Latest news with #Guam-based
Yahoo
3 days ago
- Business
- Yahoo
Leonard Kaae Promoted to President of Black Construction Corporation
LOS ANGELES, June 17, 2025--(BUSINESS WIRE)--Tutor Perini Corporation (NYSE: TPC) (the "Company"), a leading civil, building and specialty construction company, announced today that Leonard Kaae has been recently promoted to President of Black Construction Corporation ("Black Construction"), the Company's Guam-based subsidiary. Mr. Kaae has worked for Black Construction for more than 40 years, most recently leading the firm's operations and its approximately 2,000 employees as Senior Vice President and General Manager. Under Mr. Kaae's leadership, Black Construction has grown to be the largest general contractor in Guam and the second-largest employer on the island (behind the U.S. federal government). Black Construction has consistently been one of Tutor Perini's most successful and profitable business units, with a record backlog and a large pipeline of bidding opportunities that are expected to increase over the next decade as the U.S. government prioritizes funding for the Pacific Deterrence Initiative and other strategic infrastructure investments in Guam and throughout the Indo-Pacific region. "Leonard exemplifies the type of high caliber leader that Tutor Perini is very fortunate to have leading our Indo-Pacific operations. He is a consummate professional and vital to the continued growth of our business in the region and globally," said Gary Smalley, CEO and President of Tutor Perini. "We congratulate Leonard on his well-deserved promotion." About Tutor Perini Corporation Tutor Perini Corporation is a leading civil, building and specialty construction company offering diversified general contracting and design-build services to private customers and public agencies throughout the world. We have provided construction services since 1894 and have established a strong reputation within our markets by executing large, complex projects on time and within budget while adhering to strict safety and quality control measures. We offer general contracting, pre-construction planning and comprehensive project management services, and have strong expertise in delivering design-bid-build, design-build, construction management, and public-private partnership (P3) projects. We often self-perform multiple project components, including earthwork, excavation, concrete forming and placement, steel erection, electrical, mechanical, plumbing, heating, ventilation and air conditioning (HVAC), and fire protection. View source version on Contacts Tutor Perini CorporationJorge Casado, 818-362-8391Senior Vice President, Investor Relations and Corporate Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
3 days ago
- Business
- Business Wire
Leonard Kaae Promoted to President of Black Construction Corporation
LOS ANGELES--(BUSINESS WIRE)--Tutor Perini Corporation (NYSE: TPC) (the 'Company'), a leading civil, building and specialty construction company, announced today that Leonard Kaae has been recently promoted to President of Black Construction Corporation ('Black Construction'), the Company's Guam-based subsidiary. Mr. Kaae has worked for Black Construction for more than 40 years, most recently leading the firm's operations and its approximately 2,000 employees as Senior Vice President and General Manager. Under Mr. Kaae's leadership, Black Construction has grown to be the largest general contractor in Guam and the second-largest employer on the island (behind the U.S. federal government). Black Construction has consistently been one of Tutor Perini's most successful and profitable business units, with a record backlog and a large pipeline of bidding opportunities that are expected to increase over the next decade as the U.S. government prioritizes funding for the Pacific Deterrence Initiative and other strategic infrastructure investments in Guam and throughout the Indo-Pacific region. 'Leonard exemplifies the type of high caliber leader that Tutor Perini is very fortunate to have leading our Indo-Pacific operations. He is a consummate professional and vital to the continued growth of our business in the region and globally,' said Gary Smalley, CEO and President of Tutor Perini. 'We congratulate Leonard on his well-deserved promotion.' About Tutor Perini Corporation Tutor Perini Corporation is a leading civil, building and specialty construction company offering diversified general contracting and design-build services to private customers and public agencies throughout the world. We have provided construction services since 1894 and have established a strong reputation within our markets by executing large, complex projects on time and within budget while adhering to strict safety and quality control measures. We offer general contracting, pre-construction planning and comprehensive project management services, and have strong expertise in delivering design-bid-build, design-build, construction management, and public-private partnership (P3) projects. We often self-perform multiple project components, including earthwork, excavation, concrete forming and placement, steel erection, electrical, mechanical, plumbing, heating, ventilation and air conditioning (HVAC), and fire protection.
Kyodo News
05-05-2025
- Politics
- Kyodo News
U.S. Marines from Okinawa to start moving to Guam barracks in June
KYODO NEWS - Apr 24, 2025 - 20:34 | World, All, Japan U.S. Marine Corps troops, who began relocating from Japan's Okinawa to Guam late last year, will begin occupying barracks at Camp Blaz in June, a spokesperson for the Guam-based facility said, as construction of the facilities continues. The remark comes amid the ongoing relocation of 100 logistics personnel to Guam this year, marking the first group among more than 4,000 U.S. Marines set to be transferred from Japan's southern island prefecture of Okinawa. The move is part of efforts to ease the base-hosting burden on local communities in Okinawa. Maj. Diann Rosenfeld told Kyodo News on Wednesday that junior enlisted Marines have arrived from Okinawa and are currently housed at other military facilities on the U.S. island territory, without specifying the number. "We're on track to be able to receive the Marines, to have the buildings for the Marines to start moving into and start working," Rosenfeld said, referring to the barracks, which will accommodate up to 5,000 personnel once completed. Aside from the barracks, Rosenfeld said other facilities, such as a fire station, will open soon, while the headquarters building is expected to be fully operational by fall. The relocation is based on the U.S.-Japan Roadmap for Realignment Implementation, an agreement reached by the two countries in 2006. The cost of the transfer is estimated at $8.7 billion, of which up to $2.8 billion will be covered by the Japanese government. Currently, some 18,000 Marine Corps are stationed in Okinawa. Related coverage: Top court nixes Okinawa Pref.'s last appeal over U.S. base landfill Work begins to reinforce soft soil in Okinawa U.S. base transfer U.S. Marines in Okinawa start moving to Guam, over 10 yrs after accord
Kyodo News
25-04-2025
- Business
- Kyodo News
Kyodo News Digest: April 25, 2025
KYODO NEWS - 20 minutes ago - 08:59 | All, Japan, World The following is the latest list of selected news summaries by Kyodo News. ---------- Japan, U.S. finance chiefs discuss currency as part of tariff talks WASHINGTON - The finance chiefs of Japan and the United States held a meeting Thursday in which they discussed currency policy as the two countries seek some common ground over U.S. President Donald Trump's sweeping tariffs. Shortly after his discussion with U.S. Treasury Secretary Scott Bessent in Washington, Japanese Finance Minister Katsunobu Kato said both sides agreed that foreign exchange rates should be decided by market players and that volatile currency moves can cause harm to the economy. ---------- Japan unveils emergency economic steps to curb impact of U.S. tariffs TOKYO - Japan's government on Friday unveiled a package of emergency economic measures to counter the adverse effects of U.S. President Donald Trump's higher tariffs, ahead of a second round of bilateral trade negotiations expected next week. The relief package consists of five pillars, including support for corporate financing and steps to stimulate consumption, in a bid to alleviate concern that the U.S. levies could weigh on Japan's exports, potentially taking a heavy toll on the broader economy. ---------- Nissan to post biggest ever loss in fiscal 2024 amid restructuring TOKYO - Nissan Motor Co. said Thursday it estimates a net loss of 700 billion yen ($4.9 billion) to 750 billion yen for the year ended March due to restructuring costs, far wider than its earlier forecast of an 80-billion-yen loss. It would be the automaker's biggest-ever annual net loss, exceeding 684.4 billion yen it posted in the year to March 2000. ---------- U.S. Marines from Okinawa to start moving to Guam barracks in June GUAM - U.S. Marine Corps troops, who began relocating from Japan's Okinawa to Guam late last year, will begin occupying barracks at Camp Blaz in June, a spokesperson for the Guam-based facility said, as construction of the facilities continues. The remark comes amid the ongoing relocation of 100 logistics personnel to Guam this year, marking the first group among more than 4,000 U.S. Marines set to be transferred from Japan's southern island prefecture of Okinawa. The move is part of efforts to ease the base-hosting burden on local communities in Okinawa. ---------- Up to 200 people affected by Uzbek pavilion data leak at Osaka Expo OSAKA - Personal information of up to 200 visitors who made reservations to see the Uzbekistan Pavilion at the 2025 World Exposition in Osaka was compromised due to a malfunction in the pavilion's independent booking system, the pavilion said Thursday. According to the pavilion, some emails sent to those who made reservations mistakenly included QR codes belonging to other individuals. Scanning these codes allowed recipients to view the names and email addresses of others. ---------- BYD to introduce mini EV model designed for Japan in 2026 TOKYO - The Japanese unit of Chinese electric vehicle giant BYD Co. said Thursday it will introduce a mini electric vehicle model specifically designed for the Japanese market in the latter half of 2026, as it aims to boost sales with the new compact car. Details such as the driving distance on a single charge and the price of the new EV model have yet to be disclosed, but the EV maker is considering the price at around 2.5 million yen ($17,500), according to a source familiar with the matter. ---------- Japan, Luxembourg agree to deepen aerospace, financial cooperation TOKYO - Prime Minister Shigeru Ishiba and visiting Luxembourg Prime Minister Luc Frieden agreed Thursday to expand bilateral cooperation, especially in the aerospace and financial sectors. During a meeting at the prime minister's office, Ishiba and Frieden also discussed the state of the global economy, given the impact of higher U.S. tariffs, the Japanese government said. ---------- Rugby: League One considers paternity leave policy for players TOKYO - Japan Rugby League One is considering modifying its leave policy to make it easier for players to take time off for the birth of a child, a source familiar with the discussion said Thursday. As with national team matches, team lineups for League One games are registered 48 hours before kickoff, with subsequent changes allowed only for "unavoidable circumstances, such as injury or sudden illness," and subject to approval by officials. Video: Divers take carp streamers swimming in sea in Wakayama
Japan Today
24-04-2025
- Business
- Japan Today
U.S. Marines from Okinawa to start moving to Guam barracks in June
U.S. Marine Corps troops, who began relocating from Japan's Okinawa to Guam late last year, will begin occupying barracks at Camp Blaz in June, a spokesperson for the Guam-based facility said, as construction of the facilities continues. The remark comes amid the ongoing relocation of 100 logistics personnel to Guam this year, marking the first group among more than 4,000 U.S. Marines set to be transferred from Japan's southern island prefecture of Okinawa. The move is part of efforts to ease the base-hosting burden on local communities in Okinawa. Maj. Diann Rosenfeld told Kyodo News on Wednesday that junior enlisted Marines have arrived from Okinawa and are currently housed at other military facilities on the U.S. island territory, without specifying the number. "We're on track to be able to receive the Marines, to have the buildings for the Marines to start moving into and start working," Rosenfeld said, referring to the barracks, which will accommodate up to 5,000 personnel once completed. Aside from the barracks, Rosenfeld said other facilities, such as a fire station, will open soon, while the headquarters building is expected to be fully operational by fall. The relocation is based on the U.S.-Japan Roadmap for Realignment Implementation, an agreement reached by the two countries in 2006. The cost of the transfer is estimated at $8.7 billion, of which up to $2.8 billion will be covered by the Japanese government. Currently, some 18,000 Marine Corps are stationed in Okinawa. © KYODO
