Construction Today - Vol 21 Issue 4 | Page 57

_________________________________________________________________________________________________________ Alterman

POWERING the future ahead

Since celebrating its centenary in 2023 , Alterman has continued to lead in electrical construction , inspired by its new campus and driven by its dedicated team
lterman is not a new name to the pages of Construction Today . We last spoke with the President and CEO , Greg Padalecki in 2023 , a year after the company first broke ground on its new impressive state-of-the-art campus . For those who haven ’ t yet heard of the business , it was founded in 1923 by Nathan Alterman , as Nathan Alterman Electric Co . Ltd . Just 24 years old at the time , Nathan purchased an existing company and began operations , with downtown remodeling as the primary focus during the 1930s and 1940s .
Alterman ’ s reputation grew steadily , and the company was awarded significant projects , including the first San Antonio River beautification project in the late 1930s . The work illuminated iconic landmarks like the Arneson River Theater , showcasing a commitment to quality and innovation . During World War II , Alterman played a crucial role in military projects at air force bases across Texas .
In 1949 , Richard Alterman , fresh from Texas A & M University , joined his father ’ s company , eventually becoming president in 1972 . The company ’ s portfolio expanded significantly during the 1960s , highlighted by the completion of 30 projects for the World ’ s Fair at HemisFair Park in 1968 . Throughout the 1970s and 1980s , Alterman thrived , undertaking diverse projects ranging from hospitals to high-rise office buildings . In 1984 , Alterman transitioned to an employeeowned company , setting the stage for strategic growth under the leadership of Jerry Kolinek and Don Kuykendall .
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