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Fluor-Led Team Selected for South Carolina Port Access Road Project

FLR

Port of Charleston is the fastest growing major container port in the U.S.

Fluor Corporation (NYSE: FLR) announced today that its joint venture team, Fluor-Lane South Carolina, comprised of Fluor and The Lane Construction Corporation, was selected by the South Carolina Department of Transportation (SCDOT) to design and build the Port Access Road Project in Charleston. The Port of Charleston is currently the fastest growing major container port in the U.S. The new roadway and structure project will provide direct access between the proposed marine container terminal located on the former Naval Base and Interstate 26. Fluor plans to book its share of the contract value in the second quarter of 2016.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160426006771/en/

Port access road rendering (Photo: Business Wire)

Port access road rendering (Photo: Business Wire)

The project’s scope will include local roadway enhancements to safely integrate container terminal traffic with existing traffic; support local and regional planning policies and strategies; and minimize adverse impacts on nearby communities, the traveling public and the environment. The project consists of a new fully directional interchange on I-26, Bainbridge Connector Road, the extension of Stromboli Avenue and associated roadway improvements to surface streets to serve the proposed Naval Base Terminal. Construction is expected to start later this year with expected completion in late 2019.

“Fluor has been located in South Carolina for more than 80 years, and we are proud to partner with the South Carolina Department of Transportation and South Carolina Ports Authority to advance this important Port Access Road Project,” said Hans Dekker, president of Fluor’s infrastructure business. “We understand the economic importance of commerce and statewide impact the Port of Charleston has on this region. We believe our local team is uniquely qualified to deliver this design-build project on time and on budget by providing capital efficiency and integrated solutions to support the vitality of the fastest growing major container port in the U.S.”

About Fluor Corporation

Fluor Corporation (NYSE: FLR) is a global engineering, procurement, fabrication, construction and maintenance company that designs, builds and maintains capital-efficient facilities for its clients on six continents. For more than a century, Fluor has served clients by delivering innovative and integrated solutions for our clients across the globe. With headquarters in Irving, Texas, Fluor ranks 136 on the FORTUNE 500 list with revenue of $18.1 billion in 2015 and has 59,000 employees worldwide. For more information, please visit www.fluor.com or follow us on Twitter @FluorCorp.

Fluor Corporation
Media Relations:
Brian Mershon, 469-398-7621
or
Brett Turner, 864-281-6976
or
Investor Relations:
Geoff Telfer, 469-398-7070
or
Jason Landkamer, 469-398-7222



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