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Fluor Unveils Branding Initiative to Reflect New Corporate Structure

Thursday, September 09, 1999 08:08 AM

Fluor Corp. (NYSE:FLR) Thursday unveiled a new brand architecture and identity that aligns with the company's recently announced corporate restructuring.

In March 1999, Fluor Corp. launched a new chapter in the company's history by announcing a new business structure aimed at strengthening competitiveness, streamlining operations and increasing customer focus. The new brand creates a visual representation for that structure. Under the new structure, Fluor Corp. is the parent to four distinct enterprises: Fluor Daniel, Fluor Global Services, Fluor Signature Services and A.T. Massey. This new structure provides clear accountability and performance measurement, allows each enterprise to become more discriminating in selecting assignments, and separates competencies into distinct businesses to create more focus and transparency to the outside world. Finally, it makes marketing Fluor's family of services simpler.

"Fluor is a company changing structurally and culturally to better meet the needs of our customers," said Philip J. Carroll, Fluor chief executive officer. "By providing a clear brand identity for each of our enterprises, we can better serve those customers and become a stronger competitor in the marketplace."

The new visual identity system includes:

--   A new look for Fluor Corp., the parent company.
 
-- A logo update to the Fluor Daniel brand. The Fluor Daniel logo
now incorporates a tagline that identifies it as a Fluor
Corp. company. Fluor Daniel is among the world's largest
engineering and construction companies. The new structure
removes non-core competencies from Fluor Daniel to allow this
enterprise to focus on what it does best -- provide
engineering, procurement, construction and construction
management services through a worldwide network of offices.
 
-- A new logo for the new Fluor Global Services. The new logo
incorporates visual elements of Fluor Corp. while also
establishing a separate identity from Fluor Daniel. Fluor
Global Services is comprised of high-growth businesses that
reach beyond Fluor Daniel's traditional strengths. Fluor
Global Services provides an incubator atmosphere for growth
businesses and creates the potential for Fluor Corp. to
diversify its revenue stream. Businesses in this unit include
Operations and Maintenance, Consulting, Telecommunications,
Federal Services, American Equipment Co. (Ameco) and TRS
Staffing Solutions.
 
-- A logo for Fluor Signature Services that incorporates core
visual elements of the Fluor Corp. brand with a stylized
"signature." Fluor Signature Services provides professional
business administrative services, including Finance,
Information Technology, Human Resources, Safety, Office
Services and Performance Solutions for the other Fluor
businesses. Fluor Signature Services is a for-profit
"business within a business" providing the best administrative
services possible at highly competitive market rates.
 
-- A simple logo update for A.T. Massey. A.T. Massey is one of
the largest coal producers in the United States, generating
high-quality, low-sulfur steam coal for the power industry and
industrial consumers, and metallurgical coal for the steel
industry. Updates to its identity include a simple endorsement
line that identifies it as a Fluor company.

Fluor will extend the branding program to its business units housed under each enterprise. In addition, the company will redesign and launch new marketing and collateral materials incorporating the new brand architecture within the next several months.

Fluor Corp., with 1998 revenues of $13.5 billion, conducts business on a global basis in the fields of engineering, procurement and construction, global services and coal production.

Fluor Corp., Aliso ViejoGeorge Palmer (media relations), 949/349-6311orLila Churney (investor relations), 949/349-3909

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