Auburn-based Fetters Construction Inc. has acquired Corporate Construction Inc., also located in the DeKalb County city. The combined operation will have about 150 employees.
As part of the deal, Corporate Construction will become a division of Fetters Construction, but continue to operate under its current name. Fetters says the two companies have worked on a total of more than $1 billion in construction projects and bring more than 50 years of experience to the construction market in Indiana and surrounding states.
Fetters President Eric Pederson says the deal will bring a "fresh approach and increased efficiencies to the construction management and design-build market." The company says the acquisition results in a more unified work flow for the design and delivery process from initial concept through project completion.
The acquisition is effective immediately.