1998 Corporate News
Home     About Fluor     Investor Relations     1998 Corporate News
Recent News
Keyword Search
 
2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997
RSS RSS Feeds
12/22/98
Fluor Daniel And Marshall Contractors Announce Acquisition
GREENVILLE, S.C. and RUMFORD, R.I., November 13, 1996 — Fluor Daniel, Inc. and Marshall Contractors, Inc. announced today that Marshall has joined Fluor Daniel. Marshall will operate as a wholly owned Fluor Daniel subsidiary, and will continue to serve clients through its current management team and locations. Marshall brings a 33-year history of specialized construction services in microelectronics, pharmaceuticals, biotechnology, foods and related industries, with key clients... 
12/21/98
Fluor Daniel Awarded Contract By Shell Chemical Company
HOUSTON, TX., December 19, 1995 -- Fluor Daniel announced today it has been awarded a contract by Shell Chemical Company for the construction of a chemical facility in Norco, Louisiana. The value of the contract was not disclosed. Fluor Daniel's Metairie, Louisiana, office is providing construction management services for the expansion of an ethylene plant. When completed in late 1996, the facility will produce ethylene, a key petrochemical feedstock. Construction employment will p... 
12/21/98
Fluor Daniel Announces Partnership With Hitachi Ltd. Of Japan
IRVINE, Calif., October 5, 1995 -- Fluor Daniel announced today it has entered into a partnership with Hitachi Ltd. of Japan to provide engineering, construction and validation services for domestic and international pharmaceutical companies relocating to Japan and abroad. The Japanese pharmaceutical industry represents $35 billion in sales of the $250 billion market. Dan Stites, president of Fluor Daniel's Pharmaceutical Biotech operating company, said: "We are pleased to be w... 
12/21/98
Fluor Daniel Announces Joint Venture For Japanese Rail Project
IRVINE, Calif., September 27, 1995 -- Fluor Daniel announced today a joint venture agreement with Obayashi Corporation and three local contractors to design and construct the Kyoto Station Terminal Building for the Western Japan Passenger Railroad Co., Ltd. Fluor Daniel is providing construction management services for the $1.25 billion project. In addition to the terminal building, the project includes a 16-story, 545-room hotel and a 12-story department store with an enclosed par... 
12/21/98
Fluor Daniel And MSI Form Wireless Engineering Services Group
IRVINE, Calif., September 21, 1995 -- Fluor Daniel and Mobile Systems International (MSI) announced today they have formed a new company called Wireless Engineering Services Group, headquartered in Dallas, Texas. The company will be jointly owned by Fluor Daniel and MSI and will begin operations immediately. The new company will provide radio frequency and network engineering services for wireless common-carrier systems in North, South and Central America. "MSI's prov... 
12/18/98
Fluor Daniel Opens Office In Moscow
IRVINE, Calif., July 17, 1995 -- Fluor Daniel announced today it has established a permanent presence in the Former Soviet Union. Fluor Daniel Eurasia Inc., based in Moscow, will provide a full range of design, engineering, and construction services to both Russian and international clients. Paul Wiget, president of Fluor Daniel Eurasia Inc., said, "Together with our extensive global network and our strategically located offices in Central and Western Europe, this new addition ... 
12/16/98
American Equipment Company Acquires Full Interest in Mexico's Maquinaria Panamericana, S.A. de C.V.
GREENVILLE, S.C.--Dec. 16, 1998-- American Equipment Company (AMECO), the wholly owned equipment rental and sales subsidiary of Fluor Corp., Wednesday announced that it obtained full ownership of Maquinaria Panamericana, S.A. de C.V. (MAPSA) from Grupo ICA on Nov. 30, 1998. MAPSA will continue to operate under its current name. In June 1997, AMECO acquired a majority share -- 65 percent -- of MAPSA from Grupo ICA. The transaction cost was not material to Fluor. A leading provider... 
12/10/98
Fluor Corporation Appoints Senior Vice President of Human Resources
IRVINE, Calif.--Dec. 10, 1998-- Fluor Corp. (NYSE: FLR) Thursday announced that Frederick J. Grigsby, Jr., 51, has been elected by its board of directors to the position of senior vice president of Human Resources and Administration. He joined Fluor earlier this month and has a companywide focus on its Human Resources activities. "Fred brings a great deal of energy and proven leadership skills to the Human Resources organization," said Fluor's Chairman and Chief Executi... 
12/10/98
Fluor Daniel to Construct Argentinean Polyethylene Facility
IRVINE, Calif.--Dec. 10, 1998--Fluor Daniel (NYSE:FLR) and SADE Ingeniera y Construcciones S.A. Thursday announced that they have been awarded a contract by Polisur S.A., a joint venture of The Dow Chemical Co. (Dow) and Yacimientos Petroliferos Fiscales (YPF), to provide construction management and construction services for its polyethylene facility in Bahia Blanca, Argentina. Total installed cost of the facility is US$150 million; Fluor Daniel and SADE's contract value is US$49 millio... 
12/09/98
Fluor Corporation Board Declares Quarterly Dividend
IRVINE, Calif.--(BUSINESS WIRE)--Dec. 9, 1998--At its regular meeting Wednesday, Fluor Corp.'s (NYSE:FLR) board of directors declared a quarterly cash dividend of 20 cents per share on the company's common stock. The quarterly dividend rate will be payable on Jan. 12, 1999, to holders of record at the close of business on Dec. 22, 1998. Fluor is a global engineering, construction, maintenance and diversified services company, and a major producer of low-sulfur coal. CONTACT... 
11/19/98
Fluor Announces FY1998 Results
IRVINE, Calif.--Nov. 19, 1998--Fluor Corp. (NYSE:FLR) Thursday announced net earnings of $235.3 million, or $2.97 per share, for the fiscal year ended Oct. 31, compared with $146.2 million, or $1.75 per share, in 1997. Revenues for the year were $13.5 billion, compared with $14.3 billion last year. Approximately 15 cents of fiscal 1998 earnings per share were attributed to fewer shares outstanding as a result of the company's share repurchase program. Net earnings for the fourth ... 
11/18/98
AMECO Peru S.A.C. Awarded Equipment, Tool and Services Contract for Doe Run Peru
GREENVILLE, S.C.--Nov. 18, 1998--American Equipment Company (AMECO), the wholly owned equipment rental and sales subsidiary of Fluor Corp. (NYSE:FLR), Wednesday announced that its AMECO Peru S.A.C. division has been awarded a contract to provide equipment rentals and sales, equipment maintenance, small tools and supplies, and related site services to Doe Run Peru at its La Oroya metallurgical smelting complex. The site is located about 150 miles east of Lima in the Andes Mountains at ... 
11/11/98
AMECO Services Inc. Awarded Construction Equipment, Tools and Services Contract by NOVA Chemicals Ltd.
GREENVILLE, S.C., November 11, 1998 -- American Equipment Company (AMECO), the wholly owned equipment rental and sales subsidiary of Fluor Corporation (NYSE:FLR), announced today that it, through its AMECO Services Inc. subsidiary, was awarded a contract to supply construction equipment, equipment maintenance, small tools and supplies, and related site services to NOVA Chemicals Ltd. (NOVA) for its Joffre 2000 project expansion at its existing complex. The site is located... 
11/10/98
Duke/Fluor Daniel Chosen to Build Trinidad Power Plant
CHARLOTTE, N.C., November 10, 1998 -- Duke/Fluor Daniel International Services, a partnership between Duke Energy and Fluor Daniel, announced today that it has been awarded a contract by InnCOGEN Limited, the wholly owned Trinidadian subsidiary of York Research Corporation, to provide construction services for a 225-megawatt, natural gas fired power plant in the country of Trinidad and Tobago. The power plant will be designed to use three MS7111 (EA) gas turbines in simpl... 
11/10/98
Fluor Corp. Appoints Vice President of Corporate Relations
IRVINE, Calif.--(BUSINESS WIRE)--Nov. 10, 1998--Fluor Corp. (NYSE:FLR - news) Tuesday announced that George K. Palmer, 54, has joined the company as its vice president of Corporate Relations. He is responsible for providing leadership to the investor relations, media relations, community relations and internal communications activities of the company. Palmer has more than 30 years of experience in public affairs; investor, media and community relations; crisis communications and employ... 
10/28/98
Fluor Daniel To Sell Its GTI Environmental Business to The IT Group
IRVINE, Calif., October 28, 1998 -- Fluor Daniel, the principal subsidiary of Fluor Corporation (NYSE:FLR), and Fluor Daniel GTI (NASDAQ:FDGT) announced today that they have entered into an agreement with The IT Group (NYSE:ITX) that will result in the sale of Fluor Daniel GTI (FDGTI), its Massachusetts-based environmental company, to The IT Group (IT). Under terms of the agreement, IT will acquire all outstanding shares in FDGTI for $8.25 per share, in cash, including th... 
10/26/98
Fluor Daniel Wins $147 Million Contract to Design and Build 100-Percent Recycled Paperboard Mill
IRVINE, Calif., October 26, 1998 -- Fluor Daniel (NYSE:FLR) announced today that it has been selected by Republic Group Incorporated (NYSE:RGC) and its wholly-owned subsidiary, Republic Paperboard Company, to design and build a 100-percent recycled paperboard mill in Lawton, Oklahoma. Total costs, including working capital, are estimated to be $160 million to $170 million; Fluor Daniel's contract value is $147 million and was booked in its third quarter. "We are delig... 
10/22/98
Fluor Corporation Outlines Strategic Direction
IRVINE, Calif., October 22, 1998 -- Fluor Corporation (NYSE:FLR) Chairman and Chief Executive Officer Philip J. Carroll discussed today, at analyst meetings in New York City, the status of Fluor's business activities, global market conditions affecting the business outlook, and planned strategic actions focused on long-term success in creating shareholder value. Carroll confirmed that Fluor is on track to achieve its 1998 earnings target, as previously communicated to... 
10/15/98
Panda Energy Selects Duke/Fluor Daniel to Build One Gigawatt Power Plant in Texas
CHARLOTTE, N.C., October 15, 1998 -- Duke/Fluor Daniel announced today it has been awarded a turnkey contract by Panda Paris Power LP, a subsidiary of Panda Energy International, Inc., to provide engineering, procurement, construction and start-up services for a 1,000 megawatt, greenfield power plant located in Paris, Texas, which is northeast of Dallas. Duke/Fluor Daniel's contract value was not disclosed. "Power from the plant will be distributed through TU Electric and ... 
10/07/98
Fluor Discontinues Efforts to Transact American Equipment Company
IRVINE, Calif., October 7, 1998 -- Fluor Corporation (NYSE:FLR) today announced that it has discontinued efforts to transact American Equipment Company--its equipment sales, leasing and services subsidiary. The decision not to proceed resulted from a substantial alteration by the leading bidder in the terms and conditions of the transaction in response to perceived changes in external market circumstances. In March 1998, the company announced its intention to increase ... 
09/08/98
Solutia Selects Fluor Daniel as EPC Provider for Acrylonitrile Facility Expansion
IRVINE, Calif., September 8, 1998 -- Fluor Daniel (NYSE:FLR) announced today that it has been awarded an engineering, procurement and construction (EPC) contract for the expansion of Solutia's acrylonitrile facility in Chocolate Bayou, Texas. Fluor Daniel's contract value exceeds $200 million. "This is obviously an important win for us," said Reid Pannill, executive director of Business Development, Fluor Daniel Chemicals & Specialties operating company. "It demonstra... 
09/08/98
Fluor Corporation Board Declares Quarterly Dividend
IRVINE, Calif.--Sept. 8, 1998--At its regular meeting today, Fluor Corporation's board of directors declared a quarterly cash dividend of 20 cents per share on the company's common stock. The quarterly dividend rate will be payable on October 13, 1998, to holders of record at the close of business on September 22, 1998. Fluor Corporation (NYSE:FLR) is a global engineering, construction, maintenance and diversified services company with an investment in low-sulfur coal. ... 
08/25/98
Duke/Fluor Daniel Wins Contract to Operate and Maintain Indiana Energy Facility
CHARLOTTE, N.C., August 25, 1998 -- Duke/Fluor Daniel announced today that it has been awarded a 15-year contract by Cokenergy, Inc., a unit of Primary Energy, to provide operations, maintenance and management services for the 94-megawatt Indiana Harbor HRC Facility in East Chicago, Indiana. Duke/Fluor Daniel's contract value was not disclosed. Duke/Fluor Daniel had previously provided turnkey design and construction services for the facility, which consisted of a flue ga... 
08/19/98
Fluor Announces Third Quarter Earnings
IRVINE, Calif.--Aug. 19, 1998--Fluor Corp. (NYSE:FLR) Wednesday announced net earnings for the third quarter ended July 31, of $62.4 million, or 81 cents per share, compared with $66.2 million or 79 cents per share, for the same quarter a year ago. Revenues were $3.5 billion, compared with $3.7 billion in the third quarter last year. As a result of the company's stock repurchase program, shares outstanding at the end of the quarter were 76.5 million, a reduction of nearly 9 percent or 7.... 
08/06/98
Fluor Daniel to Expand Argentinean Petrochemicals Complex
IRVINE, Calif., August 6, 1998 -- Fluor Daniel (NYSE:FLR) and SADE Ingeniera y Construcciones S.A. announced today that they have been awarded a contract by Petroquimica Bahia Blanca, a joint venture among The Dow Chemical Company, Yacimientos Petroliferos Fiscales (YPF) and Itochu, to design and construct its new ethane cracking facility located in Bahia Blanca, Argentina. The total installed cost of the project is US$300 million; Fluor Daniel and SADE's contract value i... 
07/28/98
Rollans to Replace Conaway as Fluor's Chief Financial Officer
IRVINE, Calif., July 21, 1998 -- Fluor Corporation (NYSE:FLR) announced today the departure of J. Michal Conaway, senior vice president and chief financial officer. Conaway has accepted a position as a senior executive and chief financial officer with another major corporation and will leave Fluor within the next several weeks.Conaway said, "Leaving Fluor is one of the most difficult decisions I have had to make throughout my career. Working for the leading global company in Fluor's indu... 
07/27/98
Fluor Daniel Venture Begins Design and Construction of Virginia's Route 895 Connector
IRVINE, Calif., July 27, 1998 -- Fluor Daniel (NYSE:FLR) announced today that its venture, FD/MK LLC, is proceeding with design and construction of a high-level river crossing in Richmond, Virginia, for the state's Department of Transportation (VDOT). The total installed cost of the project is $324 million; FD/MK LLC's contract value is $308 million. "This is a true public/private collaboration. It will be a model for an efficient and accelerated delivery process for futu... 
07/20/98
Fluor Daniel Named Top U.S. Contractor
IRVINE, Calif., July 20, 1998 -- Fluor Daniel (NYSE:FLR) has been ranked the number-one engineering and construction company in the United States, based on total revenue, by Engineering News-Record (ENR) magazine. In a field of 400 general contractors, the company came in first for the fifth straight year and has held this ranking for 10 of the past 11 years. Fluor Daniel President and Chief Operating Officer Jim Stein said, "We are very proud to again be recognized by ENR as the top contractor.... 
06/18/98
Fluor Daniel Selected to Design Petrochemical Complex in Venezuela
HOUSTON, Tex., June 18, 1998 -- Fluor Daniel (NYSE:FLR) announced today that it has been selected to provide basic engineering services--phase one--for a new olefin complex that Mobil Chemical Company and Petroquimica de Venezuela, S.A. (Pequiven) intend to construct and operate in Jose, Venezuela. The project's total installed cost is estimated to be about US$2 billion; Fluor Daniel's contract value for phase one of the project is approximately US$27 million.Fluor Daniel's Chemicals & Specialti... 
05/20/98
Fluor Announces Second Quarter Earnings
IRVINE, Calif., May 20, 1998 -- Fluor Corporation (NYSE:FLR) today announced net earnings of $54.3 million, or 67 cents per share, for the second quarter ended April 30, compared with a net loss of $70.1 million, or 84 cents per share for the same period a year ago. Revenues were $3.3 billion, compared with $3.2 billion in the second quarter of 1997. Operating profits for Fluor Daniel were $58 million, compared with an operating loss of $110 million last year. New engineering and c... 
05/13/98
Fluor Daniel Chosen for Warner-Lambert Expansion Projects in Europe
IRVINE, Calif., May 13, 1998 -- Fluor Daniel (NYSE:FLR) announced today that it has been awarded a $265-million contract to renovate and expand selected Warner-Lambert pharmaceutical facilities in Europe. The facilities are being upgraded to support increasing market demand for Warner-Lambert's pharmaceutical products. Warner-Lambert's investment will result in renovated and new bulk pharmaceutical manufacturing capacity, a 400,000 square-foot tableting and finishing facility, and new support u... 
04/27/98
Fluor Daniel Awarded Contract to Rebuild Aladdin Hotel & Casino
IRVINE, Calif., April 27, 1998 - Fluor Daniel (NYSE:FLR) announced today that its ADP Marshall operating company has been awarded a contract by Aladdin Gaming, LLC, to design and build the base facilities for its new Aladdin Hotel & Casino, a 35-acre world-class resort, casino and entertainment complex located in Las Vegas, Nevada. Total installed cost of the base facilities exceeds $825 million; ADP Marshall's contract value is in excess of $250 million. ADP Marshall operating company is pr... 
04/20/98
Fluor Daniel Awarded Indelpro Contract
IRVINE, Calif., April 20, 1998 -- Fluor Daniel (NYSE:FLR) announced today that Indelpro, a joint venture between Alpek--the petrochemical and synthetic fibers group of Mexican corporation Alfa--and Montell, has awarded ICA Fluor Daniel a contract to design and build a propylene splitter facility, located in Altamira, Tamaulipas, Mexico. The total installed cost of the project is US$40 million; ICA Fluor Daniel's contract value is approximately US$20 million. ICA Fluor Daniel will provide engi... 
04/20/98
Fluor Daniel Awarded Indelpro Contract
IRVINE, Calif., April 20, 1998 -- Fluor Daniel (NYSE:FLR) announced today that Indelpro, a joint venture between Alpek--the petrochemical and synthetic fibers group of Mexican corporation Alfa--and Montell, has awarded ICA Fluor Daniel a contract to design and build a propylene splitter facility, located in Altamira, Tamaulipas, Mexico. The total installed cost of the project is US$40 million; ICA Fluor Daniel's contract value is approximately US$20 million. ICA Fluor Daniel will provide engi... 
04/16/98
Philip J. Carroll Named New Chairman and CEO of Fluor Corporation
IRVINE, Calif., April 15, 1998 -- Fluor Corporation's (NYSE:FLR) board of directors announced today the election of Philip J. Carroll as chairman and chief executive officer, effective July 1998. Carroll, age 60, who will retire as president and chief executive officer of Shell Oil Company on June 30, will succeed Peter J. Fluor, who has served as Fluor's non-executive chairman following the health-related early retirement of Leslie G. McCraw in January of this year. Until the transition date,... 
04/14/98
Fluor Daniel Awarded Contract for Union Carbide's Polyethylene Project in Canada
IRVINE, Calif., April 14, 1998 - Fluor Daniel (NYSE:FLR) announced today that it has been awarded a contract by Union Carbide to provide engineering, procurement and construction management services for its new polyethylene plant located in Prentiss, Alberta. The project and contract values were not disclosed. Fluor Daniel's Chemicals & Specialties operating company is responsible for engineering and procurement of the Outside Battery Limits portion of the plant, as well as overall... 
04/14/98
APC Chosen for Major Oil and Gas Development Project in Russia
HOUSTON, Texas, April 14, 1998 -- Arctic Pacific Contractors (APC), a 50/50 joint venture between Fluor Daniel (NYSE:FLR) and Brown & Root Energy Services, a business unit of Halliburton Company (NYSE:HAL), has been selected by Sakhalin Energy Investment Company Ltd. to provide project engineering, procurement, construction planning and other associated support services for the basic design concept and definition phases of the Sakhalin II project located along Russia's Pacific Coast.... 
03/30/98
Stone & Webster/Fluor Daniel Petrochemicals Signs Contract for 2.8-Billion Pound Ethylene Plant at Joffre, Alberta
HOUSTON, Tex., March 30, 1998 -- Stone & Webster/Fluor Daniel Petrochemicals (SW/FD) has signed a contract with NOVA Chemicals Ltd. and Union Carbide Corporation for a third ethylene plant at NOVA's petrochemicals complex in Joffre, Alberta. SW/FD will provide engineering, procurement and construction (EPC) as well as project management services for the 2.8-billion pound-per-year facility, which will be jointly owned by NOVA Chemicals and Union Carbide. The new contract is a major ... 
03/30/98
Stone & Webster/Fluor Daniel Petrochemicals Signs Contract for 2.8-Billion Pound Ethylene Plant at Joffre, Alberta
HOUSTON, Tex., March 30, 1998 -- Stone & Webster/Fluor Daniel Petrochemicals (SW/FD) has signed a contract with NOVA Chemicals Ltd. and Union Carbide Corporation for a third ethylene plant at NOVA's petrochemicals complex in Joffre, Alberta. SW/FD will provide engineering, procurement and construction (EPC) as well as project management services for the 2.8-billion pound-per-year facility, which will be jointly owned by NOVA Chemicals and Union Carbide. The new contract is a major ... 
03/26/98
Fluor Corporation/Siemens Announce Plant Services Joint Venture for New AK Steel Mill
IRVINE, Calif., March 26, 1998 -- Fluor Corporation (NYSE:FLR) announced today, in cooperation with Siemens Energy & Automation Inc., that its Maintenance & Industrial Services (M&IS) unit has signed a plant services agreement with AK Steel Corporation (NYSE:AKS) for its new finishing facility in Rockport, Indiana. The contract value was not disclosed. M&IS will partner with the Industrial Systems & Service (IS&S) Division of Siemens Energy & Automation to provide plant startup supp... 
03/20/98
Fluor Daniel GTI to Sell Canadian Operations
NORWOOD, Mass., March 20, 1998 -- Fluor Daniel GTI, Inc. (NASDAQ:FDGT) announced today that it has executed a letter of intent regarding the sale of its Toronto- and Montreal-based subsidiary, Fluor Daniel GTI Canada, Inc., to Conor Pacific Environmental Technologies, Inc. "While the proposed sale is not expected to have a material impact on Fluor Daniel GTI, Inc., it is expected that the sale, if consummated, would enhance service provided to Fluor Daniel GTI Canada's existing cli... 
03/10/98
Fluor Corporation Board Declares Quarterly Dividend
IRVINE, Calif., March 10, 1998 -- At its regular meeting today, Fluor Corporation's Board of Directors declared a quarterly cash dividend of 20 cents per share on the company's common stock. The quarterly dividend rate will be payable on April 14, 1998, to holders of record at the close of business on March 24, 1998. ... 
03/09/98
Fluor To Pursue Transactional Options of American Equipment Company
IRVINE, Calif., March 9, 1998 -- Fluor Corporation (NYSE:FLR) announced today that it will pursue options for transacting American Equipment Company--its equipment sales, leasing and services subsidiary. This decision to exit the business is the result of a thorough review of strategic alternatives to increase shareholder value either through continuing ownership of and investment in American Equipment, or by some form of divestiture or restructuring. Merrill Lynch & Comp... 
03/04/98
Fluor Ranked #1 E&C Company In Fortune
IRVINE, Calif., March 4, 1998 - Fortune magazine has identified Fluor Corporation (NYSE:FLR) as America's most admired company in the engineering and construction industry in its March 2 issue. This is the fifth straight year that Fluor has earned this top honor. Fluor Corporation Chairman Peter Fluor said: "We are very proud to have been selected again as America's most admired engineering and construction company. Our employees work very hard to deliver value to Flu... 
02/18/98
Fluor Announces First Quarter Results
IRVINE, Calif., February 18, 1998 -- Fluor Corporation (NYSE:FLR) today announced net earnings of $54.8 million, or 66 cents per share, for the first quarter ended January 31, compared with $62 million, or 74 cents per share for the same period a year ago. Revenues were $3.4 billion, compared with $3.4 billion in the first quarter of 1997. Operating profits for Fluor Daniel were $53 million, compared with $74 million last year. Results for the first quarter in 1997 includ... 
02/17/98
Fluor Daniel Wins Contract To Upgrade Doe Run's Smelter and Refinery Complex in Peru
IRVINE, Calif., February 17, 1998 -- Fluor Daniel (NYSE:FLR) announced today that it has been awarded a contract to upgrade and modernize The Doe Run Company's metallurgical smelting complex at La Oroya, Peru, approximately 150 miles east of Lima in the Andes Mountains at a height of 12,540 feet. The contract value was not disclosed. The La Oroya project is part of Doe Run's 10-year capital improvement program, and Fluor Daniel's Mining & Metals operating company will... 
02/16/98
Duke Energy and Fluor Daniel Win Contract to Build Texas Power Plant
CHARLOTTE, N.C., and IRVINE, Calif., February 16, 1998 -- Duke Energy (NYSE:DUK) and Fluor Daniel (NYSE:FLR) announced today that their business unit, Duke/Fluor Daniel, has been awarded a contract by Ingleside Cogeneration Limited Partnership to design and build a nominal 440-megawatt, natural gas-fired cogeneration power plant near Ingleside, Texas. Ingleside Cogeneration Limited Partnership is a project-specific partnership between OxyChem, a unit of Occidental Pet... 
01/20/98
Fluor Daniel Proceeds with South Carolina Highway Project
IRVINE, Calif., January 20, 1998 -- Fluor Daniel announced today that it has been given a notice to proceed in the design and construction of a 28.5-mile highway in South Carolina, following the arrangement of a funding package approved by the State Infrastructure Bank (SIB) for the Road Improvement Development Effort (RIDE) Program. The total cost for the three projects in the RIDE Program, which include the Conway Bypass, Carolina Bays Parkway and the widening of Route ... 
01/06/98
Fluor Daniel GTI to Cleanup Air Force Bases Worldwide
Norwood, MA., January 6, 1998 - Fluor Daniel announced today that its environmental operating company, Fluor Daniel GTI, has been selected by the Air Force Center for Environmental Excellence (AFCEE) to execute full-service remediation projects on U.S. Air Force bases worldwide. The award consists of a one-year base contract, with four one-year options and is part of a Multiple Award Remediation Contract valued at US$400 million, which is shared with other contractors. Fl... 
01/05/98
Tecnofluor and Fluor Daniel Win First Phase of Venezuelan Project
IRVINE, Calif., January 5, 1998 -- Tecnofluor and Fluor Daniel announced today that they have been awarded contracts by Petrolera Ameriven S.A. to provide a basic engineering package for its proposed crude upgrader at Jose, Venezuela. The total installed cost of the facilities located at Jose will be approximately $1.5 billion; the combined contracts value is approximately $12 million. Tecnofluor and Fluor Daniel will perform basic engineering for the facility, which ... 
01/05/98
Fluor Daniel Wins Medical Isotopes Facility Contract
IRVINE, Calif., January 5, 1998 -- Fluor Daniel announced today that it has signed a contract with Atomic Energy of Canada Limited (AECL) to design and build a new medical isotopes processing facility near Toronto, Ontario. The new processing facility, a key part of a new MAPLE reactor complex being built by AECL at its Chalk River Laboratories, will house shielded structures--known as hot cells--used for the separation of the isotopes. The project's total installed cost ...