Fluor Takes Hit on Embassy Jobs - ENR.com | McGraw-Hill Construction
Keywords: equipment & materials, engineering news-record, analysis, ENR, management, government, business conditions, construction methods
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Delivery: Immediate Online Access
Publication Date: 13-NOV-06
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Article Description| Fluor Corp. announced Nov. 6 that its net earnings for the third quarter of 2006 dropped to $27 million from $131 million last year, due in large part to cost overruns on a series of U.S. embassy projects. Fluor recorded losses of $133 million on U.S. embassy projects, primarily in Haiti, Kazakhstan and Jamaica, as well as $13 million on a construction ... |
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