Perini Produced Wealth, Despite $40-million Charge
The books are closing on 2005 and it was a very good year for some of the biggest engineering and construction companies in the U.S. Kiewit, Fluor, Emcor Group and other companies reported robust sales or solid profits or fattening backlogs or a combination of all three.
But the wealth production by Framingham, Mass.-based Perini Corp. (NYSE-PCR) may be the most intriguing.