March 25, 1997 |
In the first of a series of job cuts to help slash costs by $100 million a year, Fluor Daniel Inc. said Monday it will reorganize its Chicago office, laying off or reassigning 100 of the 390 workers there. While Fluor officials won't comment on specifics of their cost-cutting plan, more layoffs are sure to be a part of it. As with most service companies, payroll costs are a big part of Fluor's $1.6 billion in annual operating expenses.
February 28, 1997
Fluor Daniel said it has received a contract from Amoco Chemical Co., a unit of Amoco Corp., to expand Amoco Chemical's paraxylene plant in Decatur, Ala. Terms weren't disclosed. The expansion project will increase the plant's capacity by 350,000 metric tons a year. Paraxylene is used primarily as a feedstock to make purified terephthalic acid, which in turn is used to make polyester.
January 10, 1997
Fluor Daniel said Thursday it has received two contracts valued at $30 million to manage a $400-million refinery modernization project in Poland. Fluor Daniel is serving as managing contractor with Polish partners Prosynchem and Prochem for the Rafineria Gdanska S.A. project. They will manage design, procurement and construction of a hydrocracker, hydrogen plant, sulfur plant and other units.
December 11, 1996
Fluor Daniel Inc. said Tuesday it has formed a partnership with a company in India to undertake industrial engineering and construction work there. The agreement involves the Irvine company's Indian unit, Fluor Daniel India Pvt Ltd., and Tata Iron & Steel Co.'s India unit, Tata Technodyne Ltd. Financial terms were not disclosed.
December 9, 1996
ICA Fluor Daniel has won a $50 million contract to build a truck assembly plant for Navistar International Corp. The plant, which will be located in Escobedo, in the northern Mexican state of Nuevo Leon, will have a production capacity of 65 units a day. It will also be designed to paint medium and heavy trucks. Under the contract, ICA Fluor Daniel will build three assembly buildings, a main office headquarters and some auxiliary facilities.
October 25, 1996
Fluor Daniel Corp. may get a seven-year contract worth as much as $150 million to design and manage improvements at the Energy Department's Los Alamos National Laboratory in New Mexico, the department said Thursday. The contract, which involves as much as $800 million in improvements to some of the laboratory's nuclear facilities, could be awarded within a month, the DOE said.
August 15, 1996
Fluor Daniel Inc. has awarded a $565-million subcontract to a Reston, Va., company to help clean up a former nuclear weapons plant near Richland, Wash. Fluor received a $5-billion Department of Energy contract as prime contractor for the cleanup project. The five-year subcontract for waste remediation and pollution cleanup at the Hanford site was awarded to DynCorp Inc. The company's wholly owned subsidiary, DynCorp Tri-Cities Services Inc.
August 7, 1996 |
The Energy Department, taking a major step in reforming the long-troubled program to clean up the nation's contaminated nuclear weapons sites, awarded contracts Tuesday worth $11 billion to teams headed by Fluor Daniel Inc. and Westinghouse Corp. In its largest contract ever, worth $4.8 billion over five years, Irvine-based Fluor Daniel will take over responsibility for managing a cleanup at Hanford, Wash.