The core of Webcor is commercial building in northern California and the Silicon Valley. The company constructs mid- and high-rise office buildings, residential and medical facilities, hotels, and parking structures. Known for its focus on high-tech projects, Webcor has worked on headquarters for Oracle and Adobe Systems and a headquarters compound for Industrial Light + Magic and LucasArts Entertainment. The company also provides interior construction and capentry services, seismic upgrades, concrete construction, and consulting services. Webcor, which was founded in 1971, is owned by Japanese construction company Obayashi.
By partnering with Obayashi, Webcor has gained access to larger, more complex projects. It also opened up new markets. Webcor has been awarded construction projects in places such as Guam. Many privately-funded projects were either delayed or scrapped during the economic downturn, which impacted California's construction industry. To fill its backlog Webcor looked to overseas projects and public works or other state-funded projects, such as new construction on the campus of University of California San Diego.
In 2008 Webcor dipped into the venture capital realm when it formed a partnership designed to seek out green building materials and technology startups. Webcor and its partner Navitas work to identify potential investments.
Webcor has offices in Los Angeles, San Diego, San Francisco, Hayward, Anaheim, San Mateo, Seattle, and Park City, Utah.. – less