Turner Construction is an American construction company with presence in 20 countries.
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Turner Construction is an American construction company with presence in 20 countries.
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Turner Construction was founded in New York City in 1902 by Henry Chandlee Turner.
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Turner Construction's stock began trading on the American Stock Exchange in 1972.
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Turner Construction's projects have included large buildings and numerous sports stadiums.
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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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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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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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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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Turner Construction established branch offices in Philadelphia in 1907, followed by Buffalo in 1908, and Boston in 1916.
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Turner Construction recovered and revenues increased to $12 million by 1937.
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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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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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In October 1946, Henry Turner Construction retired as chairman, handing the post to his ailing brother.
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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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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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Turner Construction Company erected several professional sports stadiums during the 1990s.
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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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Turner Construction was one of 14 individuals facing charges over this scandal.
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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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