Hensel Phelps invests in dot-com

Greeley mega-builder Hensel Phelps Construction Co. bought a $1 million stake in the future of its industry in mid-October when it logged on at e-IDC.com as an investor.

Through its e-IDC.com Internet front, Annapolis, Md.-based International Design and Construction Online Inc. is maneuvering to become a Web-based business-to-business marketplace for general contractors, subcontractors, engineers, suppliers, architects and potential clients.

“We see there are certain changes that are going to be made in how the construction industry operates related to business-to-business Web-based facilities,´ said Hensel Phelps vice president Eric Wilson.

“The expectation is people will actually transmit projects through the Web site,” he said,…