The Turner Corporation, a subsidiary of German construction group HOCHTIEF, is one of the world's leading general building and construction management firms. It is also one of the largest commercial builders in the US, where it operates primarily through subsidiary Turner Construction. The company has worked on such notable projects as Madison Square Garden, the UN headquarters, Yankee Stadium, and the Taipei 101 Tower. Known for its large projects, Turner also offers services for midsized and smaller projects and provides interior construction and renovation services. Turner Corporation has about 50 offices in the US, Europe, Africa, Asia, and Latin America.
The group has divisions dedicated to serving the aviation, health care, biotechnology, public assembly, sports, education, justice, and industrial sectors. Its homeland security group was established in order handle a growing demand for security systems and protection. The unit installed detection equipment in some 450 airports throughout the US. Turner Corporation also has an arm specializing in green building, with a focus on Leadership in Energy and Environmental Design (LEED) -certified projects. Turner Green Building has completed more than 100 LEED projects and green project sales account for about 50% of Turner's total contract value.
Turner Corporation has subsidiaries providing auxiliary operations. Turner's risk management department offers contract review, project safety, and claims handling. Turner Logistics handles procurement and supply chain management for projects, and Turner Facilities Management Solutions offers ongoing operations services.
Turner often partners with fellow US-based HOCHTIEF subsidiary Flatiron, which specializes in civil engineering. Examples of the teamwork are the expansions of airports in San Diego and Sacramento. In 2010 Turner and Flatiron acquired New York-based construction company E.E. Cruz and Company. The deal helped expand the companies' position in the US infrastructure market.
Turner was impacted by a decline in private construction during the economic downturn (sales declined in 2009 and 2010). However, building construction began to stabilize and grow in 2011 as new orders increased. Growth in that sector is spurred by projects in education and health care. – less