This audio is automatically generated. Please let us know if you have any comments.
Dive brief:
- Turner Construction, the largest contractor in the US by revenue, has launched First Equipment Companyan equipment rental and site services company, according to a Jan. 8 announcement from the builder.
- Prior to the news, New York City-based Turner used First Equipment to supply equipment and services for its own projects. These works, particularly the company’s large-scale advanced technology work, demonstrated the benefits of FEC’s integrated model, according to the release.
- With this launch, Turner is expanding FEC services to support projects across the United States and Turner’s more than 40,000 commercial contractor partners, according to the press release. Turner will also provide equipment and site rental services to other general and commercial contractors in the US
Diving knowledge:
According to the press release, FEC centralizes equipment rental and site services to help builders support, manage and source equipment.
Some of the company’s offerings include heavy machinery and operating equipment, temporary power, lighting, office and restroom trailers, fencing and site controls.
“By supporting contractors working on our projects with a consistent and streamlined team experience, we help improve productivity in the field, benefiting our project teams and ultimately our customers,” Shannon Hines, Turner senior vice president, said in the announcement.
The move comes as Turner looks to invest more deeply in project delivery functions, according to the statement. Other such companies include xPL out of placean off-site manufacturing company; supply chain management brand SourceBlue; and Turner Engineering Group, which is the contractor’s in-house architecture and engineering arm.
Turner has also been working to advance technology among its ranks. Last year, that entered into a partnership with OpenAI to roll out the AI giant’s flagship product, ChatGPT Enterprise, across its workforce.
