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Message
Why doesn't Turner Industries do full EPC contracts?
Posted on 8/3/26 at 1:24 pm
Posted on 8/3/26 at 1:24 pm
With all the LNG and Data Center projects popping up in Louisiana why aren't they involved?
They do the C part which is construction part but it seems all the projects have Bechtel, Zachry, Worley, Kiewit, McDermott and the other Turner as their General Contractor.
Seems like a missed opportunity.
They're at CP2 but they're a subcontractor not a GC
They do the C part which is construction part but it seems all the projects have Bechtel, Zachry, Worley, Kiewit, McDermott and the other Turner as their General Contractor.
Seems like a missed opportunity.
They're at CP2 but they're a subcontractor not a GC
15
Posted on 8/3/26 at 1:25 pm to FlyingTigerBo
Because they don’t have the E and are pretty risk averse in general.
Posted on 8/3/26 at 1:25 pm to FlyingTigerBo
Posted on 8/3/26 at 1:26 pm to FlyingTigerBo
They building those data centers T&M? Turner would be all over that.
Posted on 8/3/26 at 1:34 pm to FlyingTigerBo
Giants like Bechtel, Worley, or McDermott are fundamentally engineering powerhouses first. Turner grew out of a heavy craft labor, equipment, and maintenance background. While they have excellent constructability teams, they historically leave FEED and detailed engineering to specialized engineering firms.
Posted on 8/3/26 at 1:36 pm to FlyingTigerBo
Turner prints money as-is. Probably just going to stay in their lane.
Posted on 8/3/26 at 1:37 pm to FlyingTigerBo
Turner does quite well with just the P&C, with heavy on the C and has for the past 60+ years.
quote:
"We dig great holes, hang steel, fabricate pipe and put the pipe into the steel," Toups said recently. "That's it."
It's actually a lot more complicated than that. Turner is one of Louisiana's largest private companies with more than $3.2 billion in annual revenues and more than 20,000 employees. Its various divisions specialize in industrial construction, maintenance, pipe fabrication and large equipment fleet services and service some of the largest multinational corporations in the world.
Posted on 8/3/26 at 1:40 pm to FlyingTigerBo
No engineering capabilities really...
Posted on 8/3/26 at 1:42 pm to FlyingTigerBo
quote:
Zachry, Worley, Kiewit, McDermott
All underperform. Turner is wise to let the above mentioned be incompetent.
Posted on 8/3/26 at 1:46 pm to FlyingTigerBo
Posted on 8/3/26 at 1:51 pm to FlyingTigerBo
Turner only takes on T&M work for very low margins. EPC work is complex and they dont have any of the E capabilities (engineering). They also dont know how to do all that in general....especially data centers. Turner is a very low risk contractor
Posted on 8/3/26 at 2:34 pm to CatfishJohn
quote:
Turner prints money as-is. Probably just going to stay in their lane.
Hard to change order the client for frick ups due to E when you own E.
Posted on 8/3/26 at 3:52 pm to MWP
quote:
Hard to change order the client for frick ups due to E when you own E.
Posted on 8/3/26 at 3:57 pm to FlyingTigerBo
Why don't you call and ask them?
Posted on 8/3/26 at 4:47 pm to FlyingTigerBo
They made $3.4 billion in 2025 by doing the same thing they’ve been doing for like 70 years.
Posted on 8/3/26 at 4:50 pm to FlyingTigerBo
Because they're extremely risk averse and keep their paws out of engineering entirely. EPC is a whole different ballgame. They are totally fine doing billions in low risk, low margin T&M and maintenance work. They do not have an appetite for lump sum work
Posted on 8/3/26 at 5:44 pm to Carson123987
Yep, getting greedy in this space and out over your skis is how you lose your arse in the EPC world. Stick to what you know.
Posted on 8/3/26 at 6:45 pm to FlyingTigerBo
Carrying a full staff of experiences Engineers with PEs isn't cheap.
..and it's lowest profit margin of the three.
..and it's lowest profit margin of the three.
This post was edited on 8/3/26 at 6:48 pm
Posted on 8/3/26 at 7:35 pm to MWP
Truck baw board
Posted on 8/3/26 at 7:44 pm to lowhound
quote:
They building those data centers T&M? Turner would be all over that.
There is already a Turner that's not affiliated with Turner Industries that is a major player in that sector. At least that's what I've been told.
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