Tutor-Saliba Corporation

Tutor-Saliba Corporation

Type	Private
Industry	Construction, Civil engineering
Founded	1949
Headquarters	Sylmar, California
Website	http://www.tutorsaliba.com/

The Tutor-Saliba Corporation is a building contractor and heavy civil works construction company. In 2008, it was ranked the 37th largest general contractor in the United States by Engineering News-Record.

Portfolio

Tutor Saliba Corporation was involved in the following construction projects:

Featured Building Division:

• Wynn Encore at Wynn Las Vegas -- $1.3 billion
• San Francisco International Airport Reconstruction -- $1.1 billion
• Planet Hollywood Towers -- $1 billion
• UCLA Westwood Replacement Hospital -- $600 million
• Jamaica Station -- $375 million
• Los Angeles Police Administration Building -- $234 million
• UCLA Santa Monica Replacement Hospital -- $190 million

Featured Heavy Civil Works Division:

• Alameda Corridor Mid-Corridor Design-Build -- $783 million
• Richmond/San Rafael Bridge Retrofit -- $762 million
• BART Extension to San Francisco International Airport -- $710 million
• Los Angeles International Airport Runway and Taxiway Improvements -- $241 million
• I-80 San Francisco Bay Bridge West Approach -- $228 million

Additional Projects:

• Pier A West/Area 2 Interim/Source Removal Action
• Tappan Zee Bridge Deck Replacement
• San Diego Convention Center
• Oakland-Alameda County Coliseum Expansion
• Hyperion Wastewater Treatment Plant
• Bradley International Terminal
• Los Angeles Metro Rail
• Los Angeles Memorial Coliseum Rehabilitation
• Oakland-Alameda Sports Arena
• Los Angeles Central Library
• Moscone Convention Center Expansion
• MUNI Metro Turnback Facility
• Seven Oaks Dam Outlet Works/Division Tunnel

Miramax purchase and formation of Filmyard Holdings

On December 3, 2010, Tutor-Saliba Corporation entered into the film business when Disney closed the sale of Miramax to Filmyard Holdings, which is an investment group they became a part of along with Qatar Investment Authority, Colony Capital and The Weinstein Company. Investors put in $200 million in capital while raising $400 million in liabilities through a Barclays led group of banks. Mike Lang, former business development executive at News Corporation, was selected as the CEO of Miramax, and the sale, estimated around US$663 million, includes 700 film titles, as well as 90 book rights, 300 development projects and the "Miramax" name. Additional, Miramax came with $50 million in cash, $10 million in adjusted fees and a few finished films ready to distribute. Two, Don't Be Afraid of the Dark and The Debt, were released in 2011. Filmyard is currently content with generating revenue off Miramax's film library.