Sunday, January 10, 2010

Tishman Construction Selected for National Minority Business Award

Posted by Michael Gerrity 01/07/10 4:17 PM EST

(NEW YORK, NY) -- Tishman Construction Corporation (TCC) has been
selected to receive the "Outstanding Corporate Supplier Diversity Award"
from the National Minority Business Council, an organization that helps
minority, women and veteran-owned business enterprises (M/WBE).

The award is in recognition of Tishman Construction Corporation's
impressive efforts in 2009 to increase subcontracting opportunities
for M/WBE firms in the construction industry.

Recently, Tishman awarded more than $350 million to M/WBE firms
on construction projects, including two New York City skyscrapers.
This total includes $200 million in contracts on the Goldman Sachs
Headquarters project in Downtown Manhattan--the largest M/WBE project
in the state of New York--as well as $150 million on the Bank of America Tower
at One Bryant Park in midtown.

Since the 1960s, when Tishman pioneered its own
M/WBE program years before any government agency
required one, TCC's commitment to engaging the talents
and expertise of M/WBE firms has resulted in the award
and completion of contracts totaling many hundreds of
millions of dollars.

"Tishman Construction has been a true leader in utilizing
minority- and women and veteran-owned businesses as
subcontractors on all of their major construction projects
around New York City and nationwide," said John F. Robinson,
President and CEO, NMBC, Inc. "In recognition of their
impressive record over many years, we are thrilled to
present them with our 2009 award for Outstanding Corporate
Supplier Diversity."

"We at Tishman are proud to receive this honor from
the National Minority Business Council, and we remain deeply committed in our
efforts of expanding opportunities to minority- women and veteran- owned
businesses in our industry," said Daniel R. Tishman, Chairman & CEO,
Tishman Construction Corporation.

TCC's experience dates back to the 1960s when the firm built the original
World Trade Center complex for the Port Authority of New York & New Jersey,
a project that posed difficult labor challenges.

While oversight agencies then did not require specific goals for minority workers, Tishman proceeded to initiate its own program. The effort was successful and enabled Tishman to maintain a full schedule without any
loss of production time.

Tishman Construction Corporation is one of the nation's premier
construction organizations that have been in business for over 111 years. Tishman is responsible for the construction of more than 450 million square feet of space in the U.S. and are ranked #2 in the nation on Building Design & Construction magazine's Top Construction Managers list.

TCC's current or recently completed projects nationwide include:

New York: One World Trade Center, previously known as Freedom Tower, to be the city's tallest building, and the renovation and expansion of the Javits Convention Center.

Boston: Renovation of the 14-story Ames Building, turning Boston's first
skyscraper (built in 1904) into a
four-star boutique hotel known as Ames.

Las Vegas: MGM MIRAGE's $9-billion
CityCenter, an 18-million-square-foot
mixed-use project on the Las Vegas Strip.

Chicago: Construction of a $1.75-billion
capital improvement program involving
1,950 renovation and expansion projects
totaling 37.3 million square feet throughout
the Chicago Public Schools system.


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