Fluor Completes Cytec Carbon Fibers Manufacturing Facility Near Greenville, S.C.

March 20, 2014

Fluor Corporation (NYSE: FLR) announced today that the company achieved mechanical completion for a manufacturing facility for Cytec Carbon Fibers, LLC, about 10 miles south of Fluor’s major global operations center in Greenville, S.C.

Fluor provided full procurement and construction management services beginning in July 2012 and achieved mechanical completion 20 months later. The completed facility will produce aerospace carbon fiber for aircraft and related use. The facility expansion is adjacent to, and will be integrated with, existing Cytec operations.

“Fluor is pleased to have reached this significant completion milestone for Cytec,” said Juan G. Hernandez, president of Industrial Services for Fluor. “Our company’s successful track record of 80-plus years in South Carolina and the southeast U.S. with our Greenville operations center as the hub exemplifies the value we bring to clients locally and across the globe.”

Cytec’s carbon fiber products offer advanced material solutions for composite applications. Cytec offers a range of carbon fiber products that deliver superior structural, thermal, electrical and frictional performance for a variety of unique applications, including commercial and military aircraft, as well as other applications.

About Fluor Corporation

Fluor Corporation (NYSE: FLR) is a global engineering and construction firm that designs and builds some of the world's most complex projects. The company creates and delivers innovative solutions for its clients in engineering, procurement, fabrication, construction, maintenance and project management on a global basis. For more than a century, Fluor has served clients in the energy, chemicals, government, industrial, infrastructure, mining and power market sectors. Headquartered in Irving, Texas, Fluor ranks 110 on the FORTUNE 500 list. With more than 40,000 employees worldwide, the company's revenue for 2013 was $27.4 billion. Visit Fluor at www.fluor.com and follow on Twitter @FluorCorp.

Fluor CorporationMedia RelationsBrian Mershon, 469-398-7624orEric Krantz, 281-263-6030orInvestor RelationsKen Lockwood, 469-398-7220orJason Landkamer, 469-398-7222