An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
Fluor Awarded More Than $1 Billion in Life Sciences Contracts
Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
Fluor Corporation has been awarded a $487 million biotech expansion project in Denmark and is mobilizing resources for a $574 million life sciences production facility in the central U.S. These projects will be recognized in the second quarter backlog. Richard Meserole, president of Fluor's Advanced Technologies & Life Sciences business, expressed excitement about the investments being made globally in cutting-edge technologies and pharmaceuticals.
Positive
None.
Negative
None.
IRVING, Texas--(BUSINESS WIRE)--
Fluor Corporation (NYSE: FLR) announced today that it has been awarded a $487 million biotech expansion project in Denmark and is also mobilizing resources in the central U.S. for the first phase of a new life sciences production facility valued at $574 million. Fluor will recognize these reimbursable contracts in the second quarter backlog.
“We are excited to see the significant investments being made globally in the production of cutting-edge technologies and pharmaceuticals that will improve the lives of billions of people,” said Richard Meserole, president of Fluor’s Advanced Technologies & Life Sciences business. “Delivering these projects will help to increase the speed-to-market and meet the overwhelming demand for new medicines.”
About Fluor Corporation
Fluor Corporation (NYSE: FLR) is building a better world by applying world-class expertise to solve its clients’ greatest challenges. Fluor’s 40,000 employees provide professional and technical solutions that deliver safe, well-executed, capital-efficient projects to clients around the world. Fluor had revenue of $13.7 billion in 2022 and is ranked 303 among the Fortune 500 companies. With headquarters in Irving, Texas, Fluor has provided engineering, procurement and construction services for more than 110 years. For more information, please visit www.fluor.com or follow Fluor on Twitter, LinkedIn, Facebook and YouTube.
