Actualités et vidéos - TUTOR PERINI CORP. - Page 4

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...

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. The Company will use the proceeds from the term loan to repay outstanding amounts under its 2017 credit facility and to repurchase or retire at maturity its 2.875% convertible senior notes due June 15, 2021. It...

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...

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. California State University (CSU) San...

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...

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. Speakers on the call from Tutor Perini will be Ronald Tutor, Chairman and CEO, and Gary Smalley, Executive Vice President and CFO. The Company plans to issue its earnings announcement the same day after market close. To participate in the...

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. The Building 1 Renovation task order is a design-build project that includes renovation of three...

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. The Company will continue to adhere to its policy not to comment on market rumors or make...

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...

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...

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. Speakers on the call from Tutor Perini will be Ronald Tutor, Chairman and CEO, and Gary Smalley, Executive Vice President and CFO. The Company plans to issue its earnings announcement the same day after market close. To participate in the...

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...

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...

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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. The Motor Transport Division Facility Repairs design-build task order, valued at approximately $44.5...

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...

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...

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. Revenue for the fourth quarter and full year of 2019 was $1.2 billion and $4.5 billion,...

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. The first task order, valued at approximately $12.3 million, is for a project to construct a 34-meter...