San Diego Business Journal

T.B. Penick Gets $120M in Hurricane-Related Projects

Thursday, March 21, 2013

San Diego-based general contractor T.B. Penick & Sons Inc. has been awarded two projects, valued at approximately $120 million, related to refurbishing of New York City beach areas ravaged by last fall’s Hurricane Sandy.

A statement said the contractor and its affiliated sister company, Triton Structural in New York, were awarded a $106 million contract to rebuild comfort stations, lifeguard towers and other amenities. The contract was awarded by the New York City Department of Design and Construction.

Triton Structural also secured a contract to repair the Coney Island Pier. The statement said several staffers from T.B. Penick’s Rancho Bernardo office are being deployed to New York to assist the Triton team in meeting project timelines.

The affected beaches, including Coney Island, Rockaway Beach and Staten Island, are scheduled to reopen by Memorial Day. The federal government has allocated $50 billion for Hurricane Sandy-related projects throughout storm-damaged East Coast areas.

— SDBJ Staff Report