Fluor Corporation (NYSE: FLR) announced today the sale of the
Information Technology Staffing Division of TRS Staffing Solutions to
National Technical Systems, Inc. (Nasdaq: NTSC). The sale supports
Fluor's previously announced strategy of divesting the non-engineering,
procurement, and construction components of its temporary staffing
business. Terms of the sale were not disclosed.
"TRS will continue to be a leading provider of engineering, design, and
other technical/professional personnel to projects, customers and
suppliers," said Ken Lockwood, president of TRS, a wholly owned
subsidiary of Fluor. "This transaction represents an important step in
enabling TRS to refocus its efforts on providing temporary staffing for
EPC-related activities both to Fluor and to third parties."
TRS Staffing Solutions, headquartered in Aliso Viejo, CA, provides
staffing solutions worldwide through its branch locations in the United
States, the United Kingdom, the Netherlands, Canada and South Africa.
TRS was established in 1984.
Fluor Corporation (NYSE: FLR) provides services on a global basis in the
fields of engineering, procurement, construction, operations,
maintenance and project management. Headquartered in Aliso Viejo,
California, Fluor is a Fortune 500 company with revenues of $9 billion
in fiscal year 2001. For more information, visit www.fluor.com.
For further information, please contact Jerry Holloway, +1-949-349-7411,
or Lori Serrato, Media Relations, +1-949-349-7420; or Lila Churney,
Investor Relations, +1-949-349-3909, fax, +1-949-349-5375.
Jerry Holloway, +1-949-349-7411, or Lori Serrato, MediaRelations, +1-949-349-7420; or Lila Churney, Investor Relations,+1-949-349-3909, fax, +1-949-349-5375URL:http://www.fluor.com