Fluor
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Fluor Corporation | |
Type of Company | Public NYSE: FLR |
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Founded | Oshkosh, Wisconsin (1890) (as Rudolph Fluor & Brothers) |
Headquarters | Irving, Texas, United States |
Key people | Alan L. Boeckmann, Chairman and Chief Executive Officer D. Michael Steuert, Chief Financial Officer |
Industry | Engineering, Procurement, and Construction, and Maintenance Services |
Revenue | $13.2 Billion USD (2006) |
Employees | More than 30,000 |
Website | www.fluor.com |
Fluor Corporation NYSE: FLR, is one of the world's largest publicly owned engineering, procurement, construction, and maintenance services organizations. Over the past century, Fluor, through its operating subsidiaries, has become a trusted global leader in providing exceptional services and technical knowledge. Clients rely on Fluor to deliver world-class solutions that optimize their assets, improve their competitive position, and increase their long-term business success. Consistently rated as one of the world's safest contractors, Fluor's primary objective is to develop, execute, and maintain projects on schedule, within budget, and with excellence.
Through their individual and collective expertise, more than 30,000 international employees provide cost-effective, intelligent solutions in a timely manner. Fluor maintains a network of offices in more than 25 countries across 6 continents. Outstanding dependability, expertise and safety distinguish Fluor as the preeminent global leader in the building services marketplace.
Fluor is a Fortune 500 company. Over the past six years, Fluor has ranked No. 1 four times on Fortune magazine's America's Most Admired Companies list in the “Engineering, Construction” category. Fluor is also the only U.S.-based company to be ranked on Fortune magazine's World's Most Admired Companies list in that same category.
Fluor serves clients in a wide variety of industries worldwide, including oil and gas, chemicals and petrochemicals, commercial and institutional, government services, life sciences, manufacturing, microelectronics, mining, power, telecommunications and transportation.
[edit] History, in Decades
Fluor incorporated in 1924, as Fluor Brothers Construction Company. During the 1920s, it developed expertise in the construction needs of the oil and gas markets.
- 1930s, became a major competitor in the construction of refineries.
- 1940s, went international, securing contracts in Canada, Venezuela, and Saudi Arabia.
- 1950s, contracted for nuclear power plant work, as well as with the US Air Force for work at the Dhahran Air Base.
- 1960s, constructed the first refinery in South Korea, and diversified into offshore drilling and mining.
- 1970s, acquired Daniel International Corporation.
- 1980s, changed name of its operating unit to Fluor Daniel.
- 1990s, acquired ADP and Marshall semiconductor project management companies.