Tutor Perini Corporation

https://www.tutorperini.com

Tutor Perini Corporation is a prominent civil, building, and specialty construction company that provides diversified general contracting, construction management, and design-build services to both private and public clients globally. Headquartered in Sylmar, California, the company's mission is to be a leading full-service contractor by delivering innovative and transformative projects through world-class execution. This commitment includes creating lasting value for customers, upholding high standards of safety and integrity, generating strong financial results, and fostering a thriving employee culture.

The company operates through three primary segments: Civil, Building, and Specialty Contractors. The Civil segment focuses on public works construction, encompassing highways, bridges, tunnels, mass transit systems, airports, marine work, and water/wastewater infrastructure. The Building segment undertakes large and complex projects in sectors such as hospitality, gaming, healthcare, education, government, and high-technology. The Specialty Contractors segment provides essential services including electrical, mechanical, plumbing, HVAC, and fire protection systems. Tutor Perini also offers comprehensive general contracting, pre-construction planning, project management, and design-build services, often self-performing key construction tasks.

Gary Smalley serves as the Chief Executive Officer and President, having been appointed CEO in January 2025 and President in November 2023, while Ronald N. Tutor holds the position of Executive Chairman. In recent financial news, Tutor Perini completed the redemption of $400 million of its 11.875% Senior Notes due 2029 and issued $400 million of 6.625% Senior Notes due 2033, a move aimed at extending debt maturities and reducing future interest expenses. The company also amended its credit agreement, increasing revolving credit facility commitments to $350 million and extending its maturity to July 2, 2031. Recent project awards include a $651.8 million task order for electrical infrastructure at Naval Base Guam and a $114 million contract for the Jones Hall Project at the University of Mississippi. Tutor Perini maintains its position as one of the largest general contractors in the U.S., known for its ability to execute large and complex projects, and entered 2024 with a record $20 billion order backlog.

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