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Fluor

Fluor Selected by U.S. Department of Energy for Position on Nationwide Indefinite Delivery/Indefinite Quantity Contract

by Fluor on

 Fluor Corporation (NYSE: FLR) announced today that the U.S. Department of Energy (DOE) Office of Environmental Management selected the company for a position on the multiple award Indefinite Delivery/Indefinite Quantity (IDIQ) contract to provide nationwide Deactivation, Decommissioning and Removal (DD&R) of facilities, waste management and program support. As one of nine companies selected, Fluor is eligible…

Stork to Sell Equipment Rental Business EQIN

by Fluor on

 Fluor Corporation (NYSE: FLR) announced today that Stork, part of Fluor’s Diversified Services segment, has come to an agreement with VE Partners to sell EQIN, Stork’s professional equipment rental business in Europe. This intended divesture is pending final approval by the Dutch Authority for Consumers and Markets (ACM). This transaction is in line with Fluor’s earlier…

Fluor Expected to Remain in Greenville

by GroundBreak Carolinas News Editor on

Fluor Corporation (NYSE: FLR) recently announced significant changes as the result of its strategic review and operational review. The sale of assets, reductions in staff and closing of offices has led to much speculation about the future of Fluor’s 2,000 plus employees in Greenville, SC. While the company may sell its campus, Fluor plans to…

Fluor Announces Results of Strategic Review

by Fluor via Business Wire on

Fluor Corporation (NYSE: FLR) announced today the results of its strategic review and operational review. As a result of the strategic review, the company concluded that the divestitures of select businesses will simultaneously improve the financial stability of the company and allow the remaining businesses to refocus on engineering, construction and maintenance services in core…

Fluor’s Chemical Expansion Project for Milliken is Underway in South Carolina

by Fluor on

Fluor Corporation (NYSE: FLR) announced that its engineering, procurement and construction project for Milliken & Company’s chemical plant expansion at its Allen Plant site in Blacksburg, South Carolina is underway. “We are delighted to be a partner with Milliken, a client with whom we have a unique and long-term legacy beginning with Charlie Daniel and Roger…

Connecting Industry to Education in the Carolinas

by Rachel Burris, Communications Manager, NCCER on

With the shortage of skilled craft professionals within the construction industry estimated to be at 1.5 million by 2021, it’s no secret that recruitment needs to be a priority. It takes time to educate, train and gain competency and industry can’t postpone recruiting fresh talent, particularly with 41 percent of the experienced workforce set to…

Fluor Completes Major Transmission Lines in Puerto Rico

by Fluor on

Fluor Corporation (NYSE:FLR) confirmed today that the company, working under its contract with the U.S. Army Corps of Engineers (USACE) in support of a Federal Emergency Management Agency (FEMA) mission to help repair and restore the power grid in Puerto Rico, has completed work on two 115kv transmission lines between substations in Sabana Llana and…

Fluor Closing Charlotte Office

by GroundBreak Carolinas Staff on

Fluor (FLR) announced plans to close its Charlotte, NC office. Between 90 and 100 people will lose their jobs in the coming weeks. The engineering and construction giant will shut down the Piedmont Row Drive facility in South park on September 30. Fluor issued a WARN (Worker Adjustment and Retraining Notification Act) notice reporting that it would…

Fluor Reports First Quarter Results

by Groundbreak Carolinas News Editor on

Fluor Corporation (NYSE: FLR), which has significant operations in Greenville, SC, announced financial results for its first quarter ended March 31, 2017. Net earnings attributable to Fluor for the first quarter were $61 million, or $0.43 per diluted share, compared to $104 million, or $0.74 per diluted share a year ago. The primary reason for…

Fluor Reports Fourth Quarter and Full Year 2016 Results

by Fluor on

Fluor Corporation (NYSE: FLR) today announced financial results for its fiscal year ended December 31, 2016. Including adverse fourth quarter tax effects of $45 million, or $0.32 per diluted share, primarily as a result of new IRS regulations approved on December 7, 2016, earnings from continuing operations attributable to Fluor for full year 2016 were $281…