Fluor Corporation Awarded Contract by Westinghouse Electric Company to Manage Construction Workforce for Nuclear Power Projects

Monday, January 4, 2016 9:00 am EST

Dateline:

IRVING, Texas

Public Company Information:

NYSE:
FLR
US3434121022

@FluorCorp awarded contract by @WECNuclear to manage construction workforce for nuclear power projects

IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that it was awarded two subcontracts by Westinghouse Electric Company to manage the construction workforce at two Westinghouse AP1000® nuclear power plant projects in Georgia and in South Carolina – the first majority-owned and operated by Georgia Power and the second owned and operated by SCANA/Santee Cooper. Fluor booked $5 billion in contracts in the fourth quarter of 2015.

As a subcontractor to Westinghouse, the prime engineering, procurement and construction contractor, Fluor will manage the majority of construction labor at Georgia Power’s Plant Vogtle Units 3 & 4 near Waynesboro, Georgia, and at two additional nuclear electric generating units for SCANA/Santee Cooper at the V.C. Summer Nuclear Station in Fairfield County, South Carolina.

“We look forward to working with Westinghouse as one team to complete the construction of these two U.S. nuclear mega-projects,” said David Seaton, Fluor’s chairman and chief executive officer. “These projects reconfirm our commitment to the nuclear power industry and are in line with our strategy to expand our construction footprint. We share the vision with Westinghouse, Georgia Power and SCANA/Santee Cooper that nuclear power matters to the future of clean energy.”

Fluor is supporting Westinghouse to quickly transition construction responsibilities, as well as the craft labor and a significant portion of the existing field staff workforce, from the previous contractor.

“Fluor is excited to welcome much of the sites’ workforce into our family,” said Chris Tye, president of Fluor’s Power business. “We are pleased to add their experience, skills and talents to our team. Our 70 years of experience in the nuclear industry, combined with our proven capability to deliver complex, challenging projects, will enable the project team not only to deliver these quality projects safely, but to leave a lasting legacy for nuclear energy across the globe.”

About Fluor Corporation

Fluor Corporation (NYSE: FLR) is a global engineering and construction firm that designs and builds some of the world's most complex projects. The company creates and delivers innovative and integrated solutions for its Clients in engineering, procurement, fabrication, construction, maintenance and project management on a global basis. For more than a century, Fluor has served Clients in the energy, chemicals, government, industrial, infrastructure, mining and power market sectors. Headquartered in Irving, Texas, Fluor ranks 136 on the FORTUNE 500 list. With 40,000 employees worldwide, the company's revenue for 2014 was $21.5 billion. Visit Fluor at www.fluor.com and follow on Twitter @FluorCorp.

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Brett Turner, 864-281-6976
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Geoff Telfer, 469-398-7070
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Jason Landkamer, 469-398-7222

   

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