The Turner Corporation recently reported strong results for the third quarter of 2001. The value of new contracts secured during the period, at $1.8 billion, represents the second highest quarterly sales figure in Turner’s history. This compares with $1.3 billion for the same period last year. Gross sales earnings were $58.3 million, an all-time quarterly record, compared with $43.7 million for the third quarter of 2000. The value of construction completed for the quarter was $1.6 billion, also a record.

Earnings from construction contracts, at $58.2 million, show an increase of 25 percent over the $46.8 million reported for the corresponding period in 2000. Turner’s backlog earnings as of Sept. 30 were a record, at nearly $176 million, and indicate an increase of 15 percent over the $153 million figure reported as of Sept. 30, 2000. Construction backlog volume was $5.4 billion as of Sept. 30, compared with $4.7 billion for the same period last year.

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