Fluor Corp was incorporated in Delaware on September 11, 2000. The Company, through its subsidiaries provides professional services in the fields of engineering, procurement, construction and maintenance as well as project management services. It serves industries including oil and gas, chemicals and petrochemicals, transportation, mining and metals, power, life sciences and manufacturing. It is also a main service provider to the U.S. federal government. It performs operations and maintenance activities for industrial clients and, in some cases, operate and maintain its equipment fleet. Its five principal operating segments: Oil & Gas, Industrial & Infrastructure, Government, Global Services and Power. Through its Oil & Gas segment, it has long served the oil and gas production and processing industries as an integrated service provider offering a full range of design, engineering, procurement, construction and project management services to a spectrum of energy-related industries. The Company serves a number of specific industries including upstream oil and gas production, downstream refining, chemicals and petrochemicals. The Industrial & Infrastructure segment provides design, engineering, procurement and construction services to the transportation, wind power, mining and metals, life sciences, telecommunications, manufacturing, commercial and institutional development, microelectronics and healthcare sectors. These projects often require application of its clients' processes and intellectual knowledge. It focuses on providing its clients with solutions to reduce and contain cost and to compress delivery schedules. Fluor's Government Group is a provider of engineering, construction, logistics support, contingency response and management and operations services to the U.S. government. It is mainly focused on the Department of Energy, the Department of Homeland Security and increasingly the Department of Defense. The Global Services segment integrates a variety of customized service capabilities that assist industrial clients in improving the performance of its plants and facilities. Capabilities within Global Services include operations and maintenance activities, small capital project engineering and execution, site equipment and tool services, industrial fleet services, plant turnaround services and temporary staffing. In the Power segment, it provides a full range of services to the gas fueled, solid fueled, renewables, nuclear and plant betterment marketplaces. The Company services include engineering, procurement, construction, program management, start-up and commissioning, and operations and maintenance. A number of companies are competing in the markets served by its business, including U.S. companies such as Bechtel Group, Inc., CH2M Hill Companies, Ltd., Jacobs Engineering Group, Inc., KBR Inc. and URS Corporation, and international-based companies such as AMEC PLC, Balfour Beatty, Chicago Bridge and Iron Company N.V., Chiyoda Corporation, Foster Wheeler AG, Hyundai Engineering & Construction Company, JGC Corporation, McDermott International, Inc., Samsung Engineering, Technip and WorleyParsons Limited. The Company is subject to governmental laws and regulations.
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