More than a century later, Cold Spring continues to operate with the same principles that shaped the company from the beginning: hard work, honesty, and long-term relationships. While methods and equipment have evolved, the company’s core values remain constant —delivering quality infrastructure while building trust with owners, communities, and the people who make every project possible.
Our History: Years of Building What Matters

Founded in 1911, Cold Spring Construction Company was built on a passion for hard work, a perpetual drive to be the industry leader, and a commitment to delivering infrastructure that serves communities for generations. That same spirit continues to define the company today.

On April 19, 1911, founder Eugene P. Forrestel secured approval for the name Cold Spring Construction Company, formally establishing what would become one of Western New York’s longest-standing heavy civil construction firms.

Cold Spring’s earliest contracts came through the New York State Highway Commission and quickly established the company’s reputation for dependable execution and quality workmanship. Early projects included completion of a 6.4-mile highway near Saratoga Springs and construction of what became part of New York State Route 93 extending north through Akron — the community that would soon become the company’s permanent home.

As New York’s transportation network expanded, so did Cold Spring. Leadership passed through generations of the Forrestel family, with Eugene’s sons, Richard (REF) and John Thomas (Tom) Forrestel, guiding the company through decades of growth and major public works development. Following in REF’s footsteps, Steve Forrestel (CEO) and Dood Forrestel (CFO) grew Cold Spring’s reputation as a contractor known not only for capability, but for consistency, integrity, and long-term relationships.

Today, Cold Spring remains a fourth-generation family-owned company led by Ryan Forrestel and Jeff Borden, continuing to deliver complex heavy civil projects across highways, bridges, earthwork, paving, airport facilities, dams, and underground utilities throughout the region.

More than a century after its founding, Cold Spring remains guided by the same principles that shaped its beginning: build with quality, lead with integrity, and deliver work communities can depend on for generations.

Our Values
Cold Spring Construction’s core values shape how work is performed, how people are treated, and how projects are delivered. These principles have remained constant through every generation of company leadership and continue to guide daily operations across the organization.
Family
Family
As a family-owned and managed business from its inception, Cold Spring values every employee as part of its extended family. The company is committed to creating a safe, supportive workplace where people are respected, valued, and given the opportunity to build lasting careers while supporting their own families.
Safety
Safety
Safety is a core value in every aspect of Cold Spring’s work. Through training, accountability, and continuous improvement, the company remains committed to protecting its most valuable asset—its people. We strive for a zero-accident work environment with one clear goal: everyone home safe, every day.
Quality of Work
Quality of Work
Cold Spring Construction takes pride in delivering high-quality work for owners, the public, and the communities each project serves. We expect craftsmanship our employees can be proud of and a workplace built on respect. Through cooperation, and practical problem-solving, the company works to achieve results that employees can stand behind and clients can depend on.
Integrity
Integrity
Integrity has guided Cold Spring Construction since its founding. The company believes in doing what is right, honoring commitments, and building trust through honest communication, dependable performance, and accountability.
Innovation
Innovation
Cold Spring continues to invest in state-of-the-art equipment, advanced construction methods, and evolving technologies that improve efficiency, precision, and project delivery while meeting the demands of tomorrow’s infrastructure. By combining experience with innovation, the company remains prepared to meet the changing demands of heavy civil construction.
Commitment
Commitment
From preconstruction through project completion, Cold Spring approaches every project with dedication, responsiveness, and a focus on delivering projects for clients, communities, and future generations whom all deem them a success.
Teamwork
Teamwork
Cold Spring values teamwork across every level of the organization, encouraging collaboration, strategic problem-solving, and shared responsibility to achieve the best possible outcome on every project.
Respect
Respect
Respect is central to how Cold Spring operates—on job sites, in the office, and within the communities it serves. The company fosters a workplace where people are treated professionally, relationships are valued, and employees look forward to coming to work.
Meet Our Management Team
FAQs
When was Cold Spring Construction founded?
Cold Spring Construction was founded in 1911 and has been building transportation and infrastructure projects throughout Western New York for more than a century. The company began with its first highway contract in Saratoga County and has grown into one of the region’s leading heavy civil contractors.
Is Cold Spring Construction a family-owned company?
Yes. Cold Spring Construction is a fourth-generation family-owned and operated company. Family leadership has guided the organization since its founding, helping maintain a strong commitment to quality, safety, and long-term relationships.
Where is Cold Spring Construction located?
Cold Spring Construction is headquartered in Akron, New York, and serves clients throughout Western New York and surrounding regions.
What types of projects has Cold Spring Construction completed?
Over its history, Cold Spring Construction has completed highways, bridges, interstate interchanges, expressways, canal locks, deep foundations, earthwork, paving, and other large-scale infrastructure projects.
What makes Cold Spring Construction different from other contractors?
Cold Spring combines over 115 years of experience with modern construction technology, experienced leadership, and a strong commitment to safety, quality, and innovation. The company continually invests in advanced equipment, training, and construction technologies to deliver successful projects.
What are Cold Spring Construction's core values?
The company is guided by three core values: Family, Quality, and Safety. These principles influence how projects are managed, how employees are supported, and how clients and partners are served.
How important is safety at Cold Spring Construction?
Safety is a fundamental part of the company’s culture. Cold Spring strives to provide the safest possible environment for employees, subcontractors, project owners, and the public, with the goal of ensuring everyone returns home safely each day.
Who leads Cold Spring Construction today?
Cold Spring Construction is led by CEO Stephen Forrestel, P.E., and President Ryan Forrestel, P.E., continuing more than a century of family leadership and industry expertise.
Does Cold Spring Construction employ professional engineers?
Yes. The company employs multiple licensed professional engineers and experienced construction professionals who help manage complex infrastructure and heavy civil construction projects.
How has Cold Spring Construction evolved over the years?
Since 1911, Cold Spring Construction has grown from a local highway contractor into a modern heavy civil construction company. The organization has continually adopted new technologies, construction methods, and equipment to meet the evolving needs of infrastructure projects.
What industries and clients does Cold Spring Construction serve?
Cold Spring Construction works with public agencies, municipalities, transportation authorities, and private-sector clients on infrastructure, transportation, and heavy civil construction projects.
How can I learn more about career opportunities at Cold Spring Construction?
Visit the Careers page or contact the company directly to learn about current openings, internships, and opportunities to join a team with a long-standing reputation for excellence in heavy civil construction.
