MONTEREY – Hensel Phelps, a construction company headquartered in Greely, CO, has been selected to build the new replacement terminal at the Monterey Regional Airport, the airport district’s Board of Directors announced Monday. The employee-owned Hensel Phelps was established in 1937, and says it plans, builds and manages a diverse range of domestic and international project types that encompass development, new construction and renovation and facilities management for a variety of project types, including aviation and transportation, among many others. More