Business, Features

Blue Gold Development builds foundations for growth

FAIRMONT — In Fairmont, a company rooted in hard work and precision is being recognized for shaping the region from the ground up.

Blue Gold Development LLC, led by co-owners Stephen Toth and Andrew Furbee, has been named West Virginia Blue-Collar Small Business of the Year by the U.S. Small Business Administration. The award highlights the company’s rapid growth and impact across north-central West Virginia.

Specializing in large-scale excavation, demolition, concrete and mine services, Blue Gold Development plays a key role in building infrastructure that supports communities and economic development. From municipal streetscapes to industrial parks and commercial sites, the company’s work often lays the groundwork for future growth.

Founded on professionalism, quality workmanship and clear communication, the company has expanded from a small operation into a trusted partner for developers, municipalities and contractors throughout the region.

With more than 25 years of combined experience in heavy civil construction, the team brings expertise in complex excavation, licensed demolition and abatement, and commercial concrete work. Their capabilities are supported by a modern fleet of heavy equipment, allowing them to handle projects of varying scale while maintaining efficiency and reliability.

A strong safety culture is also central to the company’s approach, with OSHA-compliant operations, ongoing training, and a focus on preventing incidents on every jobsite.

Toth said the recognition is especially meaningful given the company’s history with the SBA.

“It’s great recognition for our team,” he said. “We worked with the SBA even before we started, and they’ve been a great partner throughout our journey.”

He added that the company takes pride not only in its projects, but also in its role within the community through volunteering and giving back.

For Blue Gold Development, the award reflects both the company’s success and its continued commitment to building stronger communities across West Virginia.