Fluor
Corporation (NYSE: FLR) announced today that Bridging North America,
a partnership of Fluor and ACS Infrastructure Canada, was selected as
the preferred proponent to design, build, finance, operate and maintain
the Gordie Howe International Bridge project for Windsor-Detroit Bridge
Authority (WDBA). Fluor plans to book its share of the design and
construction contract value in the fourth quarter of 2018.
The Gordie Howe International Bridge project is a planned bridge and
border crossing spanning the Detroit River and connecting Detroit,
Michigan, U.S. and Windsor, Ontario, Canada by linking Interstate 75 and
Interstate 96 in Michigan with the new extension of Highway 401 (Rt.
Hon. Herb Gray Parkway) in Ontario.
“Fluor is pleased with the selection of our joint venture team to
design, build, finance, operate and maintain this once-in-a-generation
project,” said Terence
Easton, president of Fluor’s infrastructure business. “We are
looking forward to partnering with WDBA to reach financial close later
this year and ultimately deliver a durable, long-lasting, landmark
bridge with a unique visual presence for the local community and
international travelers.”
Fluor and ACS Infrastructure Canada led the development phase of the
project and will hold the prime contract. This is the second project in
the Windsor-Detroit area where Fluor and ACS have partnered. Fluor and
ACS recently delivered, and are currently operating and maintaining, the
Rt. Hon. Herb Gray Parkway in Windsor, Ontario, that will connect to the
Gordie Howe International Bridge.
This partnership will design and build the project, and when complete,
this crossing will be the longest cable-stayed bridge in North America.
The scope also includes building new, state-of-the-art ports of entry on
both the U.S. and Canadian side of the Detroit River as well as
improvements to existing infrastructure in both Michigan and Ontario.
Early works will start this summer in advance of financial close, which
is set for this fall.
Fluor and ACS will operate and maintain the facility for 30 years to
performance standards that will be established by WDBA following
completion.
About Fluor Corporation
Founded in 1912, Fluor
Corporation (NYSE: FLR) is a global engineering, procurement,
fabrication, construction and maintenance company that transforms the
world by building prosperity and empowering progress. Fluor serves its
clients by designing, building and maintaining safe, well executed,
capital-efficient projects around the world. With headquarters in
Irving, Texas, Fluor ranks 153 on the Fortune 500 list with
revenue of $19.5 billion in 2017 and has more than 56,000 employees
worldwide. For more information, please visit www.fluor.com
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and YouTube.
Fluor CorporationMedia RelationsBrian Mershon, 469-398-7621orBrett Turner, 864-281-6976orInvestor RelationsJason Landkamer, 469-398-7222