Most Admired CEOs 2016: Ravi Norman, Thor Construction Inc.

The project portfolio of general contractor Thor Construction Inc. includes sports stadiums, hotels, office towers and retail stores in markets across the country, including U.S. Bank Stadium and TCF Bank Stadium in Minneapolis. Impressive as those structures are, however, CEO Ravi Norman has his sights set on something larger for the company: building communities.

“We make … Read More

Who’s Who at the Most Admired CEOs Event

More than 300 people celebrated some of Minnesota’s top executives Wednesday evening at the Minneapolis-St. Paul Business Journal’s first-ever Most Admired CEOs Awards.

Business Journal photographer Nancy Kuehn was on hand to cover the scene at the Nicollet Island Pavillion, where CEOs such as Lynn Casey of PadillaCRT, Jeff Gau of Marco and Ravi Norman of Thor Construction were recognized for … Read More

How we chose the 2016 Most Admired CEOs

Minnesota has a national reputation for business leadership, and the Business Journal has a 34-year history of covering the people and industries that make the state a great place to do business.

For 40 years, the Minneapolis/St. Paul Business Journal has been recognizing chief executive officers from Minnesota’s largest companies in our annual Executive of the Year awards. In the first … Read More

Diversity in Business: Ravi Norman, Thor Construction Inc.

Ravi Norman has been CEO of Thor
Construction Inc., a $100 million construction
firm that was among the key builders of U.S. Bank Stadium, since 2009.

Thor is already heavily invested in the African- American community. It’s the largest minority- owned business in Minnesota, and it’s moving its headquarters from Fridley to North Minneapolis.

However, Norman, who is also on the board … Read More

Hennepin County, Thor plan to transform North Minneapolis intersection

Hennepin County intends to buy two Minneapolis-owned parcels at Penn and Plymouth Avenues in North Minneapolis, which it expects will trigger about $100 million in new development.

The proposed deal, which involves the southeast and southwest corners of the intersection, is on the Minneapolis Planning Commission’s July 21 meeting agenda. The
agenda doesn’t include any details about terms of the sale. … Read More

T-Mobile Arena, Las Vegas

More than 1 million square feet of concrete was placed to complete the T-Mobile Arena in Las Vegas. The new stadium seats 20,000 people and cost $375 million. A big component of this project was to place large concrete columns that provide the core structural support for the arena decking, siding, and roof.

Working with local concrete suppliers,Thor Construction developed some … Read More

Thor Construction Aims to Lead with its Dollars and Actions

As reported yesterday in Globest.com, a construction company with $150 million in annual revenue has decided to move its headquarters from the leafy suburbs of Minneapolis into the city’s north side, a historically disadvantaged community. Today, Ravi Norman, the chief executive officer of THOR Construction Co., tells GlobeSt.com more about this decision and what company officials hope to … Read More

THOR Sets Its Sights On North Minneapolis

Twin Cities-based THOR Construction Co. has just put forward a plan for a new national headquarters in an economically-challenged portion of Minneapolis, and hopes it will also become a hub for minority entrepreneurship. The company wants to construct a four-story, $30 million multi-tenant office and retail center at the intersection of Plymouth and Penn avenues in the North Minneapolis neighborhood.

Ravi … Read More

Thor Construction Outlines New HQ In North Minneapolis

Fridley ­based Thor Construction Company is moving ahead with plans to relocate its headquarters to north Minneapolis. On Wednesday, Thor announced its vision for a new four­story, $30 million project that will include office and retail space at the corner of Plymouth and Penn Avenues.

Richard Copeland, founder and chairman of Thor, previously outlined the company’s plan to TCB in a … Read More

Thor Construction bets big on north Minneapolis

Thor Construction has some splashy design plans for an underused property in north Minneapolis.

With a design that focuses on sustainability and attractive streetscapes, Thor Construction hopes to set new $30 million multitenant office and retail building on a vacant property in the southeast quadrant of and Penn avenues.

Thor, now based in Fridley, announced its plans for the privately funded development … Read More