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Change and Renewal Afoot for Schulte Restorations

Kurt Schulte and Lou Alloway


Hopewell General Contractor’s Founder, Kurt Schulte, to Retire. Company to Transition

HOPEWELL, NJ. Sept. 4, 2019 -- Kurt Schulte, founder and owner of Schulte Restorations in Hopewell, NJ, has announced his retirement and will be turning over ownership and operations of the company to Lou Alloway, the company’s Sales and Estimating Manager.

Schulte, a Princeton University graduate, founded Schulte Restorations in 1985 as a general contracting company, focusing on high quality restorations of historical homes in the greater Princeton area. Through the years the company undertook larger, more complex reconstruction and restoration projects, establishing itself as a well-respected and reliable general contracting concern in central New Jersey.

Alloway, a 5th-generation master carpenter, joined Schulte Restorations in 2002 with a lifetime of experience in the building trades and historic restorations. For a brief period, Alloway left Schulte Restorations so he could run another general contracting concern. Rejoining Schulte Restorations last year, Alloway returned with significant experience running an established general contracting business.

Throughout its 34-year history, Schulte Restorations has built its reputation on close and courteous relationships with clients, responsive and effective planning, attention to detail, and high-quality project work. Many Schulte Restoration clients are repeat customers.

“We think a lot about the ‘personality’ of Schulte Restorations, and we’re very proud of it,” said Schulte. “Our work and our relationships with our customers, contractors, vendors and employees are an outgrowth of that. Lou has been an integral part of our company and history since 2002, and he’s uniquely qualified to carry it on,” he added.

“Being a long-time member of the Schulte Restorations team, and having had experience with others, have shown me how important the culture and ‘attitude’ of the company is to its success,” said Alloway. “Kurt’s a builder, and the most important thing he’s built is this company. Continuing that legacy is an opportunity of a lifetime for me, and being trusted with its future is an honor,” he added.

“Leaving something I’ve built over the last 35 years is not easy. I’ve loved my job and the people I work with every day. But it’s time for me to leave it in the hands of someone I trust and to try new things,” said Schulte. “I’m looking forward to having the time to travel more, to read more, and to explore new areas of interest.”

The transition of Schulte Restorations to Alloway’s control and ownership is underway and will be complete with Schulte’s official retirement December 31, 2019.

Schulte Restorations is a full service General Contracting Company based in Hopewell, NJ.

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