Fluor Awarded Aluminum Manufacturing Facility for Ma'aden-Alcoa Joint Venture
Fluor Corporation (NYSE: FLR) announced today that it was awarded a contract by the joint venture comprising Ma'aden and Alcoa (NYSE: AA) to provide engineering, procurement, and construction management (EPCM) services for the previously announced automotive sheet facility at Ras Al-Khair in Saudi Arabia. Fluor booked $337 million into backlog in the second quarter of 2012.
Fluor's scope of work includes designing, constructing and commissioning the plant, which will have the capability to produce a range of products suitable for further downstream manufacturing in the aluminum complex. These products include automotive heat-treated and non-heat-treated sheet, building and construction sheet and foil stock sheet.
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