Market Overview

Fluor Awarded Aluminum Manufacturing Facility for Ma'aden-Alcoa Joint Venture

Share:
Related FLR
16 Stocks Moving In Thursday's After-Hours Session
Earnings Scheduled For November 2, 2017
Robinson Value Management, Ltd. Buys Intel Corp, Fluor Corp, Murphy Oil Corp, Sells Mylan NV, ... (GuruFocus)

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.

Posted-In: News Contracts Press Releases

 

Related Articles (AA + FLR)

View Comments and Join the Discussion!

Partner Center