IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that it is combining its
modular design expertise with the fabrication and construction
capabilities of Supreme Group, a Canadian based-company that specializes
in fabrication and module assembly across Canada, to form Supreme
Modular Fabrication Inc. The 50/50 partnership will own, operate and
deliver a full range of unique module assembly and fabrication services
to the Canadian market place from its 50-plus-acre module yard near
Edmonton, Alberta. This partnership allows Fluor to now deliver a fully
integrated self-performed engineering, procurement, fabrication and
construction (EPFC) solution to a wide range of projects across Canada.
“We are truly excited about the fabrication partnership with Supreme
where both of our companies are bringing together the best talent and
best offerings to meet the needs of our clients,” said Peter Oosterveer,
president of Fluor’s Energy & Chemicals Group. “With our unique modular
and fabrication capabilities in the market, we will be able to deliver
an integrated EPFC solution that will provide significant cost and
schedule opportunities and benefits for our clients.”
“Through innovative offerings, such as Fluor’s 3rd Gen
Modular ExecutionSM design, we are seeing increased levels of
construction work move from the field to controlled, productive and less
costly work environments like modular fabrication yards,” said Garry
Flowers, president of Fluor’s Global Services Group. “This partnership
enables Fluor to support our clients in all phases of projects to
achieve their objectives.”
“There are significant gains for Supreme in our association with Fluor,
a global industry leader, to create this new module and fabrication
company,” says John Leder, president and chief operating officer of
Supreme Group. “Within this new company, we will be able to offset many
of the risks associated with field construction by executing more of the
field content in our modular facility. We embrace Fluor’s demonstrated
willingness to innovate, to find new and fresh solutions and to take a
holistic approach to EPFC projects. Our core values are completely
aligned.”
Fluor has maintained a strong presence in the Canadian market for more
than 60 years by providing world-class engineering, procurement,
construction and project management services. The company’s more than
3,000 professionals working in offices in Calgary, Vancouver and
numerous project sites support a wide range of clients across the
country.
In September 2012, Fluor announced a similar modular and fabrication
partnership with AG&P in the Phillipines.
About Supreme
Supreme Group is the largest privately-owned steel fabricator and
construction business in Canada with member companies throughout western
Canada, Ontario and the U.S. Pacific Northwest. Altogether Supreme Group
within its affiliates has a steel fabrication and construction history
that stretches back to 1912. The Group engages all aspects of steel
fabrication and construction including commercial industrial,
institutional and mechanical applications. It has undertaken some of the
largest projects in western Canada and the Pacific Northwest.
About Fluor Corporation
For more than 100 years, Fluor Corporation (NYSE: FLR) has partnered
with its clients to design, build and maintain many of the world's most
challenging and complex capital projects. Through its global network of
offices on six continents, more than 40,000 employees provide
comprehensive capabilities and world-class expertise in the fields of
engineering, procurement, construction, commissioning, fabrication,
operations, maintenance and project management. Today, the company
serves a global client base in the energy, chemicals, government,
industrial, infrastructure, operations & maintenance, manufacturing &
life sciences, mining, power and transportation sectors. Headquartered
in Irving, Texas, Fluor ranks 124 on the FORTUNE 500 list and had
revenue of $27.6 billion in 2012. For more information, visit www.fluor.com.
Fluor CorporationMedia Relations:Keith Stephens, 469-398-7624orBrian Mershon, 469-398-7621orInvestor Relations:Ken Lockwood, 469-398-7220orJason Landkamer, 469-398-7222