Podcast: Interview with Craig Lloyd of Lloyd Companies

In this episode of Family Business Success podcast, Brad Johnston interviews Craig Lloyd, of the Lloyd Companies, started his business by building a single home after-hours from his day job, and has emerged into a collection of real estate companies involved in development, construction, property management, and investment properties, making the Lloyd Companies one of the most successful family-run businesses in Sioux Falls and the state of South Dakota.  


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Our company was founded 140 years ago. It was built through succeeding generations by people who saw opportunities to grow – and took them. Aside from that, the business of producing, selling, and delivering rock and sand is what it appears to be – hard work!

There’s an old saying that goes something like this, “If you don’t grow it, you have to mine it.” All of us consume natural resources every day, from the toothpaste we use in the morning, to the fuel we consume while driving, to the steak we have for dinner. We use hundreds of man-made products every day, and nearly all are derived in part from some kind of ore that is mined.

As part of this global supply chain, our part is to act responsibly and leave the land in good order. We learned many years ago to reclaim the land we use by grading, draining, and seeding as soon as we finish mining. Land has more value to us than profits from the stone, sand and gravel below the surface.

Any company, regardless of its business sector, is only as good as its suppliers. This is especially true when things go wrong – any number of circumstances can and do tilt against getting a project or a product done on time with the highest quality. We see our job as staying ahead of the hurdles our customers face downstream from our plants. It takes a tremendous amount of effort to make sure we are getting it right. It is what drives us. It’s the simplest way to define who we are.