Fluor Wins FEED Contract for Heidelberg Materials' GeZero Project
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Fluor Corporation (FLR) has secured a Front-End Engineering Design (FEED) contract for Heidelberg Materials' GeZero project at the Geseke cement production facility. This contract is expected to enhance FLR's growing backlog level.
December 05, 2024 | 5:00 pm
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Fluor Corporation has won a FEED contract for Heidelberg Materials' GeZero project, which is expected to increase its backlog and potentially improve revenue streams.
The contract win for the GeZero project is significant for Fluor as it adds to the company's backlog, indicating potential future revenue growth. This development is likely to positively impact FLR's stock price in the short term as it strengthens its project pipeline.
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