Your source for construction industry news in the Carolinas
Fluor Corporation (NYSE: FLR) announced today that David E. Constable, a member of the Fluor Board of Directors, has been appointed chief executive officer (CEO), effective January 1, 2021. Constable succeeds Carlos Hernandez, who will retire as CEO and a member of the company’s Board at the end of the year. David E. Constable Appointed Chief…
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…
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 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 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 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…
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 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 (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 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…
