In an effort to support the economic recovery of Hurricane Katrina
victims and accelerate the rebuilding process in the region, Fluor
Corporation (NYSE: FLR) announced today that it will set up several
craft training centers and fund, at its own cost, the training of the
first 1,000 citizens whose homes and/or jobs were lost by the
catastrophic storm. In total, the company expects to train many
thousands of individuals in the centers that will be established at
existing facilities in and around the areas where concentrated
rebuilding of hurricane-damaged infrastructure is taking place.
Fluor's work for the Federal Emergency Management Agency (FEMA) of
providing temporary housing units for individuals displaced by the storm
will require a significant number of craft personnel. Company officials
stated that prior to the hurricane, the craft labor market was already
stressed due to outages, shutdowns and turnarounds that occur this time
of year across the country. Fluor's rapid response in setting up craft
training centers to educate individuals in virtually every civil craft,
including electricians, pipe fitters, welders, equipment operators and
riggers, will accelerate the recovery progress in the Gulf region. Once
trained, these workers will be employed by Fluor, its Louisiana-based
subcontractors and other construction companies to install temporary
housing units and perform other related work. Individuals interested in
training or craft employment opportunities with Fluor should register at www.jobs2help.com.
"The priority mission in the Gulf Coast region goes far beyond cleaning
up the storm-ravaged areas," said Fluor Chairman and Chief Executive
Officer Alan Boeckmann. "Where we can have the greatest impact is
helping people get back on their feet. We're doing this by not only
providing temporary housing on FEMA's behalf but also through our
commitment to train and employ hurricane victims wanting to get back to
work and rebuild their communities."
Through its work in designing and building some of the world's
most-complex industrial projects, Fluor has an extensive history of
providing craft training in locations globally to meet client needs.
During the past 10 years alone, Fluor has trained in excess of 250,000
craft personnel using its industry-leading systems, methods and
processes. This training enables individuals to achieve levels of
certification at established national standards and is provided through
a traditional instructor-led classroom format and online web-based
programs.
Boeckmann continued, "Providing local jobs is a focus of our efforts. We
are pleased to fund the cost of training for the first 1,000 who were
affected by Hurricane Katrina. Through teamwork and ingenuity, America
will turn this tragedy into a new beginning for the entire region."
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.
Lisa Boyette/Leann Vandergrift
Media Relations
949.349.3652/949.349.7420
Ken Lockwood
Investor Relations
949.349.3815
Media, Lisa Boyette, +1-949-349-3652, or Leann Vandergrift,+1-949-349-7420, or Investors, Ken Lockwood, +1-949-349-3815//Web site: http://www.fluor.com/http://www.jobs2help.com /