Hoyt Hsiao

CEO and President

Shaw-Lundquist Associates

Description

When Hoyt Hsiao took over Shaw-Lundquist Associates in 2009, it was terrible time to be in construction. The company saw its revenue plummet by nearly half from 2008 to 2011, and work was hard to come by. Hsiao guided the firm his father started in 1974 to solid footing by focusing on sustainble buldings and continued emphasis on public projects. Shaw-Lundquist bounced back in 2012. It's expected to hit $68 million to $70 million in revenue in 2013, sealing its place as the largest minority-owned contracting firm in the Twin Cities.