Company: Turner Construction Company

Founder: Henry C. Turner

Industry: Construction Management and General Contracting

History:
Turner Construction Company was first formed in 1902 by Henry C. Turner. With $25,000 as an initial capital, the company developed its first project, a concrete vault for Thrift Bank in Brooklyn. Aside from this, Turner also built a plant for paper products manufacturer Robert Gair. The Brooklyn plant was completed in 1904 and is considered the United States’ largest reinforced concrete building. Turner also built the staircases for the New York City subway system.

Though the company opened several branches, like most businesses, it also suffered from the Great Depression. Fortunately, Turner persevered and from the 1950s onwards, the company built more important structures such as the United Nations Secretariat in New York, Chase Manhattan Bank, Lincoln Center for the Performing Arts and the Madison Square Garden. Turner Construction Company erected several sports stadiums during the 1990s.

Before the millennium, Hochtief AG bought The Turner Corporation for $370 million, which brought Turner Construction Company to longer distances, such as meeting more transactions outside of the country, going even as far as Australia. Turner Construction extended its offices in the Washington D.C. area by attaining J.A. Jones-Tompkins Builders, Inc.

At present, the company’s offices in the US total to 46, while its presence is felt in 20 countries around the world. Turner Construction Company has over 1,500 projects annually.

Leadership:
Peter J. Davoren, President and Chief Executive Officer
Wilfried G. Eckert, Chief Financial Officer (CFO)