Fluor Investor Relations Material

Fluor Corporation is an American company with multinational operations that specializes in engineering and construction. The company has grown to become one of the largest and most diverse providers of engineering, procurement, construction, maintenance, and project management services globally. Fluor operates across various sectors including oil and gas, chemicals, mining, metals, infrastructure, power, renewable energy, and government projects. It is headquartered in Irving, Texas, and its shares are listed on the NYSE.

The modern form of the company was founded in 1912 as Fluor Construction Company in Santa Ana, California. Fluor's expertise in building and maintaining oil refineries, pipelines, and other infrastructure projects became the cornerstone of its growth. The 1940s marked a significant turning point for Fluor, as it began taking on larger projects, including the construction of factories during World War II. The post-war era saw further diversification, as the company ventured into nuclear and aerospace industries, underpinning its reputation for tackling complex engineering projects. Throughout the latter half of the 20th century and into the 21st century, Fluor continued to expand globally, diversifying its portfolio to include not only services for the oil and gas industry, but also mining, power generation, and other industrial sectors.

Fluor operates as a holding company, offering a range of services through its subsidiaries. A significant portion of Fluor's business is rooted in the oil and gas industry, but its expertise stretches into other sectors as well. This includes the design and construction of power plants, petrochemical factories, and mining facilities, as well as the development of essential infrastructure like roads and bridges. Government buildings and manufacturing facilities are also part of Fluor's project portfolio. The company has become known for tackling large and complex construction projects which is a large part of its company DNA. Some publicly traded companies offering similar services are Jacobs Solutions, AECOM, and KBR.

A key aspect of Fluor's operations is large-scale project management. The company is well known for its expertise in handling intricate projects that require meticulous planning, design, engineering, and construction management. These projects often entail the development of industrial facilities, such as refineries, power plants, manufacturing units, and other complex structures. Fluor's role typically encompasses the entire lifecycle of these projects, from the initial conceptual design through to the final stages of construction and commissioning.