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Suits Construction Industry

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October 14, 1998 | JOHN O'DELL, TIMES STAFF WRITER
Breaking more than a year of silence on the issue, Fluor Corp. said Tuesday that it has sued General Electric Corp. for more than $160 million in a dispute over cost overruns at a giant power plant in Saudi Arabia. The overruns were part of a double blow that caused Fluor, an Irvine-based construction and engineering giant, to take a charge last year of more than $120 million in losses on two contracts--the G.E.
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BUSINESS
October 14, 1998 | JOHN O'DELL, TIMES STAFF WRITER
Breaking more than a year of silence on the issue, Fluor Corp. said Tuesday that it has sued General Electric Corp. for more than $160 million in a dispute over cost overruns at a giant power plant in Saudi Arabia. The overruns were part of a double blow that caused Fluor, an Irvine-based construction and engineering giant, to take a charge last year of more than $120 million in losses on two contracts--the G.E.
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