Fluor's Joint Venture With Austin Bridge & Road – Lone Star Constructors, NEX – Breaks Ground On Phase 1 Of I-35 NEX South Project In San Antonio
Portfolio Pulse from Benzinga Newsdesk
Fluor's joint venture with Austin Bridge & Road, Lone Star Constructors, has commenced Phase 1 of the I-35 NEX South project in San Antonio. The $700 million design-build project was awarded to Fluor in Q2 2023 and includes the addition of three elevated lanes along I-35.
May 16, 2024 | 12:07 pm
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Fluor's joint venture with Austin Bridge & Road has started Phase 1 of the I-35 NEX South project, a $700 million design-build initiative. This project is expected to enhance Fluor's revenue and market position in the infrastructure sector.
The commencement of a $700 million project is a significant milestone for Fluor, likely to positively impact its revenue and market position. The project highlights Fluor's capabilities in large-scale infrastructure projects, which could attract further contracts.
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