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Manhattan Road & Bridge Company Acquires Jensen Construction Company (South Division) Assets and Project Contracts

TULSA, OK — Tulsa-based Manhattan Road & Bridge Co., Manhattan Construction Group’s heavy highway infrastructure subsidiary specializing in bridge construction, acquires the assets and select project contracts of Jensen Construction Co. (South Division). Jensen specializes in overwater bridge construction and is the oldest operating subsidiary of The Rasmussen Group of Des Moines, Iowa.

“The Jensen acquisition bolsters our marine-based structures and bridge-building capability with additional expertise and enhanced equipment resources,” said Manhattan Construction Group President Larry Rooney. “We look forward to continuing the long tradition of marine construction work that Jensen brings to the table. This is especially beneficial as it adds to our work in Oklahoma and Arkansas, enhances our reach throughout the southeast, and enhances our Florida operations.”

The acquisition includes a marine fleet of more than 52,000 square feet of inland marine barges, tug, and work boats and assumes three bridge projects. These projects include the Oklahoma Department of Transportation's Rogers County US 412 westbound bridge over the Verdigris River and Muskogee County US 62 eastbound and westbound bridges over the Arkansas River near Muskogee, Oklahoma, along with Louisiana Department of Transportation & Development's Caddo Parish Highway 1 bridge over Caddo Lake, near Mooringsport, Louisiana.

“Jensen Vice President Brad Peterson and employees of Jensen’s South Division team members will be integrated into Manhattan, raising Manhattan Road & Bridge’s employment total to approximately 500 employees,” said Manhattan Road and Bridge President Mike Webb. “We are thrilled to welcome Jensen’s team members into our Manhattan family of builders.”

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