Turner’s revenue was slightly less than 2020’s $14.4 billion in revenue, but it was still enough to defend the top spot against Bechtel, whose revenue increased to $12.9 billion, up from $12.2 billion the previous year, according to the report.
While the past several years have been difficult for the construction industry due to gnarled supply chains and skyrocketing materials prices, contractors like Turner continue to nab work such as an $800 million Meta data center project. But now, with fears of a recession looming and a bear market casting a shadow over the economy, according to the Wall Street Journal, the road ahead could continue to be bumpy.
