Tuesday, March 10, 2009

Turner awards record $1.4B to MWBEs

Tuesday, March 10, 2009, 11:31am EDT
Turner awards record $1.4B to MWBEs
Orlando Business Journal

Turner Construction Co. broke another company record last year in awarding contracts to businesses owned by minorities and women.

The New York-based general contractor, which has had an office in Orlando since 1984, awarded a record 2,850 contracts totaling $1.4 billion to minority- and women-owned businesses in 2008.

This is the fourth year in a row that Turner Construction has given more than $1 billion worth of contracts to minority- and women-owned enterprises, according to a news release.

“Our long-standing record of achievement in expanding economic opportunities for minority and women-owned contractors across the country is critical to the success of Turner and of our industry,” said Hilton Smith, senior vice president of community affairs, in a prepared statement.

Turner Construction is one of the leading general builders in the United States. The firm, which completed $9.6 billion in construction projects in 2007, is a subsidiary of German construction company Hochtief (FWB: HOT).




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