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Fluor Global Services provides an array of services outside of those offered by Fluor Daniel, including construction and industrial equipment rental, sales, and service through American Equipment Company ; staffing services—temporary, contract, and direct hire; operations, maintenance, and consulting services; and services for the governmental and telecommunications sectors.
Massey Coal Company unit, Fluor also has considerable investments in the coal industry, Fluor corporation research paper steam coal for the electric Fluor corporation research paper industry and metallurgical coal for the steel industry.
Fluor left his native country in at the age of 21, joining his two older brothers who had settled in Oshkosh, Wisconsin. Simon Fluor as president. Nine years later he traveled on his own to California and started a general construction business in Santa Ana under his own name.
The Southern California Gas Company asked him to build an office and numerous meter shops inand afterward Fluor received a contract for a compressor station from Industrial Fuel Supply Company.
Fluor recognized that the emerging California petroleum industry held enormous potential, so in he began to tailor his engineering and construction work to meet the demands of the field.
Fluor received a contract to erect a cooling tower in Fluor soon began manufacturing the towers. He began manufacturing large engine mufflers, expanding the company from strictly engineering to engineering and construction. After outgrowing two different facilities, Fluor built new quarters in Los Angeles and consolidated all general offices in one building in In the mids, Fluor started involving his sons in the family business.
He retained the presidency untilalthough his sons ran the company. In need of additional capital inthe company reincorporated and changed its name to Fluor Corporation, Ltd. At the time of the reincorporation, Peter Fluor and his brother J.
The brothers initiated many employee benefit programs and were considered enlightened employers. Until Fluor operated primarily within California. The contract was for construction of compressor stations on an oil pipeline from Texas to Indiana. The company also opened a Kansas City office.
Thus many Fluor employees with sophisticated expertise worked as laborers until business improved. They were the Fluor aerator tower, patented in ; and the Fluor air-cooler muffler, patented in Early in the war years, Fluor had only a few months to develop facilities and personnel capable of producing high-octane gasoline and synthetic rubber.
Later, Sinclair Oil Company selected Fluor to design and build a sulfuric alkylation plant at its California refinery. Between andFluor facilities produced more than a third of all percent octane gasoline in the United Statesand the Fluor staff developed three patented procedures to improve oil and gas processing.
Peter Fluor succeeded him as president, and J. Peter Fluor died unexpectedly in at age An interim officer followed him in the presidency, and in the permanent successor, Donald Darnell, took over.
After a few years of declines in business, Fluor turned to the U. The company participated in construction of a large materials testing reactor for the Atomic Energy Commission in Arco, Idaho.
Many more assignments in the nuclear field followed. The company is renamed Fluor Brothers Construction Company. Fluor travels to California and starts his own general construction business. Fluor incorporates his business as Fluor Construction Company.
Company is reincorporated as Fluor Corporation, Ltd. Company enters the mining and metals industry through the purchase of Utah Construction and Mining Company. Engineering and construction activities are consolidated into Fluor Engineers and Constructors, Inc. Fluor divests all of its oil properties, some gold operations, and all its offshore drilling facilities.
McGraw takes over as CEO.
Decreasing profits lead to restructuring efforts and a pullback from the expansion program launched three years earlier. Major restructuring divides the company into five semiautonomous business units: Massey Coal, Fluor Constructors International, and Fluor Signature Services; Fluor Daniel is organized into five units, 15 of its offices are closed, and its workforce is reduced by 5, The immediate postwar years were a time of significant international expansion for the company; the firm secured contracts for refineries and natural gas plants in Canada and Venezuela.
The company formed its Gas-Gasoline Division in Houston in In the first half of the decade, Fluor actively diversified its operations, contracting work for the U. In the early s Fluor introduced a new technique that has since become standard in the industry:Zacks is the leading investment research firm focusing on stock research, analysis and recommendations.
Gain free stock research access to stock . Research and development laboratories for higher education and health-care projects Fluor offers program and construction management services on large mixed-use development projects.
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Fluor incorporated his business as Fluor Construction Company in with a capital investment of $, He began manufacturing large engine mufflers, expanding the company from strictly engineering to engineering and construction. Georgia Power’s plan to continue construction of its Vogtle nuclear expansion project comes with changes among the contractors, with Bechtel taking over the lead and Fluor Corp., which has long.
Fluor Corporation: Company Profile and SWOT Analysis Fluor Corporation: Company Profile and SWOT Analysis Synopsis World Market Intelligence's "Fluor Corporation: Company Profile and SWOT - Market research report and industry analysis -