Fluor Unit to Provide Site Support at Mexican Hydroelectric Project

Monday, August 11, 2003 8:08 am EDT

Dateline:

GREENVILLE, S.C.

Public Company Information:

NYSE:
FLR
"With AMECO's support as an equipment provider, CECSA is confident that we will be successful in completing the El Cajon Hydroelectric Project"

AMECO, the construction support and fleet outsourcing unit of Fluor Corporation (NYSE: FLR), today announced that it has been awarded a Site Services(SM) contract to support the construction of a major hydroelectric project in Mexico. The contract value was not disclosed.

Over the five-year project, AMECO will provide construction equipment, vehicles, and large haul trucks used by Constructora el Cajon (CECSA), which is building the 750-megawatt El Cajon hydroelectric plant near Tepic, Nayarit.

"AMECO is excited to bring an integrated equipment solution to help make the project successful. This project is another example of AMECO's ability to support complex construction projects on a global basis," said Russell Miles, vice president of sales for AMECO.

"With AMECO's support as an equipment provider, CECSA is confident that we will be successful in completing the El Cajon Hydroelectric Project," said Luis Horcasitas, CECSA's director. "El Cajon is a strategic project for the Mexican government, and is one of the largest public infrastructure projects undertaken in years."

AMECO has delivered fully integrated equipment and tool solutions for more than 50 years. The company is focused on two primary businesses, Site Services(SM) and Fleet Outsourcing(SM). The Site Services(SM) business focuses on providing a complete equipment, tool and indirect services package for construction projects. The Fleet Outsourcing(SM) business assists clients in the industrial markets, including heavy industrial, power and manufacturing facilities, with complete outsourcing of fleet, tool, and asset management functions.

CECSA is the construction company of the Constructora Internacional de Infraestructura (CIISA), the consortium formed by Ingenieros Civiles Asociados, PIADISA -- both subsidiaries of Empresas ICA Sociedad Controladora (ICA), Mexico's largest engineering and construction company -- La Peninsular Compania Constructora, and Energomachexport Power Machines. CIISA was awarded the contract to construct the El Cajon hydroelectric plant last March by Mexico's Federal Electricity Commission.

Fluor Corporation (NYSE: FLR) provides services on a global basis in the fields of engineering, procurement, construction, operations, maintenance and project management. Headquartered in Aliso Viejo, Calif., Fluor is a Fortune 500 company with revenues of $10 billion in 2002. For more information, visit www.fluor.com.

For further information, please contact: Media Relations, Jerry Holloway, +1-949-349-7411, or Lori Serrato, +1-949-349-7420, or Investor Relations, Lila Churney, +1-949-349-3909, fax, +1-949-349-5375, all of Fluor Corporation.

Contact:

Media Relations, Jerry Holloway, +1-949-349-7411, or Lori
Serrato, +1-949-349-7420, or Investor Relations, Lila Churney,
+1-949-349-3909, fax, +1-949-349-5375, all of Fluor Corporation
http://www.fluor.com

   

Newsroom Inquiries
media.relations@fluor.com

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