Tutor Perini Corp (N:TPC)

Apr 24, 2024 06:05 am ET
Black Construction Awarded Three Projects in Diego Garcia Totaling $54.5 Million
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Black Construction Corporation, in a joint venture with Mace International, has been awarded the following projects, collectively valued at approximately $54.5 million, by the U.S. Naval Facilities Engineering Systems Command, Pacific District.
Apr 24, 2024 06:00 am ET
Roy Anderson Corp Awarded $72.7 Million Hangar 3 Project at Pensacola International Airport
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Roy Anderson Corp, has been awarded a contract valued at approximately $72.7 million by the City of Pensacola, Florida, for Hangar 3 of Project Titan at Pensacola International Airport. The scope of work includes the design and construction of a new pre-engineered metal building hangar with a central shop and perimeter office and support areas, as well as construction of a new 300 space asphalt parking lot.
Apr 18, 2024 06:00 am ET
Tutor Perini Announces Conference Call to Discuss First Quarter 2024 Results
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Thursday, April 25, 2024, to discuss the Company's first quarter 2024 results.
Apr 17, 2024 04:15 pm ET
Tutor Perini Prices $400 Million of Senior Notes
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that it has priced an offering of $400 million in aggregate principal amount of 11.875% Senior Notes due 2029 (the “Notes”) in a private offering. The sale of the Notes is expected to be completed on or about April 22, 2024. The Notes will be senior unsecured obligations of the Company and will be guaranteed by certain of its subsidiaries.
Apr 15, 2024 08:08 am ET
Tutor Perini Announces Proposed Offering of $400 Million of Senior Notes
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that it is offering $400 million in aggregate principal amount of senior notes (the “notes”) in a private offering. The notes will be senior unsecured obligations of the Company and will be guaranteed by certain of its subsidiaries.
Mar 19, 2024 06:00 am ET
Lunda Construction Announces Apparent Low Bid for a $136 Million I-64 Bridge and Highway Project
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Lunda Construction Company, has been recently identified by the Illinois Department of Transportation as the apparent low bidder for a bridge replacement and highway improvement project valued at approximately $136 million. The project is located on I-64, east of US‑1 near Grayville, Illinois. The project crosses the Wabash River, which divides the roadway jurisdiction between White County, Illinois, west of the river, and Posey County, Indian
Feb 28, 2024 04:15 pm ET
Tutor Perini Reports Fourth Quarter and Full Year 2023 Results
Tutor Perini Corporation (the “Company”) (NYSE: TPC), a leading civil, building and specialty construction company, reported results today for the fourth quarter and year ended December 31, 2023 (see attached tables). Revenue for 2023 was $3.9 billion, up slightly compared to 2022, primarily due to a lower amount of net unfavorable impacts from settlements, litigation results and other project charges in 2023 as compared to 2022. Revenue for the Civil and Building segments grew 9% and 5% in 2023, respectively, driven in part by increased project execution activities on certain projects in Cali
Feb 21, 2024 06:00 am ET
Tutor Perini Announces Conference Call to Discuss Fourth Quarter and Full Year 2023 Results
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Wednesday, February 28, 2024, to discuss the Company's fourth quarter and full year 2023 results.
Feb 06, 2024 06:00 am ET
Five Star Electric Awarded $67 Million Systems Installation and Integration Package
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Five Star Electric, has been awarded a systems installation and integration project by the New York Metropolitan Transportation Authority (“MTA”) Construction and Development valued at approximately $67 million for the Connection-Oriented Ethernet, Phase 3C project. The project scope of work includes the replacement of approximately 150,000 feet of fiber optic cable; interconnecting and integrating more than 360 branch sites into MTA’s network
Jan 04, 2024 06:00 am ET
Roy Anderson Corp Awarded $80.7 Million New Residence Hall at Mississippi State University
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Roy Anderson Corp, has been awarded a project valued at approximately $80.7 million for the New Residence Hall at Mississippi State University in Starkville, MS. The project scope of work entails construction of a 155,000 square-foot, five-story residence hall on the Mississippi State University campus, which will include 400 beds, a dining hall, day spaces, offices and a storm shelter.
Dec 20, 2023 04:34 pm ET
Tutor Perini Announces Amendment of 2020 Credit Agreement
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today the amendment of its Credit Agreement, dated August 18, 2020, to modify the spring-forward maturity provision and provide the Company with additional financial flexibility.
Nov 16, 2023 06:00 am ET
Tutor Perini Announces Executive Leadership Changes
Tutor Perini Corporation (the “Company”) (NYSE: TPC), a leading civil, building and specialty construction company, today announced that its Board of Directors (the “Board”) has appointed Gary Smalley, the Company’s current Executive Vice President and Chief Financial Officer, to the position of President, effective November 15, 2023. The Company plans for Mr. Smalley to succeed Ronald Tutor as Chief Executive Officer of the Company effective January 1, 2025, with Mr. Tutor transitioning to the role of Executive Chairman of the Company’s Board at that time, consistent with the timing of the le
Nov 09, 2023 04:15 pm ET
Tutor Perini Reports Third Quarter 2023 Results
Tutor Perini Corporation (the “Company”) (NYSE: TPC), a leading civil, building and specialty construction company, reported results today for the third quarter of 2023. Revenue was $1.1 billion, level compared to the same quarter last year. Higher revenue in the Civil and Building segments was offset by lower revenue in the Specialty Contractors segment associated with certain projects in the Northeast that are complete or nearing completion. In addition, customer budgetary constraints induced by the COVID-19 pandemic, combined with certain political and other factors, resulted in the Company
Nov 02, 2023 04:30 pm ET
Tutor Perini Announces Conference Call to Discuss Third Quarter 2023 Results
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Thursday, November 9, 2023, to discuss the Company's third quarter 2023 results.
Oct 09, 2023 06:00 am ET
Fisk Electric Awarded Central District Wastewater Treatment Plant Project
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Fisk Electric Company (“Fisk Electric”), has been awarded a contract valued at more than $40 million for the Miami-Dade County Water and Sewer Department’s Ocean Outfall Legislation Program, Construction Package CT-3C-A, Electrical Distribution Building 2 (EDB-2), Contract No. S-949A. The overall project was awarded to Poole & Kent as the General Contractor with Fisk Electric providing a complete electrical scope for the project. The project s
Sep 19, 2023 05:11 pm ET
Perini Management Services, Inc. Awarded $47 Million Project for New Visitor Center in Everglades National Park, FL
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, announced today that its subsidiary, Perini Management Services, Inc., has been awarded a fixed-price project valued at approximately $47 million by the National Park Service for the construction of the Marjory Stoneman Douglas Visitor Center in Everglades National Park, Florida. This design-bid-build contract includes construction of the new two-story visitor center, a one-story remote concessions and storage building, underground utilities and major site improvements. The project also includes
Aug 03, 2023 04:19 pm ET
Tutor Perini Reports Second Quarter 2023 Results
Tutor Perini Corporation (the “Company”) (NYSE: TPC), a leading civil, building and specialty construction company, reported results today for the second quarter of 2023. Revenue was $1.02 billion, up 19% compared to $861.0 million for the second quarter of last year. The increase was largely due to contributions from certain Civil segment mass-transit projects in California that have significant work remaining, as well as the absence of certain prior-year unfavorable adjustments. In addition, customer budgetary constraints induced by the COVID-19 pandemic, combined with certain political and
Jul 24, 2023 06:00 am ET
Tutor Perini Announces Conference Call to Discuss Second Quarter 2023 Results
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Thursday, August 3, 2023, to discuss the Company's second quarter 2023 results.
May 04, 2023 04:15 pm ET
Tutor Perini Reports First Quarter 2023 Results
Tutor Perini Corporation (the “Company”) (NYSE: TPC), a leading civil, building and specialty construction company, reported results today for the first quarter of 2023. Revenue was $776.3 million compared to $952.2 million for the first quarter of last year. The decrease was largely due to reduced project execution activities on a transportation project in the Northeast that is nearing completion, which impacted all three segments, and a previously reported unfavorable adjustment related to an adverse legal ruling on a completed mixed-use project in New York, which impacted the Building and S
May 03, 2023 06:00 am ET
Fisk Electric Awarded $41 Million Electrical Subcontract for a New Hospital Tower in South Florida
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Fisk Electric Company, has been awarded a subcontract valued at approximately $41 million by Robins & Morton, the project’s general contractor, for the electrical component of the new Gloria Drummond Patient Tower at the Boca Raton Regional Hospital in South Florida.
May 01, 2023 12:35 pm ET
Tutor Perini Awarded $2.95 Billion Design-Build Program for the NYC Borough-Based Jails System, Brooklyn Facility
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, announced today that it has been awarded a contract by the New York City Department of Design and Construction (“DDC”) valued at approximately $2.95 billion for the Design-Build Program for the NYC Borough-Based Jails System, Brooklyn Facility. Upon receipt of a Notice to Proceed, which is expected in June 2023, design work will commence.
Apr 26, 2023 06:00 am ET
Tutor Perini Announces Conference Call to Discuss First Quarter 2023 Results
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Thursday, May 4, 2023, to discuss the Company's first quarter 2023 results.
Apr 24, 2023 06:00 am ET
Black Construction Awarded $222 Million Tinian International Airport Project
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its Guam-based subsidiary, Black Micro Corp. (a unit of Black Construction Corporation), has been awarded a firm-fixed-price contract valued at $221,690,757 by the Naval Facilities Engineering Systems Command Pacific for construction at Tinian International Airport, Tinian, Commonwealth of Northern Mariana Islands (CNMI). The work to be performed provides for the construction of a cargo pad with taxiway extension, fuel tanks with receipt pipeline and hydrant
Apr 17, 2023 06:00 am ET
Lunda Construction Awarded $62 Million I-494 Bridge Repair Project
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Lunda Construction Company, has been awarded a contract valued at approximately $62 million by the Minnesota Department of Transportation for Repairs to the I-494 Bridge over the Minnesota River in Bloomington, MN. The project scope of work includes pavement repair on I-494; reconstruction of the regional trail; replacement of bridge joints; repair of the bridge deck, beam ends and railings; reconstruction of bearings; replacement of highway l
Mar 15, 2023 04:17 pm ET
Tutor Perini Reports Fourth Quarter and Full Year 2022 Results
Tutor Perini Corporation (the “Company”) (NYSE: TPC), a leading civil, building and specialty construction company, reported results today for the fourth quarter and year ended December 31, 2022. The fourth quarter and year ended December 31, 2022 results are included in the tables attached to this release. Revenue for 2022 was $3.8 billion, down 18% compared to 2021. The lower revenue in 2022 was largely attributable to a lack of major new awards over the last three years, which prevented the Company from replacing revenue associated with certain projects that were completed or are nearing co
Mar 15, 2023 04:15 pm ET
Tutor Perini Announces Notice of Hearing Regarding Proposed $2.95 Billion Contract Award for the Design-Build Program for the NYC Borough Based Jails System, Brooklyn Facility
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, announced today that the City of New York has posted a notice for a public hearing to be held at 10:00 a.m. Eastern Time on March 23, 2023, regarding a proposed contract between the New York City Department of Design and Construction and Tutor Perini Corporation for the Design-Build Program for the NYC Borough Based Jails System, Brooklyn Facility. The proposed contract amount is $2,958,933,292. The contract term is 2,317 consecutive calendar days from the date of notice to proceed.
Mar 14, 2023 06:00 am ET
Tutor Perini Awarded $75 Million U.S. Air Force Academy Building Renovations Project
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Perini Management Services, Inc. (PMSI), has been awarded a $74,991,089 firm-fixed-price contract by the U.S. Army Corps of Engineers, Omaha District, for Phase 3 building renovations of the Cadet Field House at the U.S. Air Force Academy in Colorado Springs, CO. The scope of work includes replacement of mechanical equipment, installation of a new hydraulic track system, installation of a new scoreboard, asbestos abatement, renovation of staff
Mar 10, 2023 12:45 pm ET
Tutor Perini Announces Accelerate Maryland Partners Will Not Proceed with the Maryland Express Lanes Project
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that it has been advised that Accelerate Maryland Partners LLC (“AM Partners”) will no longer be proceeding with the Maryland Express Lanes Project (previously referred to as Phase 1 South of the New American Legion Bridge I-270 Traffic Relief Plan). The Company announced in September 2022 that it had been selected by AM Partners as the design and construction contractor for this multi-billion-dollar project. The Company believes that it may have an opportunity to
Feb 27, 2023 02:47 pm ET
Tutor Perini Announces Conference Call to Discuss Fourth Quarter and Full Year 2022 Results
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Wednesday, March 15, 2023, to discuss the Company's fourth quarter and full year 2022 results.
Nov 02, 2022 04:15 pm ET
Tutor Perini Reports Third Quarter 2022 Results
Tutor Perini Corporation (the “Company”) (NYSE: TPC), a leading civil, building and specialty construction company, reported results today for the third quarter of 2022. Revenue was $1.1 billion compared to $1.2 billion for the third quarter of last year. The decrease was primarily due to reduced project execution activities on various projects in all three segments. Loss from construction operations for the third quarter of 2022 was $6.9 million, compared to income from construction operations of $52.1 million for the same period in 2021. The decrease was largely due to reduced project execut
Oct 31, 2022 06:00 am ET
Five Star Electric Awarded Two Contracts Collectively Valued at Approximately $90 Million
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Five Star Electric (“Five Star”), has been awarded two new contracts collectively valued at approximately $90 million.
Oct 27, 2022 10:42 am ET
Tutor Perini Announces Conference Call to Discuss Third Quarter 2022 Results
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Wednesday, November 2, 2022, to discuss the Company's third quarter 2022 results.
Oct 19, 2022 01:41 pm ET
Perini Management Services, Inc. Awarded Three Federal Contracts Collectively Valued at $164 Million
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Perini Management Services, Inc. (PMSI), has been awarded three fixed-price federal contracts collectively valued at approximately $164 million.
Oct 17, 2022 07:25 am ET
Parsons Serves as Lead Designer for New American Legion Bridge I-270 Traffic Relief Plan
Parsons Corporation (NYSE: PSN) announced today that the company will serve as lead designer and subconsultant to the construction joint venture led by Tutor Perini Corporation (NYSE: TPC) that has been selected by Accelerate Maryland Partners to...
Sep 21, 2022 07:15 am ET
Tutor Perini Selected as the Design and Construction Contractor for Phase 1 South of the New American Legion Bridge I-270 Traffic Relief Plan
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that it has been selected by Accelerate Maryland Partners LLC (“AM Partners”) as the design and construction contractor for Phase 1 South of the New American Legion Bridge I-270 Traffic Relief Plan, one of the largest civil works projects ever undertaken in the United States. Tutor Perini was selected by AM Partners to design and construct both the Phase 1 South A and Phase 1 South B components of the project. Tutor Perini’s team includes O&G Industries (for Phase
Aug 05, 2022 06:00 am ET
Tutor Perini Reports Second Quarter 2022 Results
Tutor Perini Corporation (the “Company”) (NYSE: TPC), a leading civil, building and specialty construction company, reported results today for the second quarter of 2022. Revenue was $0.9 billion compared to $1.2 billion for the second quarter of last year. The decrease was primarily due to reduced project execution activities on various projects in all three segments, most of which are completed or nearing completion, partially offset by increased activities on certain newer Civil and Building segment projects. The revenue decline was also the result of the lingering impact of the COVID-19 pa
Jul 29, 2022 06:00 am ET
Tutor Perini Announces Conference Call to Discuss Second Quarter 2022 Results
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that it will host a conference call at 8:00 AM Pacific Time on Friday, August 5, 2022, to discuss the Company's second quarter 2022 results.
Jul 26, 2022 06:00 am ET
Tutor Perini Announces Apparent Low Bid for the $519 Million Raritan River Bridge Replacement Project
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that it has been identified as the apparent low bidder for New Jersey Transit’s Raritan River Bridge Replacement Project, with a submitted bid valued at approximately $519 million. The Raritan River Bridge Replacement Project will replace the 114-year-old bridge, connecting South Amboy, NJ and Perth Amboy, NJ, which was damaged by Superstorm Sandy in 2012. The new bridge will integrate resilient structural designs and materials to withstand future storm surges and
May 18, 2022 06:00 am ET
Perini Management Services, Inc. Awarded $85 Million U.S. Coast Guard Family Housing Project in Kodiak, AK
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Perini Management Services, Inc., has been awarded a task order valued at approximately $85 million by the United States Coast Guard (USCG), for the design and construction of family housing at Nemetz Park Site, USCG Base Kodiak, in Kodiak, Alaska. The project scope of work includes construction of 50 family housing units (38 three-bedroom and 12 four-bedroom units) in 25 duplex configurations. The project also includes demolition, utilities,
May 17, 2022 06:00 am ET
Black Construction Awarded $83.7 Million Wharf Improvements Project at Naval Base Guam
May 09, 2022 01:00 pm ET
Black Construction-Tutor Perini JV Awarded Two Projects in Guam Collectively Valued at $122 Million
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that the Black Construction-Tutor Perini joint venture has been awarded the following two new projects collectively valued at approximately $122 million by the Naval Facilities Engineering Systems Command, Pacific Division:
May 04, 2022 04:15 pm ET
Tutor Perini Reports First Quarter 2022 Results
Tutor Perini Corporation (the “Company”) (NYSE: TPC), a leading civil, building and specialty construction company, reported results today for the first quarter of 2022. Revenue was $1.0 billion compared to $1.2 billion for the first quarter of last year. The decrease was primarily due to reduced project execution activities on a completed technology project and a mass-transit project that is nearing completion, both in California, as well as the impact of an adverse legal ruling on a dispute related to a completed Civil segment bridge project in New York. The decrease was also due to lower pr
Apr 27, 2022 06:00 am ET
Tutor Perini Announces Conference Call to Discuss First Quarter 2022 Results
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Wednesday, May 4, 2022, to discuss the Company's first quarter 2022 results.
Apr 08, 2022 11:40 am ET
Black Construction-Tutor Perini JV Awarded $106.8 Million Bachelor Officer Quarters Project in Guam
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that the Black Construction-Tutor Perini joint venture has been awarded a firm fixed-price contract valued at approximately $106.8 million by the Naval Facilities Engineering Systems Command, Pacific Division (“NAVFAC”), for the construction of the Bachelor Officer Quarters-B project at Marine Corps Base Camp Blaz on Guam. This is the second Bachelor Officer Quarters to be awarded by NAVFAC following a similar project previously awarded to the Black Construction-T
Mar 16, 2022 05:14 pm ET
Black Construction Receives National Excellence in Construction Awards
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, announced today that its Guam subsidiary, Black Construction Corporation (“Black”), has been recognized as a 2022 Top 200 Performer by the Associated Builders and Contractors (“ABC”). For over 60 years, Black has been a founding member of the Guam Contractors Association (“GCA”), an affiliate of ABC. The awards recognize the achievements of member contractors throughout the United States and its territories in safety, quality, inclusion, diversity and equity, and project excellence. Among the fi
Feb 28, 2022 01:05 pm ET
Frontier-Kemper Awarded Tunnel Contract for Eagle Mountain - Woodfibre Gas Pipeline Project
Feb 24, 2022 04:15 pm ET
Tutor Perini Reports Fourth Quarter and Full Year 2021 Results
Tutor Perini Corporation (the “Company”) (NYSE: TPC), a leading civil, building and specialty construction company, reported results today for the fourth quarter and year ended December 31, 2021. Revenue for the fourth quarter and full year of 2021 was $1.0 billion and $4.6 billion, down 23% and 13%, respectively, compared to the same periods last year. The lower revenue in both the fourth quarter and full year of 2021 was primarily driven by reduced project execution activities in the Building segment, as various projects have completed or are nearing completion, while newer projects that hav
Feb 15, 2022 06:00 am ET
Tutor Perini Announces Conference Call to Discuss Fourth Quarter and Full Year 2021 Results
Dec 02, 2021 08:17 pm ET
Tutor Perini Announces Two Projects Collectively Valued at $218.8 Million
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Black Micro Construction Corp., has been awarded a firm fixed-price contract valued at $161,815,880 by the Naval Facilities Engineering Systems Command, Pacific Division (“NAVFAC Pacific”), for site development and construction of an aircraft parking apron and taxiway at the Tinian International Airport, Tinian, Commonwealth of the Northern Mariana Islands. Initial mobilization to the island will begin in April 2022, with work to commence in J
Nov 11, 2021 07:25 pm ET
Marcus Leavitt Joins Tutor Perini to Lead New Project Proposals and Develop a Design-Build Engineering Management Group
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that Marcus Leavitt recently joined the Company as a Senior Vice President to lead new strategic project pursuits, with a focus on large complex projects being procured under alternative project delivery models, such as Public-Private Partnership (P3), Design-Build and Progressive Design-Build. Mr. Leavitt is also tasked with developing a new Design-Build Engineering Management Group that will focus on improving collaboration between our clients, construction team
Nov 03, 2021 04:15 pm ET
Tutor Perini Reports Third Quarter 2021 Results
Tutor Perini Corporation (the “Company”) (NYSE: TPC), a leading civil, building and specialty construction company, reported results today for the third quarter of 2021. Revenue was $1.2 billion compared to $1.4 billion for the third quarter of last year. The decrease was primarily due to reduced project execution activities in the Building segment, as various projects have completed or are nearing completion, while newer projects that have been recently awarded are yet to contribute to revenue. Until recently, the COVID-19 pandemic has had an adverse effect on the volume and timing of the Com
Oct 27, 2021 06:00 am ET
Tutor Perini Announces Conference Call to Discuss Third Quarter 2021 Results
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Wednesday, November 3, 2021, to discuss the Company's third quarter 2021 results.
Oct 11, 2021 06:00 am ET
Tutor Perini Joint Venture Awarded $178 Million Friant-Kern Canal Middle Reach Capacity Correction Project
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that a joint venture comprised of the Company and Brosamer & Wall, Inc. has been awarded a contract valued at approximately $178 million by the U.S. Department of the Interior, Bureau of Reclamation, for the Friant-Kern Canal Middle Reach Capacity Correction Phase I project in central California, southeast of Visalia.
Sep 29, 2021 12:50 pm ET
Black Construction Awarded $122 Million Military Range Project in Guam
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Black Construction Corp., has been awarded a fixed-price contract valued at approximately $122 million by the Naval Facilities Engineering Systems Command, Pacific Division, for the construction of a machine gun range at the Northwest Field, Andersen Air Force Base, Guam. The work to be performed consists of the construction of a multi-lane, multi-purpose machine gun range, a range control tower, ammunition distribution point and covered bleac
Sep 24, 2021 06:00 am ET
Rudolph and Sletten Awarded High-Rise Replacement Hospital in Los Angeles County
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Rudolph and Sletten, has been awarded a contract for construction of a replacement hospital for Cedars-Sinai Marina del Rey Hospital in Los Angeles County, California.
Aug 19, 2021 06:00 am ET
Black Construction-Tutor Perini JV Awarded $98.3 Million Bachelor Officer Quarters Project in Guam
Aug 04, 2021 04:15 pm ET
Tutor Perini Reports Second Quarter 2021 Results
Tutor Perini Corporation (the “Company”) (NYSE: TPC), a leading civil, building and specialty construction company, reported results today for the second quarter of 2021. Revenue was $1.22 billion, down modestly compared to $1.28 billion for the second quarter of last year. Reduced activities mostly on Building segment projects were partially offset by increased volume on Specialty Contractors segment projects. Despite the lower revenue, income from construction operations for the second quarter of 2021 was $68.8 million, up 19% compared to $57.7 million for the second quarter of last year. Th
Aug 04, 2021 08:00 am ET
PAE-Perini Awarded $36.8M Task Order on Air Force Contract Augmentation Program V for Installation Support and Sustainment Services
The U.S. Air Force has awarded PAE-Perini LLC a task order on the Air Force Contract Augmentation Program V contract vehicle to provide installation support and sustainment services to the 724th Expeditionary Air Base Squadron in Agadez, Niger. The...
Jul 28, 2021 06:00 am ET
Tutor Perini Announces Conference Call to Discuss Second Quarter 2021 Results
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Wednesday, August 4, 2021, to discuss the Company's second quarter 2021 results.
Jul 13, 2021 06:00 am ET
Rudolph and Sletten Breaks Ground on $152 Million Courthouse in Santa Rosa
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Rudolph and Sletten, has received notice to proceed for a new courts facility for the Judicial Council of California in Santa Rosa, California.
Jul 12, 2021 06:00 am ET
Lunda Construction Team Awarded $220 Million I-70 Missouri River Bridge Design-Build Project
Jun 01, 2021 06:00 am ET
Michael Smithson Joins Tutor Perini to Lead the Building and Specialty Contractors Segments
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that Michael Smithson recently joined the Company as an Executive Vice President to lead and manage the growth and future success of the Building and Specialty Contractors segments. Previously, Mr. Smithson was a Senior Vice President at Skanska USA for nine years, where he was responsible for Skanska’s heavy civil projects located within Los Angeles County and its underground heavy civil projects in the western United States. Prior to joining Skanska USA, he work
May 05, 2021 04:15 pm ET
Tutor Perini Reports First Quarter 2021 Results
Tutor Perini Corporation (the “Company”) (NYSE: TPC), a leading civil, building and specialty construction company, reported results today for the first quarter of 2021. Revenue was $1.21 billion compared to $1.25 billion for the first quarter of last year, as reduced activities on Building segment projects were mostly offset by increased volume on Specialty Contractors segment projects. Despite the slightly lower revenue, income from construction operations for the first quarter of 2021 was $49.7 million, up 5% compared to $47.2 million for the first quarter of last year. The increase was pri
May 03, 2021 06:00 am ET
Rudolph and Sletten Awarded $269 Million Design-Build Veterans Skilled Nursing and Memory Care Facility
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Rudolph and Sletten, has been awarded a design-build contract valued at approximately $269 million for a skilled nursing & memory care facility for the California Department of General Services (DGS). DGS’s project client is the California Department of Veterans Affairs (CalVet).
Apr 28, 2021 06:00 am ET
Tutor Perini Announces Conference Call to Discuss First Quarter 2021 Results
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Wednesday, May 5, 2021, to discuss the Company's first quarter 2021 results.
Mar 15, 2021 06:00 am ET
Tutor Perini Announces Low Bid for the $478 Million LAX Airport Metro Connector Project
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that the Company has been identified by the Los Angeles County Metropolitan Transportation Authority as the low bidder for the LAX Airport Metro Connector Project. The anticipated contract value is approximately $478 million. The project scope of work includes construction of a new major transit station hub connecting the Metro Crenshaw/LAX and Green rail lines and a number of bus routes with the LAX Automated People Mover.
Mar 09, 2021 06:00 am ET
Tutor Perini Provides Update on Recent Settlement Related to the SFMTA Central Subway Project
Feb 24, 2021 04:15 pm ET
Tutor Perini Reports Fourth Quarter and Full Year 2020 Results
Tutor Perini Corporation (the “Company”) (NYSE: TPC), a leading civil, building and specialty construction company, reported results today for the fourth quarter and year ended December 31, 2020. Revenue for the fourth quarter and full year of 2020 was $1.3 billion and $5.3 billion, an increase of 15% and 20%, respectively, compared to the same periods last year. The Company experienced double-digit revenue growth across all segments in both periods despite the effects of the COVID-19 pandemic, which the Company estimates negatively impacted revenue in 2020 by approximately $290 million (with
Feb 17, 2021 06:00 am ET
Tutor Perini Announces Conference Call to Discuss Fourth Quarter and Full Year 2020 Results
Feb 01, 2021 03:00 pm ET
Perini Management Services, Inc. Awarded $44.1 Million San Juan Custom House Renovation Contract
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Perini Management Services, Inc., has been awarded a fixed-price task order contract by the U.S. Customs and Border Protection valued at approximately $44.1 million to repair the San Juan Custom House in Puerto Rico.
Jan 20, 2021 01:52 pm ET
Perini Management Services, Inc. Announces Two Federal Contracts Collectively Valued at $66.9 Million
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, today announced that its subsidiary, Perini Management Services, Inc. (PMSI), has recently been awarded two fixed-price federal contracts collectively valued at approximately $66.9 million.
Nov 09, 2020 06:00 am ET
Rudolph and Sletten Awarded $54 Million to Complete The Rise Koreatown Mixed-Use Project
Nov 04, 2020 04:15 pm ET
Tutor Perini Reports Strong Third Quarter 2020 Results
Tutor Perini Corporation (the “Company”) (NYSE: TPC), a leading civil, building and specialty construction company, reported results today for the third quarter of 2020. Revenue was $1.4 billion, the highest revenue of any quarter in more than ten years and up 21% compared to $1.2 billion for the third quarter of last year. The Company experienced double-digit revenue growth across all segments with only an immaterial impact from the COVID-19 pandemic in the third quarter of 2020. The growth was driven by increased activities on various large infrastructure projects that continue progressing,
Oct 28, 2020 06:00 am ET
Tutor Perini Announces Conference Call to Discuss Third Quarter 2020 Results
Tutor Perini Corporation (NYSE: TPC) (the "Company"), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Wednesday, November 4, 2020, to discuss the Company's third quarter 2020 results.
Sep 30, 2020 07:21 pm ET
Tutor Perini Announces Favorable Arbitration Decision
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that on September 28, 2020, the Company received a partial final arbitration award of approximately $23.6 million against Gary Segal, the former owner, president and CEO of Five Star Electric Corporation (“Five Star”), a wholly owned subsidiary of the Company that was acquired in 2011. The arbitrator found, among other things, that Mr. Segal breached his employment agreement and breached the fiduciary duties the law imposed on him as president and CEO of Five Star
Sep 22, 2020 06:00 am ET
Tutor Perini Announces $47 Million Naval Facilities Project in Guam
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that Black Construction-Tutor Perini JV has been awarded a task order valued at approximately $47 million (including certain options) by the Naval Facilities Engineering Command, Pacific Region, for the P-491 Explosive Ordnance Disposal Compound Facilities Project at Naval Base Guam. The project scope of work includes design and construction of a consolidated operations facility, maintenance facility, armory, multipurpose/training facility and certain additional s
Aug 19, 2020 04:33 pm ET
Tutor Perini Announces Refinancing and New Credit Agreement
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today a refinancing and new credit agreement. The agreement includes a $425 million 7-year term loan B and a $175 million 5-year revolving credit facility.
Aug 17, 2020 01:00 pm ET
Tutor Perini Announces Low Bid for a $403 Million Commuter Rail Expansion Project
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that South Coast Rail Constructors, a joint venture between the Company and The Middlesex Corporation, the managing partner, has been identified by the Massachusetts Bay Transportation Authority as the apparent low bidder for the South Coast Rail, Middleborough Secondary & New Bedford Main Line Commuter Rail Expansion Project in Massachusetts. The anticipated contract value is approximately $403 million. The project scope of work includes construction of approxima
Aug 04, 2020 06:00 am ET
Rudolph and Sletten Awarded $399 Million in Public Education Projects
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, announced today that over the past six months its subsidiary, Rudolph and Sletten (R&S), has been awarded approximately $399 million in public education projects. Details about these projects are provided below. Tutor Perini expects that nearly the entire value of the projects will be added to backlog in the future as funding is provided for successive phases.
Jul 29, 2020 04:15 pm ET
Tutor Perini Reports Second Quarter 2020 Results
Tutor Perini Corporation (the “Company”) (NYSE: TPC), a leading civil, building and specialty construction company, reported results today for the three months ended June 30, 2020. Revenue was $1.3 billion, up 13% compared to $1.1 billion for the second quarter of last year. The Company experienced revenue growth across all segments despite impacts from the COVID-19 pandemic, which reduced the Company’s revenue for the second quarter by an estimated $130 million due to temporary project suspensions and reduced productivity that primarily impacted the Building and Specialty Contractors segments
Jul 17, 2020 04:15 pm ET
Tutor Perini Announces Conference Call to Discuss Second Quarter 2020 Results
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Wednesday, July 29, 2020, to discuss the Company's second quarter 2020 results.
Jul 08, 2020 06:00 am ET
Perini Management Services, Inc. Awarded Two Task Orders at Camp Lejeune Collectively Valued at $34 Million
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, announced today that its subsidiary, Perini Management Services, Inc., has been awarded two fixed-price task orders collectively valued at approximately $34 million by the Naval Facilities Engineering Command, Mid-Atlantic District, for work at Marine Corps Base Camp Lejeune in North Carolina.
May 13, 2020 09:10 pm ET
Tutor Perini Announces Termination of Acquisition Transaction Discussions
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, announced today that, in light of continuing volatile market conditions, discussions regarding a potential transaction for the acquisition of Tutor Perini have been terminated. These discussions were referenced by Tutor Perini in a press release it issued on March 2, 2020 in light of media reports.
May 06, 2020 04:15 pm ET
Tutor Perini Reports First Quarter 2020 Results
Tutor Perini Corporation (the “Company”) (NYSE: TPC), a leading civil, building and specialty construction company, reported results today for the three months ended March 31, 2020. Revenue was $1.3 billion, an increase of 30% compared to $1.0 billion for the same period last year. The increase was driven by strong year-over-year growth across all segments, particularly 46% and 47% growth for the Civil and Specialty Contractors segments, respectively, as a result of large infrastructure projects that are accelerating, including Newark Airport Terminal One, the Purple Line Extension projects in
May 05, 2020 02:21 pm ET
Frontier-Kemper Awarded Blue Creek Energy Mining Project Valued at $63.7 Million
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, announced today that its subsidiary, Frontier-Kemper Constructors, has been awarded a contract valued at approximately $63.7 million by Warrior Met Coal BCE, LLC for the Blue Creek Energy Mine #1 project in Tuscaloosa County, Alabama. The scope of work includes the excavation and construction of the mine shaft, mine slope, slope hoist and service hoist. The contract value has been included in the Company’s first quarter 2020 backlog.
Apr 29, 2020 06:00 am ET
Tutor Perini Announces Conference Call to Discuss First Quarter 2020 Results
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Wednesday, May 6, 2020, to discuss the Company's first quarter 2020 results.
Apr 24, 2020 07:30 am ET
PAE-Perini Continues Support of U.S. Air Force with Spot on $6.4B AFCAP V Contract Vehicle
PAE-Perini LLC was selected as one of eight awardees to support the U.S. Air Force on the seven-year Air Force Contract Augmentation Program V. With a ceiling value of $6.4 billion, the indefinite-delivery, indefinite-quantity contract vehicle...
Apr 22, 2020 03:07 pm ET
Tutor Perini Announces Updates for 2020 Annual Meeting of Shareholders, Including Virtual-Only Format
Tutor Perini Corporation (the “Company”) (NYSE: TPC) announced today a change in the location of its 2020 Annual Meeting of Shareholders (the “Annual Meeting”). In the interest of the health and safety of its shareholders, employees and communities, and in light of public health concerns resulting from the novel coronavirus (COVID-19) pandemic and recent guidance and related protocols that federal, state and local governments have implemented, the Annual Meeting will now be held by remote communication in a virtual-only format. Shareholders will not be able to attend the Annual Meeting in pers
Apr 15, 2020 06:00 am ET
Perini Management Services, Inc. Awarded Cape Canaveral Task Order Valued at $45.7 Million
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, announced today that its subsidiary, Perini Management Services, Inc., has been awarded a fixed-price task order valued at approximately $45.7 million by the U.S. Air Force Civil Engineer Center for work at Cape Canaveral Air Force Station, Florida. The project entails the construction of a new North Equipment Airlock (NEAL) addition to the existing Eastern Processing Facility (EPF) with an option for a Payload Access Encapsulation Storage (PAES) addition. The height of the additions range from
Mar 11, 2020 01:13 pm ET
Perini Management Services, Inc. Awarded Two Task Orders at Camp Lejeune Collectively Valued at $87.2 Million
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, announced today that its subsidiary, Perini Management Services, Inc., has been awarded two fixed-price task orders collectively valued at approximately $87.2 million by the Naval Facilities Engineering Command, Mid-Atlantic District, for work at Marine Corps Base Camp Lejeune in North Carolina.
Mar 02, 2020 06:09 pm ET
Tutor Perini Comments on Media Reports Regarding Potential Acquisition Transaction
In response to media reports, Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, confirmed today that a Special Committee of its Board of Directors comprised of independent directors, on behalf of the Company, is engaged in discussions regarding a potential transaction for the acquisition of Tutor Perini. The Special Committee expects that Ronald N. Tutor, Chairman and Chief Executive Officer, would continue to retain his management leadership role with the Company and significant shareholdings in the Company following any potential transaction.
Feb 27, 2020 06:00 am ET
Tutor Perini Confirms Award of $432 Million Contract for the Division 20 Portal Widening and Turnback Facility Project
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, today announced that the Los Angeles County Metropolitan Transportation Authority has awarded the Company a contract for the $432 million Division 20 Portal Widening and Turnback Facility project. The project scope of work includes a variety of civil improvements, including demolition and/or modification of the existing tunnel portal, installation of new trackwork, a third rail, traction power and train control systems, and construction of new storage areas and a new turnback facility to improve
Feb 26, 2020 04:15 pm ET
Tutor Perini Reports Fourth Quarter and Full Year 2019 Results
Tutor Perini Corporation (the “Company”) (NYSE: TPC), a leading civil, building and specialty construction company, reported results today for the fourth quarter and year ended December 31, 2019. As previously disclosed in the Company’s earnings release for the second quarter of 2019, the Company’s results for 2019 were impacted by a pre-tax, non-cash goodwill impairment charge of $379.9 million.
Feb 24, 2020 06:00 am ET
Black Construction Corp. Awarded Three Projects Collectively Valued at $28 Million
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, announced today that its subsidiary, Black Construction Corp., in a joint venture with MACE International, has been awarded by the U.S. Naval Facilities Engineering Command, Far East District, three new task orders for projects in Diego Garcia collectively valued at approximately $28 million.
Feb 19, 2020 06:00 am ET
Tutor Perini Announces Conference Call to Discuss Fourth Quarter and Full Year 2019 Results
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Wednesday, February 26, 2020, to discuss the Company's fourth quarter and full year 2019 results.
Jan 30, 2020 06:00 am ET
Rudolph and Sletten Awarded Two Projects Collectively Valued at $157 Million
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, announced today that its subsidiary, Rudolph and Sletten, has been awarded the following projects collectively valued at approximately $157 million:
Jan 22, 2020 06:00 am ET
Lunda Construction Awarded $50 Million 10th Avenue Historic Bridge Rehabilitation Project
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, announced today that its subsidiary, Lunda Construction Company, has been awarded a contract by the City of Minneapolis Department of Public Works valued at approximately $50 million for the 10th Avenue Historic Bridge Rehabilitation Project. The bridge, originally built in 1929 and listed on the National Register of Historic Places, currently carries approximately 10,000 vehicles and hundreds of pedestrians over the Mississippi River each day. The bridge rehabilitation will include,
Dec 13, 2019 07:17 pm ET
Tutor Perini Statement on Jury's Decision in SR 99 Alaskan Way Viaduct Replacement Project Trial
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, released the statement below in reaction to a jury verdict in favor of the plaintiff in the case of Washington State Department of Transportation v. Seattle Tunnel Partners (“STP”) et. al., a trial conducted in the Thurston County District Court in the state of Washington. The trial dealt with various disputed claims related to the SR 99 Alaskan Way Viaduct Replacement Project, which was constructed by STP, a joint venture between the Company and Dragados USA, Inc.
Nov 06, 2019 04:15 pm ET
Tutor Perini Reports Third Quarter 2019 Results
Tutor Perini Corporation (the “Company”) (NYSE: TPC), a leading civil, building and specialty construction company, reported results today for the third quarter ended September 30, 2019.
Oct 30, 2019 02:23 pm ET
Tutor Perini Announces Conference Call to Discuss Third Quarter 2019 Results
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Wednesday, November 6, 2019, to discuss the Company's third quarter 2019 results.
Oct 04, 2019 12:31 pm ET
Tutor-Saliba Prevails in Westgate Planet Hollywood Case
Oct 03, 2019 11:56 am ET
Tutor Perini Announces Low Bid for the $439.8 Million Division 20 Portal Widening & Turnback Facility Project
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, announced today that the Company has been identified by the Los Angeles County Metropolitan Transportation Authority as the apparent low bidder for the Division 20 Portal Widening & Turnback Facility Project near Union Station in downtown Los Angeles. The anticipated contract value is $439,828,500. The project scope of work includes a variety of civil improvements including demolition and/or modification of various streets, installation of new trackwork, a third rail, traction power and train co
Oct 03, 2019 06:00 am ET
Rudolph and Sletten Awarded $50 Million Bayside Performance Park Project in San Diego
Work on the project commenced in September and substantial completion is anticipated in the summer of 2020. The contract value will be included in the Company’s third quarter 2019 backlog. For more information about Bayside Performance Park visit www.sandiegosymphony.org/BPP2020/.
Sep 23, 2019 06:00 am ET
Black Construction Corporation Awarded $178 Million Andersen AFB Housing Project in Guam
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, announced today that its subsidiary, Black Construction Corporation, has been awarded a contract valued at approximately $178 million by the U.S. Naval Facilities Engineering Command, Pacific, for the replacement of Andersen Air Force Base housing. The project scope of work includes the construction of duplex buildings with reinforced concrete foundations, concrete floors, concrete walls and concrete-sloped roofs designed for 170 mph wind speed to withstand Guam's frequent typhoons.
Sep 03, 2019 06:00 am ET
Tutor Perini Selected as Preferred Proponent for the Miami-Dade County New Civil and Probate Courthouse Project
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, announced today that its team has been identified as the Preferred Proponent for the Miami-Dade County New Civil and Probate Courthouse in Miami, Florida. The construction value is in excess of $260 million. The project will be executed under a Public-Private Partnership (P3) delivery model, which will provide for the design, construction, financing, operations and maintenance of the courthouse under a single contractual agreement. Tutor Perini is the design-build contractor and is teamed on thi
Aug 08, 2019 04:15 pm ET
Tutor Perini Reports Second Quarter 2019 Results
Tutor Perini Corporation (the “Company”) (NYSE: TPC), a leading civil, building and specialty construction company, reported results today for the second quarter ended June 30, 2019. The Company’s results were impacted by a pre-tax non-cash goodwill impairment charge of $379.9 million recorded during the period. The impairment charge does not impact the Company’s ongoing business operations, including cash flows and the pursuit of new work.
Aug 01, 2019 06:00 am ET
Tutor Perini Announces Conference Call to Discuss Second Quarter 2019 Results
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Thursday, August 8, 2019, to discuss the Company's second quarter 2019 results.
Jun 24, 2019 06:01 am ET
Black Construction Corporation Awarded $122 Million Wastewater Treatment Plant Project in Guam
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, announced today that its subsidiary, Black Construction Corporation (BCC), has been awarded a contract valued at approximately $122 million by the Guam Waterworks Authority for the Upgrade of the Northern Wastewater Treatment Plant in the Village of Dededo, Guam. The project scope of work includes the complete construction of new secondary wastewater treatment facilities at the Northern District Wastewater Treatment Plant, as well as upgrades and repurposing of certain existing infrastructure an
Jun 24, 2019 06:00 am ET
Rudolph and Sletten Awarded Major Tenant Improvement Project
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, announced today that its subsidiary, Rudolph and Sletten, has been awarded a contract valued over $200 million by a confidential technology customer for a major tenant improvement project in the Bay Area. The project includes the build-out of approximately 760,000 square-feet of offices, laboratory, technical support and cafeteria/kitchen space. The project will begin immediately with preconstruction, and construction is targeted to start this September with completion within one year. The contr
May 08, 2019 04:15 pm ET
Tutor Perini Reports First Quarter 2019 Results
Tutor Perini Corporation (the “Company”) (NYSE: TPC), a leading civil, building and specialty construction company, reported results today for the three months ended March 31, 2019. Revenue was $958.5 million compared to $1,028.2 million for the first quarter of 2018. The decrease was primarily driven by the timing of various new projects that have not yet ramped up to offset lower revenue associated with certain projects that have completed or are nearing completion. Adverse weather that impacted certain projects primarily in California and the
May 01, 2019 06:00 am ET
Tutor Perini Announces Conference Call to Discuss First Quarter 2019 Results
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Wednesday, May 8, 2019, to discuss the Company's first quarter 2019 results.
Apr 23, 2019 06:00 am ET
Roy Anderson Corp. Awarded Southland Gaming Casino and Hotel Project
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, announced today that its subsidiary, Roy Anderson Corp. (RAC), has been awarded a contract by Delaware North for the Southland Gaming Casino and Hotel Project in West Memphis, Arkansas. The contract value is approximately $200 million. The project scope of work includes an expansion to Southland Gaming and Racing Park and will include a new casino complex and a 20-story, 300-room hotel in West Memphis, Arkansas.
Mar 27, 2019 12:47 pm ET
WDF Awarded Two NYCHA Projects Valued at $101 Million
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, announced today that its subsidiary, WDF Inc., has been awarded two new contracts by the New York City Housing Authority for the replacement of boilers at Pelham Parkway Houses and the replacement of boilers and hot water heaters at Sotomayor Houses. The combined contract value is approximately $101 million.
Mar 05, 2019 08:10 am ET
Analysis: Positioning to Benefit within The Goodyear Tire & Rubber, Cars, Tutor Perini, CVS Health, VMware, and Horizon Pharma Public — Research Highlights Growth, Revenue, and Consolidated Results
In new independent research reports released early this morning, Capital Review released its latest key findings for all current investors, traders, and shareholders of The Goodyear Tire & Rubber Company (NASDAQ:GT), Cars.com Inc. (NYSE:CARS),...
Feb 27, 2019 04:15 pm ET
Tutor Perini Reports Fourth Quarter and Full Year 2018 Results
Tutor Perini Corporation (the “Company”) (NYSE: TPC), a leading civil, building and specialty construction company, reported results today for the fourth quarter and year ended December 31, 2018. Revenue was $1.2 billion and $4.5 billion for the fourth quarter and full year of 2018, respectively, compared to $1.2 billion and $4.8 billion for the comparable periods in 2017. Revenue for certain new projects that were starting up in 2018 has not yet fully replaced revenue from projects that were completed or are nearing completion.
Feb 21, 2019 06:00 am ET
Tutor Perini Awarded $253 Million Culver Line Communications-Based Train Control Project
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, announced today that the Company was been awarded a contract valued at approximately $253 million by MTA New York City Transit (NYCT) for the Culver Line Communications-Based Train Control (CBTC) Project. The project scope of work consists of the complete CBTC signal system overlay on NYCT’s Culver Line between West 8th Street and Church Avenue in the borough of Brooklyn, New York, including signal system modernization for the Avenue X and Ditmas
Feb 19, 2019 06:00 am ET
Tutor Perini Receives Notice of Intent to Award a $1.4 Billion Contract for the Purple Line Extension Section 3 Stations Project
Tutor Perini Corporation (the “Company”) (NYSE: TPC), a leading civil, building and specialty construction company, announced today that the Tutor Perini/O&G Joint Venture has received a notice of intent to award a contract from the Los Angeles County Metropolitan Transportation Authority for the Purple Line Extension Section 3 Stations project. The contract value is anticipated to be approximately $1.4 billion. The scope of work entails the design and construction of two new subway stations at Westwood/UCLA and Westwood/Veteran Administration (
Feb 15, 2019 06:00 am ET
Tutor Perini Announces Conference Call to Discuss Fourth Quarter and Full Year 2018 Results
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Wednesday, February 27, 2019, to discuss the Company's fourth quarter and full year 2018 results.
Jan 09, 2019 06:00 am ET
Roy Anderson Corp. Awarded $88 Million Charleston International Airport Parking Garage Project
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, today announced that its subsidiary, Roy Anderson Corp., has been awarded a contract valued at approximately $88 million by the Charleston County Aviation Authority to construct a new five-story, one-million-square-foot, 3,000-space, cast-in-place parking garage at Charleston International Airport in Charleston, South Carolina. The project scope of work also includes a pedestrian walkway, new roadway, landscaping, elevator core/lobby, and renovati
Dec 18, 2018 06:00 am ET
Perini Management Services Awarded $104 Million RSAF Air Warfare Center
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, today announced that its subsidiary, Perini Management Services, Inc. (PMSI), has been awarded a design-build contract valued at approximately $104 million by the U.S. Air Force to design and construct facilities in support of the Royal Saudi Air Force (RSAF) through a Foreign Military Sales program. The project was competitively bid through an Air Force Civil Engineer Center multiple award task order contract and is funded by the Kingdom of Saudi
Dec 05, 2018 06:00 am ET
WDF Announces $71 Million Jacob Riis Houses Restoration Project
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, today announced that its subsidiary, WDF Inc., has been approved for award by the New York City Housing Authority for the Sandy Recovery Program Restoration at Jacob Riis Houses. The anticipated contract value is approximately $71.2 million and notice to proceed is expected in the first quarter of 2019.
Dec 04, 2018 08:30 am ET
Factors of Influence in 2018, Key Indicators and Opportunity within Crocs, Ericsson, AAC, Coty, Tutor Perini, and Endo International plc — New Research Emphasizes Economic Growth
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Crocs, Inc. (NASDAQ:CROX), Ericsson (NASDAQ:ERIC), AAC Holdings, Inc....
Nov 19, 2018 06:00 am ET
Tutor Perini Announces $799.5 Million Contract for the Southwest Light Rail Transit Project
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, today announced that a joint venture (JV) between its wholly owned subsidiary, Lunda Construction, and C.S. McCrossan has been awarded a contract valued at approximately $799.5 million by the Metropolitan Council for the Southwest Light Rail Transit project in Minneapolis. This major regional transportation project, the largest public infrastructure project in Minnesota’s history, consists of a 14.5-mile extension of the METRO Green Line and invol
Nov 13, 2018 05:41 pm ET
Tutor Perini Building Corp. Selected for the Choctaw Casino and Resort Expansion Project
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, today announced that its subsidiary, Tutor Perini Building Corp. (TPBC), has expanded its service footprint to address demand for various types of building projects in the South Central United States. For its first major award in this region, TPBC has been selected by the Choctaw Nation of Oklahoma as the design-builder for the Choctaw Casino and Resort Expansion Project in Durant, Oklahoma. The contract value was not disclosed. The project will
Nov 07, 2018 04:15 pm ET
Tutor Perini Reports Third Quarter 2018 Results
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, today reported results for the three months ended September 30, 2018. Revenue for the third quarter of 2018 was $1.1 billion, down 6% compared to $1.2 billion for the third quarter of last year. The decrease was driven by the completion of a large technology office project in California. Revenue and income from construction operations for the third quarter of 2018 were both lower than expected due to continued delays on certain projects, including
Nov 01, 2018 02:00 pm ET
Tutor Perini Building Corp. Announces $42.7 Million Ft. Lauderdale Terminal 4 Federal Inspection Services Facility Expansion Project
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, today announced that its subsidiary, Tutor Perini Building Corp., has been awarded a contract valued at approximately $42.7 million by the Broward County Board of County Commissioners for the Terminal 4 Federal Inspection Services (FIS) Facility Task 2B and 3 Expansion project at the Fort Lauderdale-Hollywood International Airport (FLL). The project consists of the renovation and expansion of existing areas of the FIS at Terminal 4, includi
Oct 26, 2018 06:00 am ET
Tutor Perini Announces Conference Call to Discuss Third Quarter 2018 Results
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Wednesday, November 7, 2018, to discuss the Company's third quarter 2018 results.
Oct 24, 2018 08:30 am ET
New Research Coverage Highlights Nektar Therapeutics, General Mills, Yelp, Zillow Group, Tutor Perini, and Hormel Foods — Consolidated Revenues, Company Growth, and Expectations for 2018
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Nektar Therapeutics (NASDAQ:NKTR), General Mills, Inc. (NYSE:GIS), Yelp...
Sep 25, 2018 06:11 pm ET
Black Construction Corp. Awarded $82 Million Aircraft Maintenance Facility and Corrosion Control Hangar Project in Guam
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, today announced that its subsidiary, Black Construction Corp., has been awarded a fixed-price contract valued at approximately $82 million by the U.S. Naval Facilities Engineering Command for the design and construction of an aircraft maintenance facility and a corrosion control hangar with supporting facilities at Joint Region Marianas, Andersen Air Force Base. The scope of work includes the design and construction of (1) a low-rise airframes sho
Aug 30, 2018 03:01 pm ET
Roy Anderson Corp. Announces $68 Million Contract for the Huntington Ingalls East Bank Revitalization Project
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, today announced that its subsidiary, Roy Anderson Corp., has been awarded a contract valued at approximately $68 million by Huntington Ingalls Incorporated for the East Bank Revitalization project in Pascagoula, Mississippi. The project is part of Huntington Ingalls’ plans to reactivate its shipbuilding facilities on the East Bank of the Pascagoula River, which were decimated by Hurricane Katrina in 2005.
Aug 22, 2018 02:23 pm ET
Tutor Perini Appoints Wendy Hallgren as Executive Vice President and General Counsel
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, today announced that Wendy Hallgren has joined the Company as Executive Vice President and General Counsel. Ms. Hallgren brings 24 years of legal experience and over 15 years of experience in the engineering and construction industry.
Aug 07, 2018 04:15 pm ET
Tutor Perini Reports Second Quarter 2018 Results
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, today reported results for the three months ended June 30, 2018. Revenue for the second quarter of 2018 was $1.1 billion compared to $1.2 billion for the second quarter of last year. The decrease was driven by certain Building segment projects that are now complete and the timing of project execution activities on various Civil segment projects in New York and California. Income from construction operations for the second quarter of 2018 was $54.8
Aug 03, 2018 06:00 am ET
Frontier-Kemper Announces $121 Million Low Bid for Los Angeles County Department of Water and Power Tunneling Project
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, today announced that its subsidiary, Frontier-Kemper Constructors, has been identified by the Los Angeles County Department of Water and Power as the low bidder for the $121 million River Supply Conduit Improvement Upper Reach – Unit 7 Project (RSC Unit 7). The project was bid earlier this year, with Frontier-Kemper providing the low bid. The customer subsequently opted to re-bid the project, and Frontier-Kemper was again designated as the
Jul 31, 2018 06:00 am ET
Tutor Perini Announces Conference Call to Discuss Second Quarter 2018 Results
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Tuesday, August 7, 2018, to discuss the Company's second quarter 2018 results.
Jul 17, 2018 06:00 am ET
Roy Anderson Corp. Announces $59 Million Contract to Construct Visiting Quarters at Joint Base Charleston
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, today announced that its subsidiary, Roy Anderson Corp., has been awarded a contract valued at approximately $59 million by the U.S. Army Corps of Engineers for construction of the Visiting Quarters at Joint Base Charleston, South Carolina. The project entails construction of a new four-story, approximately 149,000 square-foot building that will include 266 guest rooms, appropriate back of house areas, guest laundries, housekeeping function spaces
Jul 05, 2018 12:20 pm ET
Tutor Perini Confirms Award of $410 Million Contract for the Purple Line Extension Section 3 Tunnels Project
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, today announced that the Board of Directors of the Los Angeles County Metropolitan Transportation Authority has approved the award of a $410 million contract to the Frontier-Kemper/Tutor Perini Joint Venture for the Purple Line Extension Section 3 Tunnels Project. The project involves the design and construction of twin bored tunnels for future Purple Line subway service spanning approximately 2.6 miles between Century City and the VA Hospi
Jun 15, 2018 07:45 am ET
Analysis: Positioning to Benefit within Uranium Energy, Bellicum Pharmaceuticals, Tutor Perini, Maiden, Hill-Rom, and BioDelivery Sciences International — Research Highlights Growth, Revenue, and Cons
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Uranium Energy Corp. (NYSE:UEC), Bellicum Pharmaceuticals, Inc....
Jun 15, 2018 06:00 am ET
Tutor Perini Receives Notice of Intent to Award a $410 Million Contract for the Purple Line Extension Section 3 Tunnels Project
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, today announced that the Frontier-Kemper/Tutor Perini Joint Venture has received a notice of intent to award a contract from the Los Angeles County Metropolitan Transportation Authority for the Purple Line Extension Section 3 Tunnels Project. The contract value is anticipated to be approximately $410 million. The project involves the design and construction of twin bored tunnels for future Purple Line subway service spanning approximately 2.6
May 09, 2018 04:15 pm ET
Tutor Perini Reports First Quarter 2018 Results
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, today reported results for the three months ended March 31, 2018. Revenue for the first quarter of 2018 was $1,028.2 million compared to $1,117.4 million for the first quarter of last year. The revenue decrease was primarily attributable to various electrical projects in New York that are completed or nearing completion, as well as reduced project execution activity on a large tunnel project on the West Coast that is also nearing completion. Net
May 07, 2018 02:19 pm ET
Tutor Perini Announces Three Low Bids for Civil Projects Totaling $1 Billion
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, today announced three recent low bids for new civil projects totaling approximately $1 billion. The Company’s wholly owned subsidiary, Lunda Construction, is the managing partner in a joint venture that was the low bidder for the Southwest Light Rail Transit project in Minneapolis with a bid of approximately $800 million. This major regional transportation project consists of a 14.5-mile extension of the METRO Green Line and involves construction
May 02, 2018 08:02 pm ET
Tutor Perini Announces Conference Call to Discuss First Quarter 2018 Results
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Wednesday, May 9, 2018, to discuss the Company's first quarter 2018 results.
Apr 19, 2018 07:45 am ET
Factors of Influence in 2018, Key Indicators and Opportunity within BIOHAVEN PHARM, WEC Energy Group, Axon Enterprise, Tutor Perini, Waste Management, and Twenty-First Century Fox — New Research Empha
NEW YORK, April 19, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of BIOHAVEN PHARM (NYSE:BHVN), WEC Energy Group,...
Feb 27, 2018 04:15 pm ET
Tutor Perini Reports Fourth Quarter and Full Year 2017 Results
Tutor Perini Corporation (the “Company”) (NYSE: TPC), a leading civil, building and specialty construction company, today reported results for the fourth quarter and year ended December 31, 2017. Revenue was $1.2 billion and $4.8 billion for the fourth quarter and full year, respectively, compared to $1.2 billion and $5.0 billion for the comparable periods in 2016. Income from construction operations was $59.3 million and $179.5 million for the fourth quarter and full year, respectively, compared to $52.1 million and $201.9 million for the
Feb 27, 2018 01:30 pm ET
Tutor Perini Corporation to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / February 27, 2018 / Tutor Perini Corporation (NYSE: TPC) will be discussing their earnings results in their Q4 Earnings Call to be held on February 27, 2018 at 5:00 PM Eastern Time.
Feb 15, 2018 06:49 pm ET
Tutor Perini Announces $1.41 Billion Newark Airport Terminal One Design-Build Project
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, announced today that the Port Authority of New York and New Jersey has approved the award of a fixed-price contract valued at approximately $1.41 billion to the Tutor Perini/Parsons joint venture for the one-million-square-foot Newark Airport Terminal One Design-Build Project. The project is part of a major redevelopment and modernization program that will position Newark Liberty International Airport to meet the needs of the 21st century. The
Feb 14, 2018 02:35 pm ET
Tutor Perini Announces Conference Call to Discuss Fourth Quarter and Fiscal Year 2017 Results
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Tuesday, February 27, 2018, to discuss the Company's fourth quarter and fiscal year 2017 results.
Feb 08, 2018 08:25 am ET
Report: Developing Opportunities within VASCO Data Security International, Raymond James Financial, Heritage-Crystal Clean, Warrior Met Coal, Tutor Perini, and Bristow Group — Future Expectations, Pro
NEW YORK, Feb. 08, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of VASCO Data Security International, Inc. (NASDAQ:VDSI),...
Jan 17, 2018 06:00 am ET
Roy Anderson Corp. Announces Three Projects Valued at $67 Million
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, today announced three new projects that have been recently awarded to its subsidiary, Roy Anderson Corp. Project details are provided below.
Dec 22, 2017 05:33 pm ET
WDF Announces Low Bid for $172 Million Sandy Recovery Program Restoration Project
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, today announced that its mechanical subsidiary, WDF Inc., has been identified by the New York City Housing Authority as the low bidder for the Sandy Recovery Program Restoration at Baruch Houses. The anticipated contract value is approximately $172.2 million.
Dec 21, 2017 05:34 pm ET
Roy Anderson Corp. to Build the Mississippi Aquarium
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, today announced that Roy Anderson Corp. (RAC), the Company’s Gulf Coast building subsidiary, has been selected by the Gulfport Redevelopment Commission and approved by the Gulfport City Council to build the Mississippi Aquarium. Located at 2100 East Beach Boulevard, on 5.8 acres of beachfront property in downtown Gulfport, the Mississippi Aquarium will elevate Gulfport and the entire Mississippi Gulf Coast to a family-friendly premier tourist dest
Dec 19, 2017 04:05 pm ET
J. Mark Smith Appointed President and CEO of Roy Anderson Corp.
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, today announced that J. Mark Smith has joined and been appointed as President and Chief Executive Officer of Roy Anderson Corp. (RAC), the Company’s Gulf Coast building subsidiary. Mr. Smith succeeds Roy Anderson III, who earlier this year provided notice that he would be retiring from RAC. Mr. Smith was previously a Senior Vice President and General Manager at AECOM, where he established and grew the firm’s industrial manufacturing business unit,
Dec 19, 2017 06:00 am ET
Frontier-Kemper JV Receives Notice to Proceed with the CAD$337 Million Kemano Generating Station T2 Tunnel Project
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, today announced that a joint venture between its subsidiary, Frontier-Kemper Constructors, and Aecon Group Inc., of which Frontier-Kemper has a 60% share, has received Notice to Proceed from Rio Tinto for a contract valued at approximately CAD$337 million (USD$274 million) to complete the construction of the remaining 7.6-km section of a 16-km second tunnel at the Kemano Generating Station in British Columbia. The contract value was included in th
Dec 13, 2017 06:00 am ET
Rudolph and Sletten Design-Build Team Selected to Construct New Sacramento Building
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, today announced that a design-build team led by the Company’s subsidiary, Rudolph and Sletten, has been selected by the California Department of General Services (DGS) to construct a new office building at 1215 O Street in downtown Sacramento. Rudolph and Sletten will serve as the general contractor for the project in partnership with the renowned design firm ZGF Architects, supported by the local firm Lionakis. The anticipated contract value is a
Nov 20, 2017 07:45 am ET
New Research: Key Drivers of Growth for Tanger Factory Outlet Centers, Canada Goose, Two Harbors Investments, Warrior Met Coal, Tutor Perini, and Bristow Group — Factors of Influence, Major Initiative
NEW YORK, Nov. 20, 2017 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Tanger Factory Outlet Centers, Inc. (NYSE:SKT),...
Nov 09, 2017 04:05 pm ET
Tutor Perini Reports Third Quarter Results
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, today reported results for the three months ended September 30, 2017. Revenue for the third quarter of 2017 was $1.2 billion compared to $1.3 billion for the third quarter of last year, as various Civil and Building segment projects are nearing completion and newer projects, particularly in the Civil segment, are earlier in their project life cycle and are not yet generating the higher levels of revenue that are expected later. Revenue for the thi
Nov 07, 2017 06:00 am ET
Tutor Perini Announces Low Bid for the $189 Million Canton Viaduct Replacement Project
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, today announced that the Company has been identified by the Maryland Transportation Authority as the low bidder for the Replacement of the Canton Viaduct I-895 Over I-95 Ramps, Railroads and City Streets and Rehabilitation of the Baltimore Harbor Tunnel and Tunnel Approaches. The anticipated contract value is approximately $189.4 million, and contract award is expected later in the fourth quarter of 2017.
Oct 26, 2017 06:00 am ET
Tutor Perini Announces Conference Call to Discuss Third Quarter Results
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Thursday, November 9, 2017, to discuss the Company's third quarter results.

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