Markets
U.S. open in 29 hrs, 43 mins
BUSINESS NEWS
- Market News
- Earnings
- Recalls
- Recession Watch
- Tech News
- Financial Crisis
- Madoff Scandal
- BloggingStocks
- Luxist
- Money Videos
INVESTING
- Stock Quotes
- Stock Charts
- Stock Ticker
- Currencies
- Portfolio
- Stock Screener
- Broker Center
- Mutual Fund Center
- ETF Center
- Money
- 24/7 Wall St.
- Financial Glossary
PERSONAL FINANCE AT WALLETPOP
- Bargains
- Banking
- Budget
- Calculators
- College Finance
- Community
- Credit
- Deals
- Debt
- Economizer
- Food
- Home
- Fraud
- Insurance
- Interest Rates
- Loans
- Mortgages
- Real Estate
- Recalls
- Recession
- Retirement
- Saving
- Simplification
- Specials
- Taxes
SMALL BUSINESS
Fluor Reaches 10 Million Safe Work Hours at Luminant’s Oak Grove Project
Business Wire
Fluor Corporation (NYSE: FLR) announced today that Luminant’s Oak Grove
Power Plant project in Franklin, Texas, for which the firm is the
engineering, procurement and construction contractor, recently achieved
a significant safety milestone of 10 million safe work hours.
“The health and safety of our employees is one of Fluor’s core values.
We strive to deliver quality and schedule proficiency while accentuating
focus on health, safety and environmental excellence in all phases of
project execution,” said Dave Dunning, Fluor’s Power Group president.
“For the Oak Grove project, this exceptional safety performance began
with initial project construction in July 2006 and has fostered a new
standard of HSE expectations.”
“This accomplishment of working 10 million safe work hours in a wide
array of challenging construction environments while maintaining an
aggressive schedule is truly a reflection of extraordinary teamwork
between our project team and Luminant,” said Jim Mackey, Fluor’s vice
president for the Power Group’s solid fuel business line.
At the height of the project, site-based personnel employed by Fluor
peaked at nearly 2,400 workers. When complete, the Oak Grove Power Plant
will consist of two lignite-fueled power generation units that deliver
1,600 megawatts of power, enough to serve nearly 1 million Texas homes.
Oak Grove’s emissions rates will be lower than any existing lignite
plant in the state and at least 75 percent lower than the average for
coal plants.
About Fluor
Fluor Corporation (NYSE: FLR) designs, builds and maintains many of the
world's most challenging and complex projects. Through its global
network of offices on six continents, the company provides comprehensive
capabilities and world-class expertise in the fields of engineering,
procurement, construction, commissioning, operations, maintenance and
project management. Headquartered in Irving, Texas, Fluor is a FORTUNE
200 company and had revenues of $22.3 billion in 2008. For more
information, visit
www.fluor.com
.
About Luminant
Luminant, a subsidiary of Energy Future Holdings Corp., is a competitive
power generation business, including mining, wholesale marketing and
trading, construction and development operations. Luminant has more than
16,100 megawatts of existing generation in Texas, including 2,300 MW
fueled by nuclear power and 5,800 MW fueled by coal. Luminant is
constructing an additional 2,200 MW of coal-fueled generation capacity,
which is expected to begin commercial operation in 2009 and 2010. The
company is also the largest purchaser of wind-generated electricity in
Texas and fifth largest in the United States. EFH is a Dallas-based
energy holding company that has a portfolio of competitive and regulated
energy subsidiaries, primarily in Texas. Visit
www.luminant.com
or
www.energyfutureholdings.com
for additional information.
Copyright Business Wire 2009
2009-11-11 07:56:00
COMMENTS ( 0 )
Latest Money News
CNNMoney
- Talk about a low interest rate: U.S. Treasury borrows $44 billion for less than 1%
- Google set to map the world - and push out GPS makers as a result?
- Washington Mutual gave a mortgage to O.J. Simpson
- Closing Bell: Economic Catapult for Thanksgiving & Black Friday (WMT, TGT, GRMN, GOOG, MSFT)
- Deere up on Q4 earnings performance