Company History

Prior to forming Magnolia Construction, Randy Foster was the Construction Manager for Highwoods Properties in Winston-Salem and Greensboro. As Construction Manager, Mr. Foster oversaw all construction of new office buildings and warehouse facilities and subsequently the up-fits of any work within these buildings. In 1990, using Mr. Foster’s contractor license, Highwoods Construction was formed. The new division self-performed the construction up-fits within the buildings. New construction of office buildings and warehouses continued to be performed by other general contractors and supervised by Mr. Foster.

From 1997 to 1999, Mr. Foster constructed more than 200,000 square feet of office buildings, 650,000 square feet of warehouse and 75 acres of site development through their general contractor/owner relationship.

In 2011, we were fortunate enough to add even more value to our client’s investment by having two of our esteemed Project Managers join as Managing Members. Gerard Perreault and Matt Foster have over 30 years of combined experience in the construction industry and we are honored to now call them Partners.

Revenues have increased from $4 million in 2000 to $35 million in 2018. The company continues to utilize their owner/contractor mentality to provide the end user with the most value for their investment.

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