Who is Tutor Perini Corporation?
What services does Tutor Perini provide?
How is Tutor Perini organized?
When was Tutor Perini founded?
Who are Tutor Perini's clients?
How big is the marketplace for Tutor Perini Corporation's services?
What is Tutor Perini's strategy?
Where is Tutor Perini located?
How many people work for Tutor Perini?
When does Tutor Perini's fiscal year end?
Who is Tutor Perini's transfer agent?
Who do I contact for further investor information?

Who is Tutor Perini Corporation?

On May 28, 2009, shareholders of Perini Corporation voted to change the Company's name to Tutor Perini Corporation (NYSE: TPC), formally recognizing the organization created when Perini merged with Tutor-Saliba Corporation of Sylmar, California. Tutor Perini Corporation is one of the leading construction companies in the world, with a continuous operating history of more than 115 years, and combined experience of 165 years.

We provide general contracting, including building and civil construction, and construction management and design-build services to private clients and public agencies in the U.S. and selected overseas locations. Tutor Perini has an unmatched reputation in many niche markets, including the hospitality and gaming industry, corrections, health care, sports, entertainment and education. Civil infrastructure continues to be a principle focus of the Company, which is know for executing large and complex civil construction projects.  
 

What services does Tutor Perini provide?

As a general contractor, Tutor Perini is responsible for planning and scheduling the manpower, equipment, materials and subcontractors required for the timely completion of a construction project. In addition, Tutor Perini self-performs many key construction tasks, such as site work, concrete forming and placement, steel erection, electrical and mechanical, plumbing and HVAC. In addition to the general contracting method, Tutor Perini offers these services under construction management or design-build contracting arrangements.
 

How is Tutor Perini organized?

The company has three operating business groups: Building, Civil and Management Services.

We offer general contracting, pre-construction planning and comprehensive project management services, including the planning and scheduling of the manpower, equipment, materials and subcontractors required for a project. We also offer self-performed construction services including site work, concrete forming and placement, steel erection, electrical and mechanical, plumbing and HVAC. Our headquarters are in Sylmar, California, and we have nineteen other principal office locations throughout the United States and certain U.S. territories. Our common stock is listed on the New York Stock Exchange under the symbol "TPC".

Our business is conducted through three Groups: Building, Civil, and Management Services. Our Building Group, comprised of Perini Building Company, the building operations of Tutor-Saliba Corporation, James A. Cummings, Inc., Rudolph and Sletten, Inc., and Keating Building Corporation focuses on large, complex projects in the hospitality and gaming, healthcare, municipal offices, sports and entertainment, education, transportation, corrections, biotech, pharmaceutical and high-tech markets, and electrical and mechanical, plumbing and HVAC services as a subcontractor to the Company and other general contractors.

Our Civil Group is comprised of Perini Civil Construction, the civil operations of Tutor-Saliba and Cherry Hill Construction, Inc., and focuses on public works construction primarily in the western, northeastern and mid-Atlantic United States, including the repair, replacement and reconstruction of the public infrastructure such as highways, bridges, mass transit systems and wastewater treatment facilities.

Our Management Services Group, including the recently merged Tutor-Saliba operation in Guam, provides diversified construction and design-build services to the U.S. military and government agencies as well as surety companies and multi-national corporations in the United States and overseas.
 

When was Tutor Perini founded?

In 1894, Bonfiglio Perini understood that joint ventures were a good way to grow his small civil works company, recognizing that two competing companies could be stronger together than apart. Through the years, the Company built long-standing relationships with contractors whose talents complemented its own. Since 1977, Tutor-Saliba Corporation (founded as A. G. Tutor Company in 1949) has been one of those valued joint venture partners, completing over 35 projects with Perini, with an aggregate value of $3 billion. In May 2009, 115 years since its founding, Perini Corporation joined forces - and resources - with Tutor-Saliba, to form Tutor Perini Corporation, creating one of the most versatile publicly held construction organizations in the U.S. and performing work throughout the world.

Tutor Perini's common shares are traded on the New York Stock Exchange under the ticker "TPC."
 

Who are Tutor Perini's clients?

Tutor Perini's clients include some of the most visionary developers and demanding public agencies in the world. During 2008, we performed work on approximately 225 construction projects for over 130 federal, state and local government agencies or authorities and private customers. We work closely with the U.S. military, U.S. Department of State, and state departments of transportation.

Tutor Perini Building Group has a solid portfolio of both public and privately funded developments, representing some of the nation's largest and most complicated building projects and demanding owners. Nearly all of these projects were constructed in urban environments, on extremely tight sites, and with some of the most sophisticated and complex systems and equipment.
 

How big is the marketplace for the services of Tutor Perini Corporation?

Demand for Tutor Perini's expertise continues to grow. Tutor Perini is one of the most versatile and successful contractors in the U.S., with consistently strong earnings and backlog. The company believes that several underlying trends, including the aging of urban infrastructure and continued investment in hospitality, gaming and residential projects at which Tutor Perini excels, will create exciting new opportunities in the future.
 

What is Tutor Perini's strategy?

On September 8, 2008, Perini Corporation completed a merger with Tutor-Saliba Corporation. The merger capped 11 years of sustained growth with Chairman Ronald N. Tutor as Perini's Chief Executive Officer. The merger provided the two companies with enhanced opportunities for growth through increased size, scale and management capabilities; complementary assets and expertise that supports our vertical integration strategy; immediate access to multiple geographic regions; and increased bonding capacity.

The company's current strategy is to concentrate on the profitable execution of existing backlog as well as to focus resources on the civil construction market with the goal of continuing to improve profit margins.

In building construction, the company plans to continue to seek opportunities in market niches where it has strong expertise, and to expand into new markets that are compatible with its expertise. In addition, Tutor Perini continues to pursue relationships such as design-build and alternative delivery that provide added value to its public and private sector clients. The company believes that the best opportunities for growth for its civil construction business are in complex urban infrastructure projects, particularly in California, metropolitan New York, northern New Jersey, and Baltimore/Washington D.C. where it has a strong regional presence.
 

Where is Tutor Perini located?

Tutor Perini Corporation has several locations throughout the U.S. Its headquarters is in Sylmar, California.

Tutor Perini Corporation
15901 Olden Street
Sylmar, CA 91342
818-362-8391

Click here for a complete listing of Tutor Perini locations.

How many people work for Tutor Perini?

At any given time, as many as 12,000 skilled craftsmen may be supervised by Tutor Perini project management teams on projects throughout the world. Because of our position in the industry, when a large, sophisticated project requires additional manpower, we know where to find the people best suited to the complexity and rigors of the assignment.
 

When does Tutor Perini's fiscal year end?

Tutor Perini's fiscal year ends each December 31st.
 

Who is Tutor Perini's transfer agent?

Tutor Perini's transfer agent and registrar is EquiServe. For questions regarding transfer procedures, proxies and other stock account matters, you may contact them at the Boston EquiServe Division, 150 Royall Street, Canton, MA 02021, (781) 575 2000.

Who do I contact for further investor information?

For investor information please contact the following individuals:

Kenneth R. Burk, Executive Vice President
Chief Financial Officer
Tutor Perini Corporation
15901 Olden Street
Sylmar, CA 91342
Office: 818-362-8391

Douglas Kiker
Kekst and Company, Inc.
437 Madison Avenue
New York, NY 10022
Office: 212-521-4855
Cell: 917-574-8609
Fax: 212-521-4900
douglas-kiker@kekst.com