The firm is valued at $1.9B in link with NASDAQ-traded investor, but Fluor stays a majority stakeholder and exclusive engineer-builder of planned small reactors for global clients.
Contractor is tapped as "delivery partner" for 9.7-mile rapid transit line, but officials are vague as to when two major construction contracts will be awarded next year, and a third bid.
The venture capital and technology investment arm of Boston-based contractor and real estate firm Suffolk started a startup accelerator to bring construction technology companies together to expand their networks and raise funding.
45-year veteran CEO Ray O'Rourke would step down by September, replaced by Seamus French, a mining giant top exec who joins the London contractor as managing director in January.
New York City Housing Authority tenant associations picked Related Companies and Essence Development for renovations and building management through a PACT conversion.
Fluor-led team gains performance-based award to manage construction and operations at DOE Oak Ridge, Tenn. and Texas-based Pantex complexes valued at up to $2.8B annually for a possible 10 years.
Dec. 3 ruling in conservative court supports claim of unclear government authority, halting order only in Kentucky, Ohio and Tennessee; separately, Cincinnati court declines government request to accelerate appeal of halt to OSHA vaccine rule for large private employers, and NYC orders new mandate for all businesses.
Utility stops construction following Nov. 2 voter rejection of the transmission corridor, but awaits a court ruling to enjoin the vote. A state agency on Nov. 23 suspended a project environmental permit that also halts work.