Fluor
Corporation (NYSE: FLR) announced today that it has been awarded a
bid-build contract in Texas for the construction of the Texas Department
of Transportation’s (TxDOT) U.S. 287 Project in Ellis County, just south
of Dallas and Fluor’s corporate headquarters in Irving. Fluor will book
the undisclosed contract value in the first quarter of 2017.
“This is a significant strategic milestone for Fluor and will not only
help us firmly establish our position in the bid-build market, but also
help us to expand our market offering beyond the traditional
design-build and private public partnerships,” said Hans
Dekker, president of Fluor’s Infrastructure business. “Fluor was
selected from a highly competitive field and we look forward to working
with the TxDOT to complete this project on time and on budget.”
The project will widen approximately 4.5 miles of U.S. 287 from two
lanes to a four-lane, divided asphalt highway with continuous frontage
roads. Construction is scheduled to begin in spring of 2017 and will
take approximately two years to complete.
The investment by TxDOT in the expansion of U.S. 287, a main arterial
route in Ennis, is part of the overall development of Ellis County and
will continue the commercial and industrial development of the area.
This is the first project win for Fluor’s heavy civil business, a
regional platform to further develop Fluor’s self-perform construction
capabilities in Texas and support the growing demand for infrastructure
development and investment.
Fluor has been designing and building infrastructure projects in Texas
for more than 15 years, and is currently delivering the TxDOT Horseshoe
Project in downtown Dallas, as well as the Central Texas Regional
Mobility Authority’s 183 South Project in Austin.
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 155 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 us on Twitter @FluorCorp.
Fluor CorporationMedia RelationsBrian Mershon, 469-398-7621orBrett Turner, 864-281-6976orInvestor RelationsGeoff Telfer, 469-398-7070orJason Landkamer, 469-398-7222