Below is the full statement from Jim Turner, President and owner of J.T. Turner Construction.

"Unfortunately, J.T. Turner Construction Co., Inc. is another victim of the recent recession. When development and construction came to a standstill during the recession many construction companies laid off most of their employees to survive. J.T. Turner Construction Co., Inc. made minor personnel reductions but forged ahead. It continued to bid for jobs at reduced profit margins in an ever more competitive environment.  

"Many subcontractors and suppliers were able to keep working and stay in business because of the work J.T. Turner Construction Co., Inc. generated during those difficult times. It also invested in developments that failed. This left the company with large monetary obligations. 

"J.T. Turner Construction Co., Inc. has attempted to honor all of its obligations but is unable to continue. Therefore, after 40 years of service to Savannah and the surrounding communities, the company is in the process of winding down its operations. 

"Jim Turner would like to thank J.T. Turner Construction Co., Inc.’s loyal employees, subcontractors, suppliers, and clients and sincerely apologizes for any difficulties these events caused or will cause. J.T. Turner Construction Company of Savannah, Inc., a general contracting company owned by Tripp Turner, will continue to operate in the Carolinas."