Close Menu
Machinery Asia
  • Home
  • Industry News
  • Heavy Machinery
  • Backhoe Loader
  • Excavators
  • Skid Steer
  • Videos
  • Shopping
  • News & Media
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
Machinery Asia
Subscribe
  • Home
  • Industry News
  • Heavy Machinery
  • Backhoe Loader
  • Excavators
  • Skid Steer
  • Videos
  • Shopping
  • News & Media
Machinery Asia
You are at:Home ยป Turner Advances is planning to become a data center developer
Industry News

Turner Advances is planning to become a data center developer

Machinery AsiaBy Machinery AsiaMay 23, 2025No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email Tumblr

Turner Construction Co., the largest contractor in buildings in the United States, is at the beginning in 2025, bulge The benefits of his corporate parent, ACS Group, in the first quarter of 2025 and move forward in plans to take advantage of his experience by building data centers to become a developer.

Juan Santa Maria, CEO of the Madrid progenitor, told the analysts in a results conference on May 13 that the Development Plan of the Data Center announced last year. It is Turner to form a 50% collaboration to develop “from scratch” and obtain permits and connections to lease data centers to “hyperscalers”, he said.

So far, Turner has invested $ 568 million in the company, with the process of forming the “still ongoing” collaboration, said Santa Maria, “but so far, all [details of obtaining a partner are] Very confidential. “”

Cloud computing services hyperscalers often include companies like Amazon, Microsoft and Google and those with cloud -based services that involve artificial intelligence.

ACS is the majority owner of Hochtief, the German -based contractor, who owns Turner, who is again number 1 on the top 400 contractor list and is prominently presented in the financial image of parents.

Turner registered a $ 199 million de -income pretty of $ 6.6 billion in their last quarter, 62.3% and 45.2%, respectively, from last year’s quarter, said ACS Group. The growth of its existing business building data centers, health care, sports and educational facilities provided much of the benefit and income, the firm said. The acquisition of Irish electrical and mechanical engineering of Turner, Dornan, also added to the good financial news.

Turner’s benefit margin increased by 3%, reflecting the company’s strategy focused on advanced technological projects, ” ACS group indicated in its financial report.

Last July, Announced the ACS group He joined his civil engineering and North -American construction businesses combining the Dragados unit with FlatIRON Construction in a single operation.

Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleDemocratic legislators say that the changes in funding for unemployed water resource projects were politically motivated
Next Article United States freezing EV infrastructure funding is illegal according to Watchdog
Machinery Asia
  • Website

Related Posts

Project cost, risk responsibility was discussed at the Resilience Conference

June 19, 2026

Clayco recruits former OpenAI executive Zack Kass as board advisor

June 19, 2026

Saudi Arabia’s Qiddiya plans 33,000-seat tennis center with retractable roof venues

June 19, 2026
Leave A Reply Cancel Reply

  • Facebook
  • Twitter
  • Instagram
  • Pinterest
Don't Miss

Project cost, risk responsibility was discussed at the Resilience Conference

Clayco recruits former OpenAI executive Zack Kass as board advisor

Saudi Arabia’s Qiddiya plans 33,000-seat tennis center with retractable roof venues

Project cost, risk responsibility was discussed at the Resilience Conference

Popular Posts

Project cost, risk responsibility was discussed at the Resilience Conference

June 19, 2026

Clayco recruits former OpenAI executive Zack Kass as board advisor

June 19, 2026

Saudi Arabia’s Qiddiya plans 33,000-seat tennis center with retractable roof venues

June 19, 2026

Project cost, risk responsibility was discussed at the Resilience Conference

June 19, 2026
Heavy Machinery

Why dump trailer maintenance is important for long-term use

June 17, 2026

Top 5 Trailer Safety Mistakes to Avoid Before Towing

June 11, 2026

How to Choose a Gooseneck Tilt Equipment Trailer for Your Business

June 8, 2026

As a double-axle tilting trailer facilitates the transport of vehicles and equipment

June 5, 2026

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

Type above and press Enter to search. Press Esc to cancel.