CACHE VALLEY ELECTRIC – A COMPANY TIMELINE – – 1884 – Henry Frederick (H.F.) Laub is born in Gilman, Illinois to John and Christina Laub. – 1908 – Henry begins his electrical career with Keokuk Electric Light and Power Company in Iowa. Relocates to work for Commonwealth Edison Company and becomes superintendent of the Electric Bond and Share Company of New York. Henry Frederick Laub – 1915 – Henry moves to Logan, UT, establishing his roots and collaborating with Harold M. Wolf, R.U. Nicol, and N.L. Taylor to buy and incorporate Cache Valley Electric Company. Henry marries Afton Nelson. His sister Clara serves as the company’s secretary and treasurer. – 1916 – Cache Valley Electric completes the new chemistry building at the Utah Agricultural College (now Utah State University). It is the company’s first major contract in Cache Valley. Chemistry Building at Utah Agricultural College John H. Laub is born to Henry and Afton Laub. – 1917 – John (Jack) H. Laub Cache Valley Electric’s storefront location – 35 S. Main Street, Logan, Utah (c. 1917). Claire Laub is born to Henry and Afton Laub. – 1922 – Jack (left) and Claire (right) Laub – 1923 – Harold Wolf leaves the company. Capitol Electric, later GE Supply, loans the money for Henry to buy out the remaining stockholders. – 1926 – Logan buys its first and only professional baseball team. Henry finances the venture. This little sidelight is an early example of the Laub family and Cache Valley Electric’s support for community affairs and love for sports. – 1927 – Cache Valley Electric completes work on the Salt Lake City Masonic Temple. It is one of the company’s earliest ventures outside of Cache Valley. Wayne (Skeet) Garrett begins working for Cache Valley Electric. He leaves Cache Valley Electric for military duty during World War II, but later returns to become the corporate secretary. – 1933 – Wayne (Skeet) Garrett – 1938 – In collaboration with Herschel Bullen, Henry buys the Cache Valley Broadcasting Company and operates radio station KVNU in Logan. Jack’s sister Claire works as a part time announcer at the Logan station. By the late 1940’s Henry decides the communications business is not for him and he sells his interest to Bullen. Jack Laub graduates from the University of Southern California with a degree in electrical engineering. – 1940 – Jack Laub Cache Valley Electric begins work at Utah’s Hill Field (now Hill Air Force Base). The facility is adjacent to the existing Army Ordnance Depot, which has already employed Cache Valley Electric on an Administration Building, a 37-millimeter shell loading plant and an underground electrical distribution system. Large contracts are soon completed at the Ogden General Depot, Camp Kearns, the Tooele Ordnance Depot (the Army’s largest supply center in the West), military installations in Idaho, and the Naval Supply Depot in Clearfield, UT. Jack Laub serves as a project manager at the naval facility and upon completion the firm is awarded the coveted Army-Navy E (for excellence) commendation. It is a rare honor. – 1940 – (cont.) Hill Field – 1941 – Jack Laub marries Dorothy Egbert. – 1942 – Jack Laub Jr. is born. – 1947 – William Henry (Bill) Laub is born. – 1948 – Clara (Laub) Balfe, the company’s first secretary and treasurer dies. – 1950 – Jim Laub is born. Cache Valley Electric abandons the appliance and residential wiring trade and focuses its efforts on industrial, large commercial and governmentsponsored projects. – 1952 – Utah State University Student Union Building – 1953 – Henry Laub retires. Jack Laub Sr. assumes most of the responsibility for managing the company. Jack Laub – 1958 – Richard Stanley Laub is born. – 1959 – Henry Laub dies of a heart attack at the LA Coliseum during a football game between USC and UCLA. The future of Cache Valley Electric is now entirely in Jack Sr.’s hands. – c. 1960 – Now established as one of the Intermountain West’s preeminent electrical contractors, Cache Valley Electric completes work at the Internal Revenue Service facility in Ogden, a large fish hatchery in northern Idaho and the Rosebud Indian Reservation in South Dakota. CVE also completes a major project at Fort Carson, CO, Interstate Lighting an underground power distribution system through downtown Salt Lake City, and a duct bank through Utah’s Wasatch Mountains for American Telephone and Telegraph, in addition to providing airport lighting at various facilities. Cache Valley Electric also begins projects in interstate lighting systems. It will soon become the foremost Utah contractor in this specialty. – 1966 – Jack Laub Jr. graduates from Utah State University and enters the United States Navy as an ensign. Upon discharge he begins his career at Cache Valley Electric as an estimator and project manager. His first project is the new main post office facility in Salt Lake City. – 1972 – Bill graduates from Utah State University and the University of Missouri. – 1974 – Logan Regional Hospital Jim Laub graduates from Utah State University and also takes an extensive course in construction management at Arizona State University. Jim returns to work in the field. He soon becomes a project manager and completes his first assignment on the electrical system for Logan Regional Hospital. Bill is promoted to company vice president and put in charge of Underground Utilities Inc., a wholly owned subsidiary of Cache Valley Electric. William (Bill) Henry Laub – 1980 – The firm moves to a new 10-acre site in Logan, UT. – 1980 – (cont.) Wayne Garrett retires. He has been employed with Cache Valley Electric since the 1930’s. Boyd Lewis is hired to oversee the financial and accounting affairs of Cache Valley Electric. Nucor Steel, one of the nation’s largest steel producers, builds a new facility in Plymouth, Utah. CVE is awarded a small contract for a duct bank. Jack Sr. and Jim meet with John Correnti, who oversees construction at Plymouth, and begin a long relationship with Nucor. By the end of the century, Nucor Steel, Plymouth, Utah CVE builds projects for Nucor and its subsidiaries all over the county and internationally (Thailand). Cache Valley Electric remains a constant presence at Nucor Plymouth since this first project. Jim Laub takes charge of heavy industrial projects at this time. – 1981 – Jim Laub marries Carol Balls. – 1982 – Stan Laub is killed in an automobile accident. Jack Sr. retires naming Jack Jr. the company president, Bill stays as vice president and Jim is the secretary and treasurer. – 1985 – Cache Valley Electric is awarded the underground electrical distribution system under the direction of the Army Corps of Engineers. The contract, in excess of six million dollars, is the company’s largest contract to date and will take two years to complete. Upon completion, the Corps of Engineers awards Cache Valley Electric with its Quality Performance Award. Cache Valley Electric opens a new office in SLC. Steve Chilton is hired to oversee the SLC office and also becomes a VicePresident. Under his direction Cache Valley Electric quickly becomes the electrical contractor for the Primary Children’s Medical Center and Kennecott Utah Copper facilities. – 1986 – CVE is awarded its first contract for Nucor outside Utah, receiving the engineering and construction contracts for the Vulcraft Joist Plant in Ft. Payne, AL. CVE begins working continuously for Nucor on out-of-state projects since that time. Steve Chilton – 1987 – Mark Laub is born to Jim and Carol Laub. CVE begins working on Nucor Yamato Steel in Blytheville, Arkansas. This steel mill will become, upon completion, the largest producer of steel beams in the USA. – 1991 – CVE’s Salt Lake City Office The Salt Lake City office begins to work with customers needing computer and communications services. It would also begin service work, a branch dedicated to providing customers with quick response to existing electrical needs. The two will become divisions within the company. CVE is awarded the American Stores Tower (now the Wells Fargo Building), Salt Lake City’s tallest building at the time. – 1996 – CVE officially forms its Teledata Division after performing this type of work since the 1980s. American Stores Tower Jim purchases Jack Jr.’s stock and takes over sole ownership of Cache Valley Electric. Jack Jr. establishes CVE Construction. – 1997 – Eric Laub is born to Jim and Carol Laub. Jim Laub – 1999 – 2002 Winter Olympics Jack Jr. retires and sells the existing contracts and assets held by CVE Construction back to Cache Valley Electric. CVE Construction is disbanded. Cache Valley Electric becomes heavily involved with the construction for the 2002 Winter Olympics to be held in Salt Lake City. Mike Dameworth is promoted to Vice President and Director of Electrical Construction in CVE’s Salt Lake City office. – 2000 – Mike Dameworth Carl Hipwell, a key supervisor for CVE on out-of-state projects, returns to Utah to supervise CVE’s work on the 2002 Olympic Games in Salt Lake City. Carl is promoted to Vice-President of Field Operations. – 2001 – Carl Hipwell – 2002 – Nate Wickizer is promoted to Chief Operating Officer after serving as CVE’s safety director for several years. Cache Valley Electric opens a Portland, OR office in order to take advantage of opportunities in the high tech communications arena in the Northwest. Nate Wickizer – 2003 – CVE forms its Technology Services Division, focusing on providing clients with telecommunication and networking service. This division allows CVE the ability to offer full-service Network, Voice, and Data Security design, implementation, and maintenance services with a staff of certified Cisco Engineers including CCIEs, CCNPs and CCNAs. TSD later expands into data center, storage, and cloud services. Jack Laub Sr. dies. The direction and personal ethics he brought to Cache Valley Electric are still an integral part of the company’s Technology Services Division makeup. The vision and values he brought to Cache Valley Electric remain an integral part of the company. CVE holds its first annual Employee Recognition Banquet. The company recognizes many retirees with decades of service, including Dee Geary (37 years), Erv Gustaveson (38 years), Arlo Ward (37 years), Rex Gustaveson (44 years), Merlin Ward (39 years), Skip Mair (43 years), and Marian Stephenson (45 years). – 2004 – Avtec Systems Integrators Cache Valley Electric acquires the established company Avtec Corporation, a specialist in systems integrations that offers development, design build, installation, maintenance and service of fullyintegrated access control, intrusion detection and video surveillance. It conducts business as Avtec a division of Cache Valley Electric. – 2005 – CVE exceeds $100 million dollars in revenue. Mark Laub begins work in the field on the Malt-O-Meal project in Tremonton, Utah. Malt-O-Meal, Tremonton, Utah – 2006 – CVE’s manpower peaks at 1000 employees for the first time. Cache Valley Electric forms a Multimedia department, focusing on a full range of services for audio-visual controls projects. Its services include the installation and programming of multimedia presentation systems. – 2007 – CVE exceeds $200 million in revenue. CVE is awarded a contract for the 222 South Main Building, which replaces the Wells Fargo Building as Salt Lake City’s tallest building. 222 South Main, Salt Lake City, Utah – 2008 – Cache Valley Electric opens a new headquarters office at 875 North 1000 West in Logan. It is the latest of seven offices that the company has called home in the firm’s 100 year history. CVE Headquarters, Logan, Utah Substation Project Cache Valley Electric formally establishes a Line and Substation Department. Implemented 94 years after the company was started, the department is a return to where Henry Laub made his entry into the electrical world when he helped build electrical transmission and distribution systems in the Intermountain and Pacific Northwest states. – 2011 – Cache Valley Electric opens an office in Dallas, Texas. The business operates as CVE Technologies and focuses on integration of network technologies into telecom service provider networks. – 2012 – CVE Hosted Services, a provider of backup and recovery of data for customers, is established. CVE occupies data centers in St. George, Utah and Dallas, Texas. CVE’s manpower peaks at 1500 employees. – 2013 – CVE exceeds $300 million dollars in revenue. Mark Laub is promoted to Fleet and Equipment Manager. Cache Valley Electric’s Blytheville, AR office CVE moves into a new office in Blytheville, AR to service expanding industrial projects throughout the United States. Claire Laub Huchel - one-time CVE stockholder, unofficial Laub family matriarch and daughter of founder Henry Laub - dies. NSA Data Center, Utah CVE is awarded the contract to provide labor on the NSA Data Center in Utah. This will turn out to be CVE’s largest contract to date. Cache Valley Electric is awarded its first contract in Hawaii and begins work at the Kapi’olani Hospital on Oahu. Since that time CVE has been awarded several other projects in Hawaii. – 2014 – Eric Laub starts working in the Logan office as a student intern. Kapi’olani Hospital Construction – 2015 – CVE officially forms the Signal and Utility Division after performing this type of work for many years. Cache Valley Electric celebrates its 100 year anniversary. CVE begins construction of its new Salt Lake City office. LOGAN OFFICE 875 North 1000 West • Logan, UT 84321 • (435) 752-6405 SALT LAKE CITY OFFICE 1414 So. Gustin Road • Salt Lake City, UT 84104 • (801) 908-6666 PORTLAND OFFICE 6200 SW Arctic Dr. • Beaverton, OR 97005 • (503) 431-6600 ARKANSAS OFFICE 5590 E. State Hwy. 137 • Blytheville, AR 72315 • (870) 824-6670 DALLAS OFFICE 2370 West Arifield Dr., Suite 200 • Dallas, TX 75261 • (469) 867-5309 www.cve.com