SOURCE: Industrial Info Resources

Industrial Info Resources

February 24, 2011 06:20 ET

Fluor Takes Hits in 2010, but Sees Strong Future With Many New Projects Awarded, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - February 24, 2011) -  Researched by Industrial Info Resources (Sugar Land, Texas) -- Leading engineering, procurement, construction and project management firm Fluor Corporation (NYSE:FLR) (Irving, Texas) saw mixed results in fourth-quarter and full-year 2010, as the Oil & Gas and Industrial & Infrastructure segments suffered declines and the company was awarded a record value in new projects. Net earnings were reported to be $117.1 million for the quarter, a 21.25% decrease from fourth-quarter 2009, and $357.5 million for the year, a 47.8% decrease from 2009.

Industrial Info is tracking 186 active projects worldwide involving Fluor that are worth a total of more than $90 billion. For more information, visit Industrial Info's North American Project Database.

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at, or browse other breaking industrial news stories at

Industrial Info Resources (IIR) is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. IIR's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. For more information send inquiries to or visit us online at

Follow us on: Facebook - Twitter - LinkedIn - Vimeo