Turner Construction
| Company type | Subsidiary |
|---|---|
| Industry | Construction Management, Consulting |
| Founded | 1902 |
| Founder | Henry C. Turner |
| Headquarters | 66 Hudson Boulevard East, New York, NY 10001 , United States |
Area served | International |
Key people |
|
| Services | construction |
| Revenue | $14.41 billion (2020) |
Number of employees | 10,000 (2020) |
| Parent | Hochtief |
| Subsidiaries |
|
| Website | turnerconstruction.com |
The Turner Construction Company is an American construction company with presence in 20 countries. A subsidiary of the German company Hochtief, it is the largest domestic contractor in the United States as of 2020, with a revenue of $14.41 billion in 2020.
Turner Construction was founded in New York City in 1902 by Henry Chandlee Turner. Its first project was a $690 concrete vault in Brooklyn, followed by concrete staircases for the New York City Subway. By the late 1920s, Turner was constructing buildings for large businesses in the United States. Turner's stock began trading on the American Stock Exchange in 1972. Turner's projects have included large buildings and numerous sports stadiums. It was purchased by Hochtief in 1999.
In 2010s, the company was involved in a multi-year bid rigging scheme related to interior work at Bloomberg L.P.. Then vice president Ronald Olson pleaded guilty to a federal of tax evasion charge for accepting $1.5 million in bribes from subcontractors, and project superintendent Vito Nigro pleaded guilty to grand larceny and federal tax evasion.