19 Facts About Turner Construction

1.

Turner Construction is an American construction company with presence in 20 countries.

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2.

Turner Construction was founded in New York City in 1902 by Henry Chandlee Turner.

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3.

Turner Construction's stock began trading on the American Stock Exchange in 1972.

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4.

Turner Construction's projects have included large buildings and numerous sports stadiums.

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5.

Turner Construction's first job was a $690 project to build a concrete vault for Thrift Bank in the borough of Brooklyn.

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6.

In 1904, a Scottish industrialist named Robert Gair hired Turner Construction to build several concrete buildings in Brooklyn, including a plant that was recognized as the largest reinforced concrete building in the United States at the time.

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7.

Around the same time the company was developing plans for the Gair building, Turner Construction began building concrete staircases for the New York City Subway.

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8.

Turner Construction's proposal was applauded and led to contracts for staircases and platforms for the Interborough Rapid Transit Company's first subway line.

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9.

Turner Construction established branch offices in Philadelphia in 1907, followed by Buffalo in 1908, and Boston in 1916.

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10.

Turner Construction recovered and revenues increased to $12 million by 1937.

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11.

Turner Construction suspended commercial construction during the war years, focusing instead on the construction of military camps, factories, and government buildings.

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12.

In 1941, Henry Turner Construction stepped down as president to serve as chairman and make room for his brother, Archie Turner Construction, as president.

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13.

In October 1946, Henry Turner Construction retired as chairman, handing the post to his ailing brother.

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14.

In 1969, Turner Construction issued over-the-counter stock and in 1972, the company's stock began trading on the American Stock Exchange.

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15.

Howard Sinclair Turner became president in 1965, and was chairman from 1970 to 1977, when he was succeeded by Walter B Shaw.

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16.

Turner Construction Company erected several professional sports stadiums during the 1990s.

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17.

In 2002, Turner Construction expanded its presence in the Washington, DC area by acquiring J A Jones-Tompkins Builders, Inc, the former subsidiary of J A Jones Construction Company.

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18.

Turner Construction was one of 14 individuals facing charges over this scandal.

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19.

Turner Construction has 46 offices in the US, is active in 20 countries around the world, and averages 1,500 projects per year.

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