on the line, contractor finishes repair early, and I-580 opens". SFGATE. Retrieved 16 June 2023.
  11. "Bridge Hunter". bridges.sssi.vegas. Retrieved 16 June 2023.
  12. "Bay Bridge will be closed on Labor Day". 2 August 2007. Retrieved 16 June 2023.
  13. "MTC - Projects". Archived from the original on 2011-05-05. Retrieved 2011-04-01.
  14. Rubenstein, Steve (31 May 2008). "Big I-5 fix starts today in Sacramento". SFGATE. Retrieved 16 June 2023.