Fluor Secures IBM Facilities Management Contract

Four-Year Contract for More Than 300 U.S. Sites

Wednesday, April 7, 2010 5:30 pm EDT

Dateline:

IRVING, Texas

Public Company Information:

NYSE:
FLR
US3434121022
"We have been supporting IBM with various facility services since 1984, and we are eager to expand our facilities management portfolio with IBM"

IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE:FLR) announced today that IBM (NYSE: IBM) has awarded the firm a facilities management contract for more than 300 sales, administrative, data center and corporate facilities throughout the U.S. The sites vary in size, with some as small as a few thousand square feet and others larger than 1 million square feet. Fluor booked the four-year contract in the first quarter of 2010.

“We have been supporting IBM with various facility services since 1984, and we are eager to expand our facilities management portfolio with IBM,” said Kirk Grimes, president of Fluor’s Global Services Group. “IBM has been a valued client for more than 25 years.”

Under this contract, Fluor will provide ongoing operations and maintenance, space management, health and safety, landscape and grounds, janitorial and other facility management services. The transition will begin immediately with more than 300 Fluor facility management personnel at various locations.

As a unit of Fluor's Global Services Group, the Facility Management business line offers unique solutions to both industrial and commercial clients by combining Fluor's building design and construction expertise with its plant operations and maintenance best practices. Fluor provides a wide range of independent and integrated services to clients to support general building maintenance, utility operations, capital projects and programs, and business support functions. Fluor also assists clients in implementing green building techniques and preparing for Leadership in Energy & Environmental Design (LEED®) certification.

About Fluor Corporation

Fluor Corporation (NYSE: FLR) designs, builds and maintains many of the world's most challenging and complex projects. Through its global network of offices on six continents, the company provides comprehensive capabilities and world-class expertise in the fields of engineering, procurement, construction, commissioning, operations, maintenance and project management. Headquartered in Irving, Texas, Fluor is a FORTUNE 200 company and had revenues of $22 billion in 2009. For more information visit www.fluor.com.

Contact:

Fluor Corporation
Media Relations
Keith Stephens, 469-398-7624
or
Brian Mershon, 469-398-7621
or
Investor Relations
Ken Lockwood, 469-398-7220
or
Jason Landkamer, 469-398-7222

   

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