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Fluor Daniel Named Top U.S. Contractor

Category:

Monday, July 20, 1998 8:08 am EDT

Dateline:

IRVINE, Calif.
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Public Company Information:

NYSE:
FLR
"We are very proud to again be recognized by ENR as the top contractor. A majority of Fluor Daniel's business comes from repeat clients who recognize the distinctive capabilities and value our employees offer through their dedication to quality, hard work and development of innovative business solutions."

Fluor Daniel (NYSE:FLR) has been ranked the number-one engineering and construction company in the United States, based on total revenue, by Engineering News-Record (ENR) magazine. In a field of 400 general contractors, the company came in first for the fifth straight year and has held this ranking for 10 of the past 11 years. Fluor Daniel President and Chief Operating Officer Jim Stein said, "We are very proud to again be recognized by ENR as the top contractor. A majority of Fluor Daniel's business comes from repeat clients who recognize the distinctive capabilities and value our employees offer through their dedication to quality, hard work and development of innovative business solutions.

"The global marketplace offers expanding opportunities for engineering and construction contractors, particularly in the upstream and downstream energy, petrochemicals and chemicals markets," continued Stein. "As the ever-increasing desire on the part of millions of people for a higher standard of living continues, we intend to play a key role in the development of the infrastructure needed to support and raise that standard." ENR is the leading trade publication for the engineering and construction industry in the United States. Part of the McGraw-Hill Construction Information Group, ENR has a weekly circulation of 75,500. Fluor Daniel reported record revenues of $10.8 billion in 1997. Fluor Daniel, the principal subsidiary of Fluor Corporation (NYSE:FLR), is a leading engineering, construction, maintenance and diversified services company with more than 50 offices worldwide.