Missouri-based Gold Mechanical expands with Springdale office

Gold Mechanical Inc., a mechanical contracting company based in Springfield, Mo., recently opened a second office in Springdale at 1107 Shaver St.

CEO Ron Bogart said the second office is only about 2,400 square feet. He said Gold Mechanical is not expanding to staff a presence in Northwest Arkansas. Instead, the company will bring its own workers to the region and limit hiring people who are already working for other companies.

“One of the secrets to our success has been importing manpower to the area and limiting the hiring of local individuals who are already providing the needed services,” he said.

Bogart said Gold Mechanical, which has 175 employee-owners, has up to 30 trucks in Northwest Arkansas, and a third of its workers are there each day. The company’s services include commercial HVAC, plumbing and pipe fitting.

Dwain Gold started the business in 1987. In 2013, Gold became employee-owned to prepare for his retirement in 2015. That’s when Bogart became CEO. The current leadership team has grown the company from $30 million at the time of the transaction to $50 million in revenue for 2023.

“We are currently running 15% ahead of our 2023 numbers,” Bogart said.

Gold Mechanical worked on its first Arkansas project in 2003. In 2018, the University of Arkansas hired the company to participate in the construction of Adohi Hall. It opened in 2019 as the first large-scale mass timber student housing facility constructed in the U.S.

Bogart said the company recently finished significant projects for J.B. Transport Services, Lewis Automotive and Walmart Inc. Gold Mechanical is currently working on two downtown Bentonville hotel projects and multiple projects for the UA, and is a new member of the Northwest Arkansas Council.