Shares of Tutor Perini Corporation (NYSE: TPC) surged over 9% in pre-market trading on Tuesday, following the company's announcement that it has been identified as the apparent selected proposer for a multi-billion dollar project to build a new jail facility in Manhattan, New York City.
Tutor Perini, a leading civil, building, and specialty construction company, revealed that it has formed a joint venture with O&G Industries to design and construct the new Manhattan jail facility. This project is part of New York City's plan to replace the aging Rikers Island jail complex with four new borough-based jails.
The new state-of-the-art jail facility in Manhattan will have 886 beds and provide dedicated space for various services, recreation, food services, staff facilities, and underground parking. It will also include 20,000 square feet of community and commercial space on the ground floor.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。