26
The company’s mission is to continue successfully in business by providing a full range of quality construction services. We will do this by fostering long-term professional relationships, by meeting and exceeding the requirements of every customer, and by employing and challenging skilled professionals to promote company and individual growth. Certain Values are Fundamental to Achieving Irwin & Leighton’s Mission: Commitment Fairness Good Work Ethic Integrity Loyalty to and Support of the Company Respect for Others Responsiveness Technical Competence These Values shape policy and procedures, influence daily activities and create a sense of pride in the organization. Irwin & Leighton’s Mission Statement Irwin & Leighton, Inc. 1030 Continental Drive King of Prussia, Pennsylvania 19406 www.irwinleighton.com Irwin & Leighton’s Corporate Values

Foreward and Introduction

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The company’s mission is to continue successfully in business by providing a full range of quality construction services. We will do this by fostering long-term professional relationships, by meeting and exceeding the requirements of every customer,and by employing and challenging skilled professionals to promote company and individual growth.

Certain Values are Fundamental to Achieving Irwin & Leighton’s Mission: • Commitment • Fairness • Good Work Ethic • Integrity • Loyalty to and Support of the Company • Respect for Others • Responsiveness • Technical Competence

These Values shape policy and procedures, infl uence daily activities and create a sense of pride in the organization.

Irwin & Leighton’s Mission Statement

Irwin & Leighton, Inc.1030 Continental DriveKing of Prussia, Pennsylvania 19406www.irwinleighton.com

Quality • Integrity • Tradition

Irwin & LeightonOur First

One Hundred Years

Irwin & Leighton’s Corporate Values

IRW

IN &

LE

IGH

TO

N: O

ur F

irst O

ne H

un

dre

d Y

ears

The company’s mission is to continue successfully in business by providing a full range of quality construction services. We will do this by fostering long-term professional relationships, by meeting and exceeding the requirements of every customer,and by employing and challenging skilled professionals to promote company and individual growth.

Certain Values are Fundamental to Achieving Irwin & Leighton’s Mission: • Commitment • Fairness • Good Work Ethic • Integrity • Loyalty to and Support of the Company • Respect for Others • Responsiveness • Technical Competence

These Values shape policy and procedures, infl uence daily activities and create a sense of pride in the organization.

Irwin & Leighton’s Mission Statement

Irwin & Leighton, Inc.1030 Continental DriveKing of Prussia, Pennsylvania 19406www.irwinleighton.com

Quality • Integrity • Tradition

Irwin & LeightonOur First

One Hundred Years

Irwin & Leighton’s Corporate Values

IRW

IN &

LE

IGH

TO

N: O

ur F

irst O

ne H

un

dre

d Y

ears

1991 NORTH PENN ELECTRONIC CONTROL MODULE MANUFACTURING FACILITY, FORD MOTOR COMPANY

Lansdale, Pennsylvania • Architect: Ballinger

1998 SCULLY HALL, PRINCETON UNIVERSITY

Princeton, New JerseyArchitect: Machado and Silvetti Associates, Inc

ON THE COVER:

Irwin & LeightonOur First

One Hundred Years

Irwin & Leighton Our First One Hundred YearsFirst EditionCopyright© 2009 by Irwin & Leighton, Inc.All rights reserved.Published in the United States of America by: Irwin & Leighton, Inc.1030 Continental DriveKing of Prussia, PA 19406www.irwinleighton.comWritten by James F. Brecker, Jr. and R.C. AtleeDesigned by Sara Hodgson and Anoki CaseyPrinted by ANRO, Inc. No part of this book may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, and any information storage or retrieval system, except for brief passages in connection with a critical review, without permission in writing from the publisher. Beyond this limited permission, all rights are reserved by the publisher. For further information, visit our website at www.irwinleighton.com or contact: [email protected]

We wish to acknowledge the assistance of Jane Murphy Leighton and her latehusband, Alec, the son of founder A.O. Leighton, in the preparation of this trib-ute to the company. � eir genuine appreciation of the accomplishments of Irwin & Leighton was very gratifying, and the insights they so graciously provided into the founders of the company, particularly Mr. Leighton, were invaluable.

We also wish to thank Walt Babich, past President of Irwin & Leighton, for shar-ing his personal knowledge of the founders and of Bill Olmstead, and for will-ingly providing his well-informed perspectives of the path of Irwin & Leighton’s growth and the reasons for its successful longevity.

We must also recognize Sara Hodgson for her genuine and persistent eff orts to understand our company and for doing such a great job designing this beautiful record of its heritage, R. C. Atlee’s research and writing, particularly from the his-torical and architectural perspectives, added a rich perspective to Irwin & Leigh-ton’s story and our long time friends at ANRO Inc. have, through their expertise, served to present Irwin & Leighton very professionally as always.

Finally, we must extend a well earned “tip of the hat” to Dolly Sarley, Irwin & Leighton’s marketing coordinator, for putting so much of herself into this eff ort. � e quality of this book refl ects her diligence and care for the company.

ACKNOWLEDGEMENTS

1986 FIDELITY MUTUAL LIFE INSURANCE COMPANY

Radnor, Pennsylvania • Architect: Cope Linder Associates

2004 ART INSTITUTE OF PHILADELPHIA RENOVATIONS AND HISTORIC RESTORATION, EDUCATION MANAGEMENT CORPORATION

Philadelphia, Pennsylvania • Architect: Klaus Associates

Foreword iIntroduction iiA Brief History Of Our Company vThe Enduring Relationships xivOur Customers Through The Years xv

1 A GREAT PARTNERSHIP BEGINS 1 THE FOUNDERS OF IRWIN & LEIGHTON

2 BREAKING GROUND 8 THE EARLY YEARS 1909-1929

3 PERSEVERANCE AND RESPONSIVENESS 36 THE DEPRESSION AND WAR YEARS 1930-1949

4 THE PIVOTAL YEARS OF THE FIRST TRANSITION 48 1950-1959

5 BROADENING EXPERTISE AND BUILDING RELATIONSHIPS 58 1960-1969

6 A DECADE OF DYNAMIC GROWTH 70 1970-1979

7 RETOOLING FOR THE FUTURE 86 1980-1989

8 CEMENTING AND EXPANDING RELATIONSHIPS 100 1990-1999

9 VIBRANT AND READY FOR THE FUTURE 118 THE YEAR 2000 AND BEYOND

Epilogue 143

TABLE OF CONTENTS

1973 VANCE HALL, WHARTON SCHOOL OF BUSINESS, UNIVERSITY OF PENNSYLVANIA

Philadelphia, Pennsylvania • Architect: Bower & Fradley

FOREWORDOver the course of 100 years, change is constant. Ideas and ideologies, texts and tastes are unilaterally revised. History is re-written. Along the undeterred path of progress, the most lasting remainders of par-ticular moments in time are those that stand concrete and indisputable. Buildings are the artifacts by which we may judge the past. Each structure stands for the intentions and ideals of its design, and the hard work and ingenuity of the builder that brought it to fruition. Because of the builder’s craftsmanship and care, many structures remain long after those intentions and ideals either merge and strengthen, or falter and give way. In essence, every completed structure stands as a monument to an idea made tangible through expertise during a moment in time.

Irwin & Leighton has been, for 100 years, deeply entwined in the changing intentions and ideals of our culture. As a trusted builder, Irwin & Leighton has consistently partnered with leaders and pioneers in facilitating innovation in an array of fi elds. Railway stations and telephone exchanges connected the American public. Summer resorts and theaters have entertained, while federal banks, courthouses, post offi ces and army encampments have provided the comforts and securities of a modern infrastructure. Factories produced products that changed lifestyles. Modern retail stores re-energized consumerism, while great educational and research facilities unleashed world changing ideas _ all under the roofs of buildings Irwin & Leighton constructed.

Irwin & Leighton takes pride in its involvement with the great wave of technological and cultural innova-tions over a century, and its part in achieving these advancements. Herein are examined a selection of many pioneering projects Irwin & Leighton is proud to have partnered in since its founding in 1909.

FOREWORD / i

INTRODUCTION

2009 PRESS ROOM EXPANSION UNDER CONSTRUCTION, READING EAGLE COMPANY

Reading, Pennsylvania • Architect: Muhlenberg Greene Architects

What follows is the story of Irwin & Leighton and its fi rst one hundred years in business. It is a story of strong management, expertise, perseverance, and good fortune. Above all, it is a story about an enduring mutual loyalty between a company, its customers and its employees alike, and the great achievements that have come from it.

Irwin & Leighton’s customers have consistently been the leaders and innovators of the age, giving us the privilege to have been a part of the history and growth of our great country. Furthermore, Irwin & Leighton’s great stability is evidenced in the fact that in over one hundred years, the company has had only four leaders and four headquarters locations. Customer relationships are measured in decades. Talented, hardworking and sincere people have devoted signifi cant portions of their careers in the employ of the company and continue to do so. This wonderful synergy of quality customers, stable competent leadership and outstanding staff has forged a unique organization that has been a continuing source of pride to its employees for one hundred years.

ii / OUR FIRST ONE HUNDRED YEARS

This book represents a collaborative effort to chronicle Irwin & Leighton’s great journey since 1909, and will demonstrate how worldwide events, emerging technology and economic cycles directly infl uenced Irwin & Leighton’s growth and its “hand in history.” Through this book, today’s Irwin & Leighton employees will gain more knowledge about the roots of their organization and the foundation of achieve-ment upon which they stand today.

At the celebration of its 100th anniversary, Irwin & Leighton is a healthy and vibrant organization because it has consistently adapted to the changes of its time, made key decisions with a long term conservative view and developed and retained great customers and great employees. In so doing, this remarkable organization has remained a leader in its fi eld for all these years. Our challenge for the future is to continue on the same path.

This tribute to Irwin & Leighton is dedicated to its employees, past and present. It is for all those who have proudly stood the “long green line” during the last one hundred years and simply done their jobs well.

It is for those who poured the Hotel Strand foundations with mules in 1909, and who framed the Camp Dix Barracks in sixty days in 1917. It is for those who successfully planned the extensive work at Bancroft Hall in 1939 and who persevered through the Ithaca winter to build Cornell’s Synchrotron Lab in 1966. It is for those who diligently placed the massive Telephone Exchange Building caissons in 1970 and for those who refused to yield to overwhelming adversity in order to complete Princeton’s Scully Hall on time in 1998.

This tribute is especially dedicated to the employees of 2009, who come to work every day eager to lend their skill, ingenuity and spirit to a company that brings out the best in all of us.

Extraordinary efforts are common at Irwin & Leighton. Lights burn late to be ready for the next day’s bid, or to issue an invoice on time. Sleep is lost pondering the correct purchasing decision or a pressing schedul-ing issue. The appearance and accuracy of administrative work is, by rule, taken very seriously. Because of the personal dedication and expertise that drives such everyday efforts, Irwin and Leighton is the outstand-ing company it is today. Your efforts are most appreciated.

This, then, is for you.

James F. Brecker, Jr.Chief Executive Offi cer

INTRODUCTION / iii

2000 IRWIN & LEIGHTON’S CORPORATE HEADQUARTERSKing of Prussia, Pennsylvania

A Brief History Of Our Company

1909-1955

In 1909, Irwin & Leighton was founded through the partnership of A.D. Irwin and A.O. Leighton. Cor-porate headquarters were initially located at 126 North Twelfth Street in Philadelphia. Mr. Irwin, a native Philadelphian of means, acted as the primary investor and business manager, while Mr. Leighton managed the completion of projects and the direction of personnel.

Benefi ting from early connections and ingenuity, the young company was able to distinguish itself quickly. From the beginning, strong customer relation-ships were forged that would prove to be central to future prosperity. Lead customers of the period included the Pennsylvania Railroad, Bell Telephone, Sears, Roebuck and Company, and Ford Motor Company. The company also did major work for the U.S. Government, including the Cantonment at Fort Dix which was built under an aggressive schedule in order to support the quickly expanding needs of the military at the onset of World War I.

A reputation for dependable performance was born.

After World War I, modernizations in healthcare and technology fueled company contracts to build steel mills, telephone buildings, modern hospitals, and prominent offi ce and educational facilities. The company built for organizations that became central to the growth of the Philadelphia area such as the Victor Talking Machine Company, Campbell Soup, Philadelphia Electric, Atwater Kent Manufacturing and Strawbridge & Clothier.

In 1927, the Philadelphia headquarters moved to 1505 Race Street, where it re-mained for nearly fi fty years.

The Depression Era brought about hard times for most Americans and their busi-nesses. Irwin & Leighton’s corporate re-cords indicate that in the ten years from 1930 to 1939, only 54 projects were com-pleted, refl ecting greatly reduced activity for the company. Nevertheless, Irwin & Leighton persevered and survived.

vi / OUR FIRST ONE HUNDRED YEARS

1909 1920s

c1950 IRWIN & LEIGHTON’S SECOND HEADQUARTERS

1505 Race Street • Philadelphia, Pennsylvania

1917 THE UNITED STATES ARMYCANTONMENT AT CAMP DIX

Wrightstown, New Jersey

1909 1920

Activities of the 1930s included the construction of numerous hospitals for the Gen-eral Services Administration (GSA), the sprawling Cantonment at the Aberdeen Proving Grounds, and several prominent projects at The United States Naval Acad-emy in Annapolis _ including the renowned Bancroft Hall which, to this day, is the largest single dormitory in the world.

During World War II, the company worked for Bethlehem Steel and other industrial companies involved with the war effort, including Sharpe & Dohme, Westinghouse Electric, Owens Illinois Glass, Container Corporation of America, and Armstrong Cork Company. However, and true to form, throughout the 1940s, Irwin & Leigh-ton’s most active customers were its oldest. The company built three projects for RCA, four for Ford Motor Company, and nine stores for Sears, Roebuck and Company.

The post-war period saw Irwin & Leighton become heavily involved with projects surrounding the growing economy of the late 1940s and early 1950s _ building schools, hospitals, manufacturing facilities and suburban retail stores.

After the war, a young William O. Olmstead joined Irwin & Leighton. Bill, a graduate of Thayer School of Engineering at Dartmouth, served in the South Pacifi c during World War II and as the Naval Offi cer in Charge at Willow Grove Naval Air Force Base where he came to know Irwin & Leighton. Bill would become the future head of the company.

1955-1978

The importance of the Founders’ actions in 1955 cannot be overstated. In that year, after nearly fi fty years of successful business, Messrs. Irwin & Leighton made an important decision that dictated the future of their company. They could have simply dissolved the organization, but instead, solely in the interest of their employees, they took the steps necessary to allow the company to continue without them. By selling the company to its employees, they allowed the creation of a unique construction organization held by key employee stockholders and free of family infl uence. Irwin & Leighton, Inc. was born.

The process of incorporation was completed with the guidance of attorney Paul I. Guest of Guest & Greene. Paul, a bomber pilot in the U.S. Army Air Force during World War II and a graduate of Ursinus College and the University of Pennsylvania Law School, became involved with the fi rm, we believe, in the early 1950s. He was counsel during all four eras of leadership at Irwin & Leighton, guided the fi rm through each of three successful management transitions and, to this day, has been the only non-employee stock-holder in the company.

WILLIAM O. OLMSTEAD Bill Olmstead at Irwin & Leighton’s90th Anniversary Celebration. He was President 1955-1978

A BRIEF HISTORY OF OUR COMPANY / vii

1940s1930s1930 1940

Staunchly loyal to and supportive of Irwin & Leighton, and an avid golfer until his death in 1986, Paul is honored and remembered every year when the company holds its annual Paul I. Guest Memorial Golf Tournament.

With incorporation in 1955, Bill Olmstead was named President; he proved an effective, easy-going leader, popular with employees and clients alike. Bill would be central to shaping the unique culture of employee ownership and tradition of conservative leadership by consen-sus that have been fundamental to Irwin & Leighton’s stability and success. For these reasons alone, his legacy will endure at Irwin & Leighton.

The “Baby Boom” motivated expansion in retail, educational, communication, transportation and healthcare facilities in the 1950s, and Irwin & Leighton continued to provide quality service during this period. The company built such Philadelphia area retail landmarks as the Wynnewood Shopping Center and completed major projects for Episcopal Hospital, Jeffer-son Hospital and The Hospital of the University of Pennsylvania.

Similar to the early years of the company, strong customer relationships were fostered in the 1950s that proved to be signifi cant to future success. Irwin & Leighton earned new business with John Wanamaker (1953), Lafayette College (1954), Princeton University (1955), Ursinus College (1956), and Cornell Uni-versity (1957).

To this day, Lafayette College and Princeton University remain among the company’s most vital and im-portant customers. In a 55-year relationship with Lafayette the company has completed ten major projects in addition to numerous other smaller contracts on Lafayette’s Easton campus. This record includes the award winning Farinon Student Center. Irwin & Leighton has undertaken 50 projects for Princeton Uni-versity during a 54-year relationship; these projects include the acclaimed Jadwin and Fine Halls, Scully Hall, Little Hall, Witherspoon Hall and Madison Hall projects.

Mr. Leighton continued to report to work at 1505 Race Street through the early 1960s. According to employees, he spent mornings playing his beloved violin at home in Villanova before arriving to the offi ce around lunch time. Known for his wit, he would chide employees about their diet and health and often recite humorous (and sometimes unprintable) limericks.

Mr. Irwin also visited the offi ce, though more sporadically. He was not likely to participate in the lighter engagements of his partner, Mr. Leighton. His presence commanded respect and seriousness and he was known for his insight and wisdom.

Mr. Irwin and Mr. Leighton both died in 1964.

viii / OUR FIRST ONE HUNDRED YEARS

1950s 1960s

MR. LEIGHTON

19601950

In the 1960s, the fi rm earned the business of leaders such as Philadelphia Gear, Smith Kline & French, Armstrong Cork and Air Products. Other customer relationships started in this decade with McGraw-Hill, Children’s Hospital of Philadelphia, AT&T, Educational Testing Service and Mobil Oil would endure for thirty years or more. Irwin & Leighton also was prominently involved in the construction of suburban retail stores throughout the 1960s.

In January of 1963, Walter P. Babich came to Irwin & Leighton as Chief Engineer. A former Lieutenant in the United States Army, Walt graduated from the City Col-lege of New York and earned a law degree from the University of Denver. He was a Professional Engineer licensed in Pennsyl-vania and New York and was admitted to the Colorado Bar. Within a year of joining the company, Walt was elected Vice Presi-dent. Walt would later lead the company following the 1978 retirement of Bill Ol-mstead.

The 1960s also saw Charles R. Vail join Irwin & Leighton. A Drexel engineering graduate and veteran of the United States Air Force, Charlie would become a Vice President and be instrumental to the suc-cess of the company’s operations until his retirement in 1987.

The 1970s proved to be a very dynamic period for Irwin & Leighton. The company undertook more than 100 projects in ten years, across many sectors and for many notable organizations. Irwin & Leighton built three signifi cant projects for the University of Pennsylvania: The Wharton Graduate Center, Presbyterian Medical Center, and the Class of 1923 Hockey Rink. It also constructed landmark facilities such as the Telephone Exchange Building near the Expressway in Philadelphia.

During the 1970s, Irwin & Leighton led the way in healthcare construction. The company undertook thirteen major hospital projects throughout the area, working with many leading architectural fi rms such as EwingCole, Robert D. Lynn, and others.

c1960 IRWIN & LEIGHTON EMPLOYEES Employee meeting in the 1960s courtesy of the family of Joe Dennison (pictured seated third from rear right). Also pictured is Bill Olmstead (standing rear left) and Paul Guest (seated last, rear left).

A BRIEF HISTORY OF OUR COMPANY / ix

1970s 1980s1970 1980

In 1971, Edward S. Babcock joined Irwin & Leighton. An Eagle Scout who had earned a degree in Build-ing Construction from Virginia Polytechnic Institute, Ed had completed two summer internships for the company, and was employed full-time after graduating. In many ways he is the epitome of Irwin & Leigh-ton’s values, having exercised the opportunity for personal growth Irwin & Leighton offers to talented and motivated employees. Ed, who has never worked for another company, has progressed through virtually every operations position to his current position of President and Chief Operating Offi cer.

In 1974, Irwin & Leighton constructed, as its new headquarters, The Irwin Building on 460 North Gulph Road in King of Prussia, Pennsylvania _ after nearly 50 years at 1505 Race Street. The fi ve-story building was sited on part of the estate of Mr. Irwin. In 1979, the company would build The Leighton Building on the same site.

x / OUR FIRST ONE HUNDRED YEARS

1990s 2000s

1974 DEDICATION OF THE IRWIN BUILDING Shown left to right: John McCartney (bowtie), Project Engineer; Bill McGrory, Treasurer; Charlie Vail, Vice President; Mrs. A.D. Irwin; Bill Olmstead, President; Hobe Pollard, Vice President; Mrs. Olmstead; Jim Warren, Insurance Agent and Jack Donnelly, Chief Estimator

1990 2000

1978-1985

Walt Babich, Vice President of Operations for some time, was named Presi-dent upon Mr. Olmstead’s retirement in 1978. As President, Walt used his experience to rejuvenate the company, resolving to take on and excel at “doing only the work we can handle.” His effectiveness as a leader served to preserve the company’s high performance standards.

In 1979, James F. Brecker, Jr. was hired as Chief Estimator. Jim graduated from Saint Joseph’s College and served in the United States Marine Corps for three years during the Vietnam era. A native Philadelphian, Jim left a position

with a West Coast construction fi rm to join Irwin & Leighton and return home. His fi rst project for Irwin & Leighton was the anchor Bloomingdale’s department store at the King of Prussia Mall, an innovative structure that represented the retailer’s entry into the Philadelphia market.

Jim would later become the leader of Irwin & Leighton, and currently serves as Chairman and Chief Ex-ecutive Offi cer.

Strong relationships with academic and medical institutions continued to provide an abundance of work for the fi rm during the 1980s. In addition, technological changes led to increased corporate and industrial construction activity for contemporary technology leaders such as Digital Equipment Corporation, IBM, Mobil Oil Research & Development and Union Carbide Corporation.

1985-Present

In 1985, Walt Babich retired and Jim Brecker, who was serving as Vice President of Estimat-ing and Purchasing, was named head of Irwin & Leighton. His leadership has been marked by his calm practicality and realistic optimism, as well as his strong focus on long term relationships with quality customers and employees alike.

In 1985, The Irwin and The Leighton Buildings were sold. The company remained in The Irwin Building until it relocated in 2000 to its current headquarters at 1030 Continental Drive in King of Prussia.

THREE LEADERS OF IRWIN & LEIGHTONFrom left to right: James F. Brecker, Jr., Walter P. Babich and William O. Olmstead. Taken at Irwin & Leighton’s 90th Anniversary Celebration in 1999.

WALTER P. BABICHPresident, 1978-1985

A BRIEF HISTORY OF OUR COMPANY / xi

The organization operated as a partnership from 1985 un-til 1987, when it reincorporated.

1985 marked the addition of Harry R. Rogers as Irwin & Leighton’s Comptroller. Harry received his undergraduate degree from The Pennsylvania State University, earned a MBA from California State University, and is a CPA with a distinguished athletic background. He has been instru-mental in guiding the fi nancial operations of the company through its continued growth.

In 1986, David O. Himmelberger joined the company as a Project Manager. Dave’s background included service in the United States Navy and experience in the construction of nuclear and fossil-fueled power facilities. He has been responsible for many major projects, and has been heavily involved in Irwin & Leighton’s marketing efforts. Today, Dave is part of Senior Management.

The 1990s were a time of intense activity and growth for Irwin & Leighton. The company was particularly busy with established customers such as Princeton University, Children’s Hospital of Philadelphia, Lafayette College,

Brown Printing and the General Electric/Martin Marietta/Lockheed Martin organizations. During the 1990s, Irwin & Leighton completed 15 projects for Children’s Hospital, 21 for the “General Electric” orga-nizations and 22 for Princeton University.

During the same time, Irwin & Leighton also earned business from new customers such as State Farm Mutual Automobile Insurance Company, Education Management Corporation, Saint Joseph’s University, and Princeton Theological Seminary as well as the leading retailers of the day: Wal-Mart, Target Stores, Home Depot and Lowe’s. These organizations have been very important to the company’s operations since they became customers in the 1990s.

In the new millennium, as the result of good leadership, consistent performance and exceptional service, the company has been very active with its established customers. Perhaps most symbolic of the continuing strength of Irwin & Leighton’s relationships with long term customers is Princeton University’s award of its Jadwin Hall renovation project to the company in 2009. Jadwin Hall was Irwin & Leighton’s fi rst on-campus project for the University some forty years ago. Irwin & Leighton’s selection was, therefore, very gratifying to the organization.

Since 2000, Irwin & Leighton has also earned important new customers, such as Cabrini College, Pru-dential Life Insurance, Kohl’s, Lehigh Valley Hospital, Muhlenberg College, and The Bryn Mawr Trust

xii / OUR FIRST ONE HUNDRED YEARS

CORPORATE OFFICERSFrom left: David O. Himmelberger, Sr. Vice President; James F. Brecker, Jr., Chief Executive Offi cer; Edward S. Babcock, President & COO; Harry R. Rogers, Sr. Vice President & CFO

2008 IRWIN & LEIGHTON’S EMPLOYEESKing of Prussia, Pennsylvania

Company. In addition, it has made new inroads with the pharmaceutical industry by working for Sanofi Pasteur, Bayer, Alcon, Wyeth, and Pfi zer.

Signifi cantly, and on the strength of references from current clients, Irwin & Leighton has been entrusted with prominent projects from other new customers, such as The Duke Farms Foundation, The Coriell Institute, Reading Eagle, Villanova University and ReCap (a consortium of Columbia University, The New York Public Library, and Princeton University).

Plans for the future have begun in the new millennium as employees have been promoted to leadership posi-tions at the operating level to help ensure Irwin & Leighton’s continued growth and prosperity.

Today, Irwin & Leighton’s daily operations are guided by its Mission Statement and Corporate Values, which refl ect the great traditions of the organization and its promise for the future.

A BRIEF HISTORY OF OUR COMPANY / xiii

11 99 00 99 11 99 11 99 11 99 22 99 11 99 33 99 11 99 44 99 11 99 55 99 11 99 66 99 11 99 77 99 11 99 88 99 11 99 99 99 22 00 00 99

The Enduring Relationships

Sears & Roebuck Co

Ford Motor Company

University of Pennsylvania

Victor Talking/RCA/GE/Lockheed

Strawbridge & Clothier

Lehigh University

Bell Telephone

The Pennsylvania RR

The United States Army

The United States Navy

Bethlehem Steel

John Wanamaker

Cornell University

Lafayette College

Princeton University

McGraw Hill

Children’s Hospital of Philadelphia

AT&T

Educational Testing Service

Mobil Oil

United Parcel Service

The May Company

Brown Printing Company

State Farm

Capital Health System

Education Management Corp

St. Joseph’s University

AHERF

Rutgers University

Wal-Mart

Target Stores

Princeton Theological Seminary

Lowe’s

Cabrini College

Prudential Insurance Company

Sanofi Pasteur

Kohl’s

Our Customers Through The Years

1909 - 1919A. D. Irwin & BrothersAcmeAmerican Ice CompanyAmerican Viscose CompanyAtkinson’sAtlantic City Boardwalk StoresAutomobile Club of PhiladelphiaBailey, Banks & BiddleBaldwin TruckBecker Smith & PageBell Telephone Company of Pennsylvania Bethlehem Steel CompanyBislerCamden Forge CompanyCampbell SoupCity of DetroitCoatesville SteelCommercial TrustCrowley Milner & CompanyDalsimerDr. SailersEighth National BankEsterbrook Pen CompanyFitlerFord Motor CompanyFrankford TheaterHardwick & MageeHarrison BrothersHarvey Rowland CompanyHotel StrandHowland Craft Sons & CompanyIllingsworth Steel CompanyJackson BrothersJanney & BurroughsT. S. Janney & CompanyJarden FactoryKaye CompanyKeystone TheaterLlewellyn Drug StoreLukens SteelLumas PaintManufacturers’ ClubMarkovitz CompanyMaternity HospitalMetzger BrothersMidvale Steel CompanyNiessenNixon TheaterPennsylvania RailroadPeople’s Outfi tting CompanyPhiladelphia Jewish SanitariumRochester & PittsburghRoyal Ascot MillsSears, Roebuck & CompanySaint Mary’s HospitalStrawbridge & Clothier

Sullivan CompanyThos. Potter & Sons CompanyThurlow Steel The Tin Decorating Company of BaltimoreTownsend GraceTrenton Cotton MillsTunnells Glue WorksUnited States ArmyUnited States Navy United States TreasuryUniversity of MichiganUniversity of PennsylvaniaUpham BrothersVictor Talking Machine CompanyWebb & CompanyWilmington SteelWissiniming TanneryWorth Brothers

1920 - 1929Adams HotelAtwater Kent Manufacturing CompanyBell Telephone Company of PennsylvaniaBethlehem Steel CompanyCamden First National Bank & TrustChalfonte-Haddon HallCommonwealth Trust CompanyCorn Exchange BankD & A Telephone & Telegraph CompanyDelaware Company Electric CompanyDrexel InstituteEddy CompanyEighth National BankFidelity-Philadelphia Trust CompanyFleisher SidingFord Motor CompanyGermantown HospitalGermantown Trust CompanyGirard CollegeHahnemann Medical College and HospitalHowland Craft Sons & CompanyJanney & BurroughsJefferson HospitalKent MillsKieckhefer Container CompanyLehigh UniversityLiberty Title & Trust CompanyNeptune CompanyPennsylvania HospitalPennsylvania RailroadPhiladelphia ElectricPresbyterian HospitalReading CompanyRockbourne MillsRodeph Shalom Synagogue

Salvation Army Sears, Roebuck & CompanySeaside HotelSimon & SimonSmith’s GarageTemple UniversityUniversity of PennsylvaniaVictor Talking Machine CompanyWebb & CompanyYoung Men’s Christian Association, Armed Services Division

1930 - 1939Bell Telephone Company of Pennsylvania Best & CompanyBryn Mawr CollegeEllis College SchoolEmily J. TownsendEpiscopal HospitalFairview Street HospitalFederal Reserve BankFord Motor CompanyH. J. Heinz CompanyHoward UniversityKieckhefer Container CompanyPennhurst Street SchoolPennsylvania RailroadPhiladelphia Navy YardR.C.A. VictorScholler Brothers, Inc.Sears, Roebuck & CompanySwift & CompanyTemple UniversityUnited States ArmyUnited States NavyUnited States Post Offi ceVeterans Administration

1940 - 1949Armstrong Cork CompanyBell Telephone Company of PennsylvaniaBethlehem-Fairfi eld Shipyard, Inc.Bethlehem SteelBryn Mawr CollegeCanton CompanyCatalytic Development CompanyChilton CompanyCity of PhiladelphiaContainer Corporation of AmericaEpiscopal HospitalFairview Street HospitalFederal Reserve BankFord Motor CompanyHarbeson, Hough, Livingston & LarsonIllinois Glass CompanyJefferson Medical College

Continued on next page

Our Customers Through The Years

N. A. D. Miffl inNew Jersey TelephoneNo Mend Hosiery, Inc.Owens-Corning Fiberglass CorporationOwens-Illinois Glass CompanyPennhurst State SchoolPennsylvania State CollegePhiladelphia Navy YardPhiladelphia ZooProctor & Schwartz, Inc.R.C.A. VictorReading Railroad CompanyRoberts & Mander CorporationSaving Fund Society of GermantownScholler Brothers, Inc.Sears, Roebuck & CompanySharp & Dohme, Inc.Singer Sewing Machine CompanySt. Bridget’s SchoolTemple UniversityUnited States War DepartmentUnited States ArmyUnited States Commerce Dept.United States Navy University ClubWestinghouse Electric and Manufacturing Co

1950 - 1959Abbotts DairiesAcorn ClubAircraft Products CompanyAutomatic Sprinkler Corporation of AmericaBell Telephone Company of New Jersey Bell Telephone Company of PennsylvaniaBest & CompanyBethlehem Steel CompanyBonwit-Teller Brandywine RacewayC. A. TownsendChas. P. Bailey Thoracic ClinicChenango Memorial HospitalChestnut Hill AcademyColumbia Broadcasting System, Inc.Cornell UniversityEllis Country SchoolEpiscopal HospitalFirst National Bank of Delaware CountyFisher Scientifi c CompanyFord Motor CompanyGeneral Electric CompanyGeneral Foods CorporationGeneral Steel Casting CorporationHercules Powder Company

I. E. RobinsonI-T-E Circuit Breaker CompanyJohn WanamakerLafayette CollegeLock Haven HospitalMercantile LibraryMerchandise Marts, Inc.Merck, Sharp & DohmeMidvale Steel CompanyNational Crucible CompanyPennsylvania Telephone CompanyPenn Mutual Life Insurance CompanyPennsylvania State CollegePhiladelphia Freemasons Memorial HospitalPhiladelphia Gear CorporationPhilco CorporationPrinceton UniversityProctor & SchwartzProvident Trust CompanySaving Fund Society of GermantownScott Paper CompanySears, Roebuck & CompanyStouffer RestaurantUnited States NaryUnited States Rubber CompanyUniversal Rundle CorporationUniversity of PennsylvaniaUrsinus CollegeValley Forge AssociatesWitaker & Company

1960 - 1969A. T. & T. CompanyAir Products & Chemicals, Inc.Aircraft Products CompanyArmstrong Cork CompanyAtlas Chemical Industries, Inc.Bell Telephone Company of PennsylvaniaBoeing Company, Vertol DivisionCampbell SoupCharles E. Ellis SchoolCherry Hill InnChildren’s Hospital of PhiladelphiaCornell UniversityEducational Testing ServiceFMC CorporationGermantown HospitalGermantown Savings BankHaverford CollegeJohn WanamakerJournal of CommerceLehigh UniversityLuden’s, Inc.Mack Trucks, Inc.Marriott Motor MotelMcGraw-Hill Publishing Company, Inc.

Mobil Research and Development CorporationNassau InnNational Lead CompanyNew York State Electric and Gas CorporationOwens-Illinois Glass CompanyPhiladelphia Electric CompanyPhiladelphia Gear Works, Inc.Pomeroy’s Retail StorePresbyterian HospitalPrinceton UniversityRCA CorporationSears, Roebuck & CompanyShell Chemical CompanySmith, Kline & FrenchSt. Francis HospitalStouffer Foods, Inc.Strawbridge & ClothierUniversity of PennsylvaniaUniversity of RochesterUrsinus CollegeWestern Electric Company, Inc.

1970 - 1979Army Corps of EngineersBell Telephone Company of PennsylvaniaBoeing Vertol CompanyBurroughs CorporationCathedral VillageChestnut Hill HospitalCoeur D’Alene Development, Inc.Columbia Broadcasting Systems, Inc.Commodities CorporationCongoleum Industries, Inc.Deborah Heart & Lung CenterDelaware River Port AuthorityDoylestown HospitalEducational Testing ServiceEpiscopal Community ServicesFederal Reserve Bank of PhiladelphiaFirst National Bank of Toms RiverFMC CorporationThe Frankford HospitalFriends HospitalGeneral Services AdministrationHercules PowderICI Americas, Inc.INA Properties, Inc.J. C. Penney Company, Inc.John WanamakerLafayette CollegeThe Lankenau HospitalLeighton AssociatesLitton IndustriesLukens Steel CompanyMcGraw-Hill, Inc.

Medical College of PennsylvaniaMerck & Company, Inc.Mercy Catholic Medical CenterMeridian Engineering, Inc.Mobil Research and Development CorporationMoore Road AssociatesNortheastern Hospital of PhiladelphiaOgden-Fairmount, Inc.Paoli Memorial HospitalThe Peddie SchoolPhiladelphia

,76, Inc.

Philco-Ford CorporationPlaza PartnersPresbyterian Hospital – University of PennsylvaniaQuakertown Hospital AssociationRCA CorporationRetail Store Employee Union, Local 400Roosevelt Paper CompanySears, Roebuck & CompanyShell Chemical CompanySt. Mary HospitalStephen AssociatesThomas Jefferson University HospitalUnion Carbide CorporationUnion Fidelity CorporationThe Village GreeneWestern Electric Company, Inc.Wharton AssociatesWilmington Housing AuthorityZenith Electronics Corporation

1980 - 1989Brown Printing CompanyDigital Equipment CorporationDow Jones & Company, Inc.Drexel UniversityFederated Department StoresFidelity Mutual Life Insurance CompanyGeneral ElectricLafayette CollegeLangston – Division of Molins Machine Company, Inc.McGraw-Hill, Inc.Mobile Research and Development CorporationRider CollegeSears, Roebuck & CompanySmithKline CorporationSunmark IndustriesUnion Carbide CorporationUnited Parcel ServiceWidener University

1990 - 1999ADP of New Jersey, Inc.Allegheny Health Education and Research Foundation

Army Corps of EngineersBest BuyBinswanger Management CorporationBoeing Company Bristol-Myers Squibb CompanyBrown Printing CompanyCapital Health SystemChester County HospitalChildren’s Hospital of PhiladelphiaChrysler CorporationCigna Service CompanyCollege of New JerseyComputer Sciences CorporationCoreStates Financial CorporationCRA Real Estate SecuritiesCrozer-Keystone Health SystemCVS/Mark Steven Service Merchandisers, Inc.Department of the ArmyEdmund Scientifi c CompanyEducation Management CorporationFidelity Mutual Life Insurance CompanyFord Motor CompanyG.E. Capital Mortgage Services, Inc.General Electric CompanyGenesis HealthCare CorporationGeorgian Court CollegeHechinger CompanyHome DepotIBM CorporationInstitute for Advanced StudyIntegrated Health Services, Inc.Jackson CrossJ. C. Penney Company, Inc.KPMG LLPLafayette CollegeLockheed Martin CorporationLowe’s Companies, Inc.Main Line Health, Inc.May Department Stores CompanyMobil Oil CorporationMobil Research and Development CorporationNeose Technologies, Inc.Pacifi Corp Capital, Inc. and Monroe Twp. Board Pennsylvania HospitalPennsylvania Power and Light CompanyPhiladelphia Electric CompanyPrinceton Day SchoolPrinceton Theological SeminaryPrinceton UniversityRadnor AdvisorsRexroth CorporationRider UniversityRutgers, The State University of New JerseySaint Joseph’s UniversityState Farm Mutual Automobile Insurance Company

Target Stores Inc.Travelers Realty Investment CompanyUGI Properties, Inc.Union Fidelity Insurance CompanyUnited Parcel ServiceValley Forge Executive Mall, Inc.Wal-Mart Stores, Inc.Women’s Humane Society

2000 - 2009Bayer CorporationBon Ton Bristol-Myers Squibb CompanyBrown Printing CompanyBryn Mawr Trust Company Cabrini CollegeCapital Health SystemChildren’s Hospital of PhiladelphiaCoriell Institute for Medical ResearchDoris Duke FoundationEducation Management CorporationFederal Express CorporationFox Chase Cancer CenterG.E. Capital Mortgage Services, Inc.Home DepotHun SchoolJohnson & Johnson/MerckKohl’s Department StoresLafayette CollegeLehigh Valley HospitalLockheed Martin CorporationLowe’s Companies, Inc.May Department Stores CompanyMichael GravesMuhlenberg CollegeOffi ce DepotPfi zer, Inc.Princeton UniversityPrudential Insurance Company of AmericaReading Eagle CompanyRexroth CorporationRutgers, The State University of New JerseySaint Joseph’s UniversitySanofi PasteurState Farm Mutual Automobile Insurance CompanyTarget Stores, Inc.The Research Collections and Preservation ConsortiumUniversity of PennsylvaniaVanity FairVertis, Inc.Villanova UniversityWal-Mart Stores, Inc.Wilmington Trust CompanyWyeth PharmaceuticalsWyndcroft School