Headquarters: 73 Mount Wyle Ave.
Framingham, MA 01701
CEO: Ronald Tutor
Stock Symbol: PCR
Perini Corporation is one of the leading construction companies in the world. Perini provides 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 known for executing large and complex civil construction projects.
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. Four companies - Perini Building Company, Inc., James A Cummings, Inc., Rudolph and Sletten, Inc. and Keating Building Corporation - 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.
Some of the projects the company has built include the following Las Vegas casinos: Paris Casino Resort, the Egyptian-themed Luxor Hotel and Casino, and the Hard Rock Hotel and Casino. Perini is also working on the City Center project in Vegas set to be completed at the end of 2009.
Perini also helped build Boston's "Big Dig" project, 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 State Dept. turned to Perini for this work which required top-secret clearance.
The company was incorporated in 1918 as a successor to businesses that had been engaged in providing construction services since 1894.
Perini acquired Tutor-Saliba Corporation in 2008 in a deal worth nearly $900 million. Tutor-Saliba's major ongoing and completed building projects include the Las Vegas Wynn Encore Hotel ($1.3 billion); the San Francisco International Airport reconstruction ($1.1 billion); the UCLA Westwood Hospital ($537 million); Planet Hollywood Towers in Las Vegas ($490 million) and the Los Angeles Police Headquarters building ($234 million).
Perini acquired Keating Building Corporation, a privately held construction, construction management and design/build company in 2009 for $43 million.
* Medical and Dental Plan
* Passbook Spending Accounts (Medical and Dependent Care)
* Life & Accident Insurance
* Disability Coverage
* Educational Assistance
* Employee Assistance Program
* Vacation and Holidays