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

Who is Perini Corporation?

Perini Corporation is one of the leading construction companies in the world, with an operating history of more than 111 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. 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 another focus of the company, which is know for executing large and complex civil construction projects.  
 

What services does Perini provide?

As a general contractor, Perini is responsible for planning and scheduling the manpower, equipment, materials and subcontractors required for the timely completion of a construction project. In addition, Perini self-performs many key construction tasks, such as concrete and excavation. In addition to the general contracting method, Perini offers these services under construction management or design-build contracting arrangements.
 

How is Perini organized?

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

Perini's building construction segment specializes in the construction of hotels and casinos; residential developments; corporate campuses; health care, education and corrections facilities; and sports, entertainment and retail venues. Three companies - Perini Building Company, Inc., James A Cummings, Inc. and Rudolph and Sletten, Inc. - have earned reputations as partners of choice in these markets, through its record of timely completion of challenging projects on budget.

Perini is a leading civil infrastructure contractor in the Northeastern U.S., Mid-Atlantic States and Florida, conmducting its operations as Perini Civil Construction and Cherry Hill Construction. Perini is a key player in the repair, renovation and rehabilitation of highways, bridges, water treatment facilities and tunnels. Perini Civil's senior management team and field personnel bring an unmatched depth of experience in executing complex civil construction assignments.

Perini Management Services Inc. performs specialized, rapid-response construction assignments for the U.S. government and multi-national corporations at home and abroad. Recent projects include State Department security upgrade projects at select overseas locations.
 

When was Perini founded?

The company was incorporated in 1918 as a successor to businesses that had been engaged in providing construction services since 1894. Perini's common shares are traded on the New York Stock Exchange under the ticker "PCR."
 

Who are Perini's clients?

Perini's clients include some of the most visionary developers and demanding public agencies in the world.

Developers of hotels, casinos and entertainment venues throughout the U.S. recognize Perini as the "go-to" contractor.  No where is this more evident than in Las Vegas where Perini's exceptional performance on fast-track projects of immense proportions have set the Company above all others.  The elegant Paris Casino Resort, the Egyptian-themed Luxor Hotel and Casino, the youthful Hard Rock Café Hotel and Casino, and the rustic Mohegan Sun Expansion are all examples of how Perini has met (and is meeting) the specific challenges of building themed entertainment venues. 

When the Commonwealth of Massachusetts decided the best way to increase traffic flow through Boston was to build an eight-lane highway beneath the city, Perini was among the top-tier construction companies selected for the job.  Boston's "Big Dig" project is the largest civil infrastructure undertaking in the U.S.

When U.S. embassies and consulates overseas needed security upgrades to protect themselves against terrorist attacks, the U.S. State Department turned to Perini Management Services Inc..  Much of PMSI's work requires top-secret clearance from the U.S. government.
 

How big is the marketplace for Perini Corporation's services?

Demand for Perini's expertise continues to grow. Perini is one of the most versatile and successful contractors in the U.S., consistently reporting revenues in excess of $1 billion with a current construction backlog of approximately $7.9 billion, up 586% from previous year end . The company believes that several underlying trends, including the aging of urban infrastructure and continued investment in hospitality, gaming and residential projects at which Perini excels, will create exciting new opportunities in the future.
 

What is Perini's strategy?

The company's current strategy is to concentrate on profitable execution of existing contracts in gaming and hospitality market as well as 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, 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 Metropolitan New York and Blatimore/Washingtron D.C. where it has a strong regional presence.
 

Where is Perini located?

Perini Corporation has several locations throughout the U.S.  Its headquarters is in Framingham, Mass., near Boston.

Perini Corporation
73 Mount Wayte Avenue
Framingham, MA  01701
508-628-2000

Click here for a complete listing of Perini locations.

How many people work for Perini?

At any given time, as many as 10,000 skilled craftsmen may be supervised by 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 Perini's fiscal year end?

Perini's fiscal year ends each December 31st.
 

Who is Perini's transfer agent?

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:

Bob Band
Chief Operating Officer
Perini Corporation
73 Mount Wayte Avenue
Framingham, MA  01701
508-628-2000

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