Tutor Perini Corporation (formerly Perini Corporation) is one of the largest general contractors in the United States. It was formed by the merger of Perini Corporation and Tutor-Saliba Corporation in 2008. As of 2024, it reported annual revenue of approximately $4.33 billion.[5] Tutor Perini is headquartered in Sylmar, California, and works on construction projects throughout North America. Specific areas of focus are civil infrastructure such as bridges, highways, tunnels, airports, and mass transit systems, building infrastructure (healthcare, education, municipal government, detention facilities, hospitality and gaming, multi-use, office towers, multi-unit residential towers, high-technology projects), and specialty contracting (electrical, mechanical, plumbing, heating, air conditioning and ventilation (HVAC), and fire protection systems).
History
A.G. Tutor Company, Inc
In 1949, Albert G. Tutor launched a family construction business, A.G. Tutor Company, Inc. His son Ronald joined the company in 1963, and the company expanded under his leadership. In 1972, the company partnered with N.M. Saliba. In 1981, Ron Tutor took the reins as president of the Tutor-Saliba Corporation.[6]
Perini Corporation
Perini Corporation was founded in 1894 in Ashland, Massachusetts by a stonemason named Bonfiglio Perini.[7] The company grew to become one of the region's most recognized heavy construction contractors. From 1931 to 2009, Perini was headquartered in Framingham, Massachusetts. [8]
Under the direction of Bonfiglio's grandson, Lou Perini, the company moved into the real-estate business, developing|4500 acres in Palm Beach County, Florida. Later real-estate ventures were less successful, leaving Perini deeply in debt by the mid-1990s.
Tutor Perini Corporation
In 1997, Ron Tutor helped Perini Corp. recapitalize alongside investor Richard Blum.[9] Tutor became CEO of Perini in 2000 and merged Perini with Tutor-Saliba in 2008 in a transaction valued at $862 million.[10]
Perini was originally listed OTC on June 15, 1961, then subsequently listed on AMEX on May 12, 1970,[11] then listed on the NYSE on April 1, 2004.[12] It was headquartered in Framingham, Massachusetts until relocating to Sylmar, California in 2009.[13][14]
Acquisitions
- In 2003, Perini acquired Florida-based James A. Cummings Inc.[17]
- In 2005, the company acquired Cherry Hill Construction, a Maryland-based contractor,[18][19] and California-based Rudolph & Sletten, Inc.[20]
- January 2008, Perini acquired Desert Heating and Cooling (later renamed Desert Mechanical), a southwestern U.S. mechanical contractor[21]
- In 2009, Perini acquired Black Construction, based in Guam.[21]
Notable projects
Hudson Yards in New York, NY
In 2016 the company was awarded contracts worth roughly $1.2 billion for the construction of Tower D and The Shops & Restaurants retail complex at the development.[27]
California High-Speed Rail in Central California
The California High-Speed Rail Authority's Construction Package 1, a $1.9 billion contract, was the first significant construction contract executed on the Initial Operating Section of the high-speed rail project in California's Central Valley. The CP1 construction area is a 32-mile stretch between Avenue 19 in Madera County to East American Avenue in Fresno County, including major work elements in downtown Fresno. It includes 12 roadway / railroad grade separations, 2 mainline viaducts, 1 tunnel, realignments of existing railroad tracks, utility relocations, roadway relocations, 2 trench sections, and a major river crossing over the San Joaquin River.[28]
Terminal 3 – Harry Reid International Airport in Las Vegas, NV
Controversies
In 2002, the firm and the City of San Francisco had a dispute over cost overruns, which settled in 2006 for $19 million with neither side admitting fault; the firm has continued to work on projects in San Francisco.[43][44][45]
In March 2011, a jury in Brooklyn found Zohrab B. Marashlian, a former executive of Perini Corp.’s Civil Division, guilty of fraud in connection with construction projects. The judgment was vacated in April 2011 due to Marashalian's death prior to the completion of proceedings.[46]
In In 2018, Tutor Perini and a subcontractor were alleged to have installed standard-strength train rails rather than high-strength rails requested by a San Francisco construction contract. Tutor Perini argued that they were in "full compliance" with the contract specification, as the city requested the special rails only for certain segments of track, such as tight turns. Emails suggested the city knew about the installation of "standard" rails as early as 2015. The city later stated "it is not a safety issue we’re concerned about" but rather about the longevity of the rails. The rails were replaced without incident.[47]
Divisions and subsidiaries
Civil
Building
Specialty
- Tutor Perini Civil
- Frontier-Kemper Constructors, Inc.
- Lunda Construction Company
- Black Construction Corporation
- Becho, Inc.
- Tutor Perini Building Corp.
- Rudolph and Sletten, Inc.
- Roy Anderson Corp
- Perini Management Services, Inc.
- Desert Mechanical, Inc.
- Fisk Electric Company
- Five Star Electric
- Nagelbush Mechanical
External links
References
- Lekha Gupta. Gary Smalley Takes The Helm As Tutor Perini's CEO; Ronald Tutor Stays On As Executive Chairman Benzinga, retrieved 17 October 2025^
- 2017 Annual Report Tutor Perini, 2017, retrieved 2 November 2024^
- Tutor Perini Fortune, retrieved 2019-01-14