IRVING, Texas & HELSINKI, Finland--()--Fluor Corporation announced today that it has signed an agreement with an experienced nuclear industry firm to support its bid to build the Olkiluoto 4 Nuclear Power Plant. Under the terms of the memorandum of understanding Fluor will have the opportunity to subcontract work to Elektrobudowa for electrical construction services. Fluor is teamed with GE Hitachi to deliver its Economic Simplified Boiling Water Reactor (ESBWR) nuclear technology for the Olkiluoto 4 project.
“This relationship, coupled with other evolving agreements, reflects our Baltic Region localization focus as we develop our project teams for the Olkiluoto 4 project and in preparation for other nuclear new-build opportunities in the region”
“Elektrobudowa has a strong experience record and is a great addition to our delivery team,” said Chris Tye, Fluor’s senior vice president for its nuclear business line. “The company’s current nuclear electrical construction experience in Finland adds significant value and better positions us to be successful in being the vendor of choice to deliver TVO’s next nuclear power plant.”
“This relationship, coupled with other evolving agreements, reflects our Baltic Region localization focus as we develop our project teams for the Olkiluoto 4 project and in preparation for other nuclear new-build opportunities in the region,” said David Boone, Fluor’s director of international nuclear projects.
Fluor continues to round out its engineering, procurement and construction delivery team with other local and regional suppliers and subcontractors in preparation for its joint bid with GE Hitachi for the Olkiluoto 4 nuclear project.
About Fluor Corporation
Fluor Corporation (NYSE: FLR) designs, builds and maintains many of the world's most challenging and complex projects. Founded in 1912, the company was started by John Simon Fluor Sr. with a modest investment of $100. Since those humble beginnings, the company has grown into one of the largest engineering & construction companies in the world. Fluor is celebrating its 100th anniversary during 2012.
Today, through its global network of offices on six continents, the company provides comprehensive capabilities and world-class expertise in engineering, procurement, construction, commissioning, operations, maintenance and project management. Headquartered in Irving, Texas, Fluor is a FORTUNE 200 company and had revenue of $23.4 billion in 2011. For more information, visit www.fluor100.com and www.fluor.com.