Word: fluor
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Most construction companies have been hurt by sharp cutbacks in corporate capital spending plans. But not Fluor Corp. Riding the crest of a mighty global wave of spending for energy projects-pipelines, drilling rigs, refineries-the Los Angeles-based engineering firm has won more business than almost any other heavy construction firm. It has a current backlog of projects worth an incredible $10 billion...
What makes this record doubly remarkable is that the company was in trouble as recently as 1972. Its major clients, the oil and petrochemical industries, sensed that they had enough facilities worldwide and virtually stopped building. Instead of paring his payroll as competitors were doing, Chairman J. Robert Fluor kept several hundred of his top engineers and designers. He also maintained a team to work for the Arabian American Oil Co. (Aramco) and opened three new offices overseas. Each of these decisions he explained as an "investment in the future...
...Boston & Maine R.R. 200% Comsat 166% King's Department Stores 155% Sunshine Mining 139% Fluor Corp. 133% Erie-Lackawanna R.R. 130% Chicago & North Western R.R. 127% Evans Products 121% Chicago Great Western R.R. 119% I-T-E Circuit Breaker...
...economical ways for converting salt and brackish water into fresh water. To rind the best methods the U.S. is building five demonstration plants across the nation, each using a different system of making fresh water. The first plant at Freeport will be followed by a plant designed by the Fluor Corp. at Point Loma in San Diego. It will produce 1,000,000 gallons a day, using atomic energy as the heat source for distillation. Its goal: water at a cost of 42? per 1,000 gallons...
President Cárdenas had several reasons for changing his mind. In the folds of Mexico's hills lie great deposits of antimony, manganese, mercury, tungsten, fluor spar, molybdenum. But big producers have never worked them, have concentrated on gold, silver, zinc, copper. The other metals have been left to the Indians, who grub them out of the ground, trot down to the market centres with a pat of tungsten, a tin of mercury whenever they need money for tortillas or pulque. The sales to Japan helped prime small native industry...