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TPC Stock - Tutor Perini Corp.


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Tutor Perini Corporation, based in Sylmar, California, operates as a leading construction firm offering a wide array of general contracting, construction management, and design-build services to a global clientele comprising both private sector clients and public agencies. The company's operations are organized into three distinct segments: Civil, Building, and Specialty Contractors, each specializing in diverse facets of the construction industry.

The Civil segment focuses on large-scale public works projects, encompassing infrastructure replacement, reconstruction, and maintenance. This includes the construction and rehabilitation of highways, bridges, tunnels, mass-transit systems, military installations, and water management facilities. Additionally, the segment provides critical drilling, foundation, and excavation support services essential for infrastructure projects.

In the Building segment, Tutor Perini specializes in specialized construction markets such as hospitality, transportation, healthcare, commercial offices, government facilities, sports complexes, educational institutions, and biotech and pharmaceutical facilities. The segment's expertise extends to delivering high-quality construction solutions tailored to the unique needs of each market, ensuring precision and efficiency.

The Specialty Contractors segment offers comprehensive mechanical, electrical, plumbing, fire protection, and HVAC systems for a diverse range of industries including industrial, commercial, hospitality, gaming, and mass-transit sectors. Beyond installation services, the segment provides general contracting, pre-construction planning, and project management services, ensuring seamless execution and quality assurance across all phases of construction. Founded in 1894 and originally known as Perini Corporation, the company rebranded as Tutor Perini Corporation in 2009, reflecting its commitment to innovation and leadership in the construction industry. Tutor Perini continues to drive excellence in construction through its enduring legacy of craftsmanship, operational expertise, and dedication to client satisfaction.

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Stock Sector: Construction: Heavy Construction

 

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