Fluor 2013 Annual Report Download - page 18

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Industrial &
Industrial &
Infrastructure
Infrastructure
Industrial &
Infrastructure
THE BLUEPRINT FOR
Fluor’s Industrial & Infrastructure business is driven by a trend that predates our
company by hundreds of years—population growth and the resulting urbanization.
For centuries, populations have migrated increasingly toward city living, driving
the need for major infrastructure development, manufacturing plants and the
raw materials that are the building blocks of these endeavors. NO MATTER
WHAT HAPPENS IN THE SHORT TERM, URBANIZATION WILL CONTINUE TO
ACCELERATE. PROJECTS WILL GROW IN SIZE AND COMPLEXITY, AND WE WILL
BE THERE TO DELIVER. It is against this backdrop that Industrial & Infrastructure
reported $6.6 billion in new awards, a backlog of $10.5 billion, and $476 million
in segment profit.
GROWTH
NEW AWARDS AND BACKLOG
NEW AWARDS AND BACKLOG
(Dollars in Billions)
(Dollars in Billions)
2011
2011
13.3
13.3
21.5
21.5
NEW AWARDS
NEW AWARDS
BACKLOG
BACKLOG
2012
2012
10.4
10.4
17.2
17.2
2013
2013
6.6
6.6
10.5
10.5
SEGMENT PROFIT
SEGMENT PROFIT
(Dollars in Millions)
(Dollars in Millions)
419
419
177
177
476
476
2011
2011
2012
2012
2013
2013