Fluor Announces Agreement with Texas Central

Fluor Corporation (NYSE: FLR) announced today that an agreement was reached with Texas Central Rail Holdings, LLC (Texas Central), to advance the preliminary development of the 240-mile high-speed passenger rail line connecting Dallas/Fort Worth and Houston.

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Artist rendering of the Texas Central high-speed bullet train with Dallas in the background. (Photo: Business Wire)

“Fluor’s global expertise in developing the world’s largest megaprojects, matched with its ability to provide integrated solutions to clients across the globe, position the company well with Texas Central,” said Hans Dekker, president of Fluor’s infrastructure business line. “We will use our industry experience and proven track record of delivering high-speed rail projects to provide high-value services for this significant infrastructure project.”

Fluor will support Texas Central during the preliminary development by refining the project’s engineering, design-build cost estimate, schedule and construction planning, and potentially further phases of development. Under this agreement, after the development phase and financial close, Fluor and its partners would be the preferred design-builder of the project connecting North Texas and Houston.

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 its clients by delivering innovative and integrated solutions across the globe. With headquarters in Irving, Texas, Fluor ranks 149 on the Fortune 500 list with revenue of $19 billion in 2016 and has more than 60,000 employees worldwide. For more information, please visit www.fluor.com or follow Fluor on social media at Facebook, Twitter, LinkedIn and YouTube.

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Fluor CorporationMedia RelationsBrian Mershon, 469-398-7621orBrett Turner, 864-281-6976orInvestor RelationsGeoff Telfer, 469-398-7070orJason Landkamer, 469-398-7222