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City's #2 Construction Firm Gets Its First CEO--The Owner

CHARLOTTE-After growing Edifice Inc. from $500,000 in revenue to $120 million, owner and president Eric Laster has become the company's first CEO and named John Schultze president of the city's second largest privately held construction firm.

By Brian Falk | Updated on February 19, 2001

CHARLOTTE-After growing a small construction firm from $500,000 in revenue to $120 million in 2000, Eric Laster, owner of Edifice Inc., has given control of day-to-day operations to John Schultze. Laster has moved from president to become the company’s first CEO, and Schultze has been promoted from executive vice president to president. The company will make a formal announcement at a later date.

Edifice was founded in 1978. When Laster bought the company in 1987, it had three employees. Focusing on the entertainment and religious sectors in other states, he grew the company quickly. By 1997, the company had 80 employees and $100 million in revenue.

It was the fastest growing privately owned business in the Piedmont that year and was featured in Inc. Magazine as one of the 500 fastest growing privately held companies in the country. Today, Edifice is the second largest privately held general contractor in Charlotte, and one of the top five overall.

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