The Edison AwardsTM selected Fluor Corporation’s 3rd Gen
Modular ExecutionSM as a Bronze Award winner for innovation
at its annual event in New York City yesterday evening. The Edison
Awards annually showcase the best of innovation and excellence in new
products and services. Fluor was chosen in the Energy
Management/Conservation category among dozens of entries.
As part of an integrated project solution, Fluor’s proprietary modular
design and execution methodology, 3rd
Gen Modular Execution, improves clients’ capital efficiency through
reduced costs, improved safety, schedule predictability and a cleaner
environmental footprint. These results are achieved by using design and
execution solutions that reduce facility layouts by up to 60 percent
over traditional methods.
“Our 3rd Gen Modular Execution approach is a significant step
forward in project execution and is a game changer for our industry,”
said Jason
Kraynek, vice president of Fluor’s Business Transformation &
Innovation group. “Our approach challenges traditional project design
and execution practices, reducing clients’ capital costs by up to 20
percent. This award recognizes our innovative employees who develop
unique solutions for our clients and highlights the value Fluor delivers
on challenging and complex projects.”
“Our judges recognized Fluor’s 3rd Gen Modular Execution
approach as a true innovator out of the many products in its category.
Being recognized with an Edison Award has become one of the highest
accolades a company can receive in the name of innovation and business,”
said Frank Bonafilia, executive director of the Edison Awards.
The ballot of nominees for the Edison Awards was judged by a panel of
more than 3,000 business executives, past award winners, academics and
leaders in the fields of product development, design, engineering,
science and medical. Nominees were judged on concept, value, delivery
and impact.
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 109 on the FORTUNE 500 list. With 40,000
employees worldwide, the company's revenue for 2014 was $21.5 billion.
Visit Fluor at www.fluor.com
and follow on Twitter @FluorCorp.
Fluor CorporationMedia Relations:Brian Mershon, 469-398-7621orInvestor Relations:Geoff Telfer, 469-398-7070orJason Landkamer, 469-398-7222