FLUOR CORPORATION (NYSE:FLR) Files An 8-K Regulation FD Disclosure

ME Staff 8-k

8 years ago

FLUOR CORPORATION (NYSE:FLR) Files An 8-K Regulation FD DisclosureItem 7.01. Regulation FD Disclosure.

Fluor Corporation (“Fluor”) is currently a party to two subcontracts with Westinghouse Electric Company LLC (“Westinghouse”) to manage the construction and construction workforce at nuclear power plant projects in Georgia (Vogtle) and South Carolina (V.C. Summer). On March 29, 2017, Westinghouse filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court, Southern District of New York. Fluor continues to work on the projects at both sites at the request of the owners. Fluor expects that it will be compensated by the owners of the projects for the previous and ongoing work at both projects.

Forward-Looking Statements

This document contains forward-looking statements. Such statements are based on management’s expectations as of the date hereof and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in our forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Unless otherwise required by applicable law, Fluor undertakes no obligation and does not intend to update these forward-looking statements, whether as a result of new information, future events or otherwise.

About FLUOR CORPORATION (NYSE:FLR)
Fluor Corporation (Fluor) is a holding company. The Company is a professional services company. The Company provides engineering, procurement, construction, fabrication and modularization, commissioning and maintenance, as well as project management services. It operates in five segments: Oil & Gas, Industrial & Infrastructure, Government, Global Services and Power. Through its Oil & Gas segment, Fluor serves the oil and gas production, processing, and chemical and petrochemical industries. The Industrial & Infrastructure segment provides design, engineering, procurement, construction, operations and maintenance, and project management services. The Government segment is a provider of engineering, construction, logistics, and environmental and nuclear services, among others. The Global Services segment provides a range of solutions to support projects across Fluor groups. In the Power segment, it provides a range of services to the gas-fueled and solid-fueled markets, among others. FLUOR CORPORATION (NYSE:FLR) Recent Trading Information
FLUOR CORPORATION (NYSE:FLR) closed its last trading session up +0.45 at 52.37 with 1,355,545 shares trading hands.