Our History
Fulcrum was founded in 1989 during a real estate and banking crisis. At the time, construction work was non-existent, so we focused on providing consulting services for banks with distressed real estate assets. Thankfully, the market steadily rebounded, and Fulcrum persevered back to our original goal: to become a major player in the regional construction industry.
Fast forward to 2021, and Fulcrum is currently leading the industry as a well-known Construction Management firm. We have substantial experience constructing high-performance buildings, and have grown our reputation for delivering highly complex projects under difficult circumstances and aggressive timelines. Don’t believe us? Check out our Project Portfolio. Though we are a family-run business, Fulcrum has the execution capabilities of an ENR100 firm.
Here at Fulcrum, our culture is based on four “Core Values”. Whether you are a client, business partner, or simply a visitor, these Values will be demonstrated throughout every situation. They are the key to our success and we will continue to exemplify them to our fullest.
The past 32 years have seen a tremendously positive change in how we do business as an industry. Fulcrum is looking forward to continuing leading the way in the coming years!
Fulcrum Associates Timeline
1989
January 1, 1989
Fulcrum was founded in 1989 by Jeff Luter and Matthew Ladd. Back then, our primary focus was providing consulting services to local and regional banks and governmental agencies.
Read more1992
March 20, 1992
As the economy improved, Fulcrum returned to its roots: Construction. We quickly established ourselves as experts in constructing and renovating supermarkets, working for the Purity family of stores and Hannafords (formerly known as Shop N’ Save). To this day, Fulcrum has constructed and renovated over 100 supermarkets.
Read more1996
March 20, 1996
After a devastating fire struck the manufacturing facility of WPI Group in Warner, NH on New Year’s Eve, Fulcrum was tasked with urgently saving the day. 56 days later, WPI (now known as Warner Power) moved into their new 25,000sf office space and 30,000sf manufacturing plant.
Read more1998
March 21, 1998
In 1998, we began to expand into new markets. The popularity of data centers grew rapidly as the internet exploded, and Fulcrum became adept at designing and constructing the infrastructure necessary to keep the internet open for business.
Read more2000
March 21, 2000
As quickly as it came, the “dot-com” bubble burst around this time. Fulcrum started to focus on industrial projects; particularly, Hitchiner Manufacturing located in Milford, NH.
Read more2000-2003
March 1, 2003
These were landmark years for various Education projects, including: KinderCare, Creative Years, High Mowing School, and more.
Read more2006
March 21, 2006
2006 marked the year medical projects became a special focus for Fulcrum. In fact, we have delivered a major medical project every year since 2006. Fulcrum has renovated or constructed facilities for Southern New Hampshire Health Systems, Catholic Medical Center, Elliot Hospital, Dartmouth-Hitchcock, and St. Joseph Hospital.
Read more2007
March 21, 2007
Founder and co-owner Matthew Ladd decided to move to Rhode Island and sold his interest to Jeff Luter, who remains the sole owner of the company.
Read more2008-2012
March 17, 2008
It was around this time that we finally saw an increase in project size. These years were filled with showcase projects, such as: Copper Door Restaurant, LaBelle Winery, The Center at 17, and, our largest-scale project to date, Tidewater at Salisbury Apartments.
Read more2016
March 17, 2016
One of our biggest years for growth and change! In 2016, we hired over a dozen new employees and reached our highest revenue to date. This is also the year that our current logo was created!
Read more2017
March 17, 2017
New year. New Fulcrum. New office space! In order to promote a more collaborative and open work environment, we demolished our bullpen area and put up work stations; complete with “Fulcrum orange” paint and corrugated metal.
Read more2018
March 16, 2018
Fulcrum receives a BAE Systems Partner 2 Win Supplier of the Year Award for the Ramp 2 Rate Contractor of the Year based on exceptional performance and contributions to supply chain success in 2017 for BAE Systems’ Electronic Systems sector, after being selected from a pool of more than 1,600…
Read more2019
January 1, 2019
In 2019 Fulcrum celebrated three decades of success in the construction industry. Constructing over $1 billion dollars in the New England area. A truly amazing accomplishment that our organization plans to build on.
Read more2021
March 29, 2021
Fulcrum completed its largest project in company history and the largest with BAE Systems, a leader in the Defense industry. This project was a 250,000sf renovation of an existing building to create a new home for over 800 new employees in the Manchester Area. The new spaces include: engineering design…
Read more2022
March 29, 2022
In 2022 Fulcrum Leadership transitioned with Jeff Luter moving into the role of Chairman and Daryl Luter stepping in as President, marking the start of a new generation of Family Leadership at Fulcrum. Jeff remains very active in advising the direction of the company with Daryl assuming the management of…
Read more