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About Turner Construction Company Inc

Turner Construction has been the mastermind for scores of head-turning projects for more than a century. The company that built Madison Square Garden has ranked among the leading general builders in the US since the early 1900s. Turner provides construction and project management services for commercial and multifamily buildings, airports, and stadiums, as well as correctional, educational, entertainment, and manufacturing facilities. The company is also a leader in sustainable or green building practices. Founded in 1902 by Henry Turner, the company is the main operating unit of The Turner Corporation, which is a subsidiary of German construction group HOCHTIEF.

Operations

Turner Construction works on some 1,500 projects each year. For decades Turner has kept tabs on construction prices with its quarterly Building Cost Index, which forecasts construction costs by considering labor rates, productivity, and material prices.

The index is used by federal and state governments to track building costs and pricing trends.

As part of HOCHTIEF's Americas division, Turner works alongside other contractors in the US and Canada such as Flatiron, its subsidiary E.E. Cruz, and Clark Builders. The Americas division generates about 55% of HOCHTIEF's total revenue.

Geographic Reach

Headquartered in New York, Turner Construction has offices across North America and has worked in more than 60 countries. It has operations in Latin America and the Caribbean, India, Europe and Central Asia, Southeast Asia, and the Middle East.

Sales and Marketing

Turner Construction works on projects in industries including aviation, transportation, commercial, entertainment, government, green building, manufacturing, pharmaceutical, research & development, retail, and sports.

Strategy

Turner Construction's ties to HOCHTIEF have helped strengthen the company's services and extend its international reach. Turner often teams with sister company Flatiron to complete projects. By collaborating and marketing their services jointly, the two companies combine strengths in refurbishment and construction services.

Some of Turner's more recent projects include The Spiral—a tapered tower with an exterior ribbon of grass and trees which ascends its entire height; the Leadership in Energy and Environmental Design (LEED)-certified Audi Field soccer stadium in Washington, DC; and a 12-story hospital tower for MetroHealth in Cleveland, Ohio.

Turner has also worked to meet growing demand for green and sustainable construction. More than 630 of HOCHTIEF’s American projects have received LEED or other green building certifications. A few of its green projects include the Seattle office of Perkins+Will, the Yale University Health Services Center, and RAND corporate headquarters.

As the residential markets slowed in past years, Turner pivoted toward securing commercial projects in the public, healthcare, and science and technology sectors. Sports projects also provided the company with a solid pipeline; the company's dedicated sports division had completed more than $5 billion in work since 2000.

Company Background

Notable projects in Turner Construction's history include the World War II Memorial in Washington, DC, the John F. Kennedy Memorial Library in Boston, and the Rock and Roll Hall of Fame. Turner also built the new Yankee Stadium in New York. The company reached a milestone in 2008 by inking its 15,000th major contract.

Turner Construction Company Inc

375 HUDSON ST FL 6
New York, NY 10014-3667
Phone: 1 (212) 229-6000

Stats

Employer Type: Privately Owned
President and CEO: Peter J. Davoren
EVP (New York, New Jersey, Maryland, Pennsylvania, Connecticut and New England): Pasquale A. Di Filippo
SVP and CFO: Karen O. Gould
Employees (This Location): 200
Employees (All Locations): 5,000

Major Office Locations

New York, NY