Fluor 2013 Annual Report Download - page 20

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INDUSTRIAL SERVICES
One of our greatest advantages when pursuing
and executing manufacturing projects is that
we have operations and maintenance (O&M)
experience in-house. Drawing on our O&M
expertise, we are able to help clients in a variety
of industries determine the long-term lifecycle
costs on their large capital projects. We can
design plants for better efficiency and longevity,
in order to lower the total operating costs over
the life of the plant. In 2013, we completed
a large flat-panel glass plant for Corning in
Beijing. Our clients value our capabilities, and
we see new opportunities with small capital
and maintenance projects in the oil and gas,
mining and industrial sectors.
THE BLUEPRINT
Populations are multiplying, cities are rapidly
expanding, and these trends will continue.
Escalating urbanization and improving
standards of living will drive enormous,
complex projects, which will drive Fluor’s
Industrial & Infrastructure awards well into the
future. Few companies can deliver projects
on the scale that Fluor can. Our extensive
capabilities in self-perform construction,
fabrication, modularization, global supply chain
and logistics, and our world-class workforce,
will ensure our success. We have built the
reputation, résumé and relationships to gain
the advantage on every bid list that bears
our name.
When mining activity returns, we are already
in place to capitalize. The same holds true for
our other businesses. Around the world, there
is huge pent-up demand for large infrastructure
projects. Many of these have gone through
the environmental approval process and are
now waiting for the funding to move forward.
When we reach an inflection point in the
economy, the floodgates will open for long-
delayed, badly needed mega-infrastructure
projects. We see it beginning in Europe and
North America, and in fact, we are actively
engaged in the pursuit of a number of sizeable
road and rail infrastructure programs which
we expect will drive new awards in 2014
and beyond.
INDUSTRIAL & INFRASTRUCTURE
CONTINUED