Fluor Corporation Experiences Record Profits in 2008

SUGAR LAND--February 27, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--Engineering, procurement and construction giant Fluor Corporation (NYSE:FLR) (Irving, Texas) recently announced results for the 2008 fiscal year, which proved to be quite a strong year for the company in terms of both profits and awarded projects. Net earnings for the company were $720.5 million for the year, up 35% from $533.3 million in the 2007 fiscal year. The company received a record $25.1 billion of new awards during 2008. Industrial Info is currently monitoring more than 230 Fluor projects in 19 countries with a combined estimated value of more than $77.5 billion.