Tutor Perini Corporation is one of the largest general contractors in the United States. At the end of 2011 it reported an annual revenue of approximately $3.7 billion. Tutor Perini is headquartered in Sylmar, California and works on many construction projects throughout the United States and Canada. Specific areas of focus are civil infrastructure, healthcare, power, and hospitality & gaming projects. Perini was founded in 1894 by an Italian-American stonemason named Bonfiglio Perini. Under the direction of Bonfiglio's grandson, Lou Perini, the company moved into the real-estate... business, developing 4,500 acres in Palm Beach County, Florida. Later real-estate ventures were less successful, leaving the company deeply in debt by the mid-1990s. In 1997, Perini recapitalized, passing control to a California-based investor group led by Los Angeles-based construction executive Ron Tutor and investor Richard Blum. Perini was listed on the NYSE on April 1, 2004. Later that year it acquired Cherry Hill Construction, a contractor in Maryland, and in 2003 it acquired Florida-based James A.
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