Fluor Corporation (NYSE: FLR) announced that its Zumbro River
Constructors (ZRC) joint venture, which also includes Ames Construction
and Edward Kraemer and Sons, has begun construction of the TH 212
design-build project in Minnesota.
TH 212 is a 12-mile highway realignment project located in Carver and
Hennepin Counties, Minn. The project consists of seven new interchanges
and 29 bridges and is scheduled to be completed in 2008. The Minnesota
Department of Transportation (Mn/DOT) and ZRC held a groundbreaking
celebration last month signifying the start of construction on the
project.
Fluor and its partners are the design-build contractors for this
project, with Fluor also acting as the managing member of the joint
venture. Total contract value is $238 million. Fluor booked its
one-third portion of the total contract value in the company's second
quarter.
"We are very pleased to continue our relationship with the Minnesota
Department of Transportation," said Steve Dobbs, Fluor's group president
of Industrial & Infrastructure. "We look forward to achieving the same
success we've had on other projects with which we've partnered with
Mn/DOT."
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 $9.4 billion
in 2004. For more information, visit www.fluor.com.
Leann Vandergrift/Lisa Boyette
Media Relations
949.349.7420/3652
tel
Ken Lockwood
Investor Relations
949.349.3815 tel
949.349.5375
fax
Media Relations, Leann Vandergrift, +1-949-349-7420, or LisaBoyette, +1-949-349-3652, or Investor Relations, Ken Lockwood,+1-949-349-3815, or fax, +1-949-349-5375, for Fluor Corporation//Web site: http://www.fluor.com /