Fluor
Corporation (NYSE: FLR) announced today that a Fluor-led joint
venture was selected by the Massachusetts Bay Transportation Authority
(MBTA) as the design-build team for the estimated $2 billion Green Line
Light Rail Extension in Boston. Fluor will book its share of the
contract value into backlog in the fourth quarter of 2017.
“Fluor is pleased to be chosen to lead the joint venture team that will
oversee the design and construction of this project,” said Hans
Dekker, president of Fluor’s infrastructure business line. “Our team
brings an integrated solutions approach to designing and building
megaprojects, a legacy of rail experience and a proven track record of
delivering complex projects for our clients. We look forward to
improving mobility for Boston-area residents.”
The Fluor-led joint venture includes Balfour Beatty Infrastructure,
Inc., Herzog Contracting Group and The Middlesex Corp.
Working in partnership with MBTA, the project is slated to begin
construction in 2018 and open for service in late 2021. The project
includes seven new stations including the relocated Lechmere Station, a
vehicle storage and maintenance facility and two distinct branches: a
mainline branch operating within the existing right-of-way for the MBTA
Lowell Line beginning at a relocated Lechmere Station in Cambridge and
traveling north to Medford; and a branch line operating within the
existing right-of-way for the MBTA Fitchburg Line to Union Square in
Somerville.
The light rail service to this corridor will greatly improve local and
regional mobility by offering a one-seat ride to downtown Boston,
address longstanding transportation concerns, result in fewer
automobiles on local roads and help to combat greenhouse gas emissions
and other components of air pollution. The Green Line Extension will
also support municipal plans for sustainable growth and urban
redevelopment and provide residents with faster rides to jobs and other
destinations. The projected daily ridership at the seven stations is
estimated to be 45,000 by 2030.
About Fluor Corporation
Fluor
Corporation (NYSE: FLR) is a global engineering, procurement,
fabrication, construction and maintenance company that designs, builds
and maintains capital-efficient facilities for its clients on six
continents. For more than a century, Fluor has served its clients by
delivering innovative and integrated solutions across the globe. With
headquarters in Irving, Texas, Fluor ranks 149 on the Fortune 500
list with revenue of $19 billion in 2016 and has more than 60,000
employees worldwide. For more information, please visit www.fluor.com
or follow Fluor on social media at Facebook,
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and YouTube.
Fluor CorporationMedia RelationsBrian Mershon, 469-398-7621orBrett Turner, 864-281-6976orInvestor RelationsGeoff Telfer, 469-398-7070orJason Landkamer, 469-398-7222