Founded in 1973 by Graham Foster and Graham Mallett, Foster Construction is a major employer and behind some of the Waikato's most prominent public and private commercial construction projects, including the Claudelands Events Centre, Deloitte House, Genesis Energy offices and the Union Square project, currently under way.
Chief executive Leonard Gardner said the company's purpose was "great communities through strong foundation".
"One of the foundations of our community is the strength of Waikato business. When presented with the opportunity to serve ... with sponsorship, we saw the alignment with Foster's purpose.
"As a community we need to celebrate success and the awards do this well."