corporation multinational engineering construction firm headquartered texas holding company provides services following areas oil gas industrial infrastructure government power largest engineering construction company fortune rankings lists overall rankings founded grew quickly predominantly building oil facilities oil gas industry california middle_east globally late 1960s began oil drilling coal mining raw materials like lead global recession oil gas industry losses mining operation led restructuring 1980s sold oil operations construction work broader range services industries 1990s introduced new services like equipment nuclear waste cleanup projects environmental work significant portion revenues company projects related manhattan_project rebuilding iraq war recovering hurricane katrina building corporate history early history predecessor founded brothers wisconsin saw paper mill acted president contributed personal savings help business started company renamed moved california health reasons brothers founded garage business annual revenues million dollars staff employees delegated company operations sons peter simon capital investment year incorporated john eldest son peter served head sales grew company million million dollars revenues company incorporated 1930s operations europe middle_east australia business declined rapidly great depression picked world war war manufactured synthetic rubber responsible substantial portion high gasoline production united_states gas gasoline division created houston headquarters moved los_angeles order closer oil gas clients moving california 1960s concerns cost living traffic died succeeded son died years later peter followed bob listed 1950s acquired interest construction design contracting firm restructuring business extensively companies merged division called started deep water oil exploration business houston called created houston acquired interest fossil fuel operations 1970s acquired construction company engineering division prior partner australia bought land california started building new headquarters following year company oil gas operations consolidated new entity acquired business predominantly international billion construction business domestic acquisition allowed company use union labor non union labor daniel client billion acquisition gold lead coal mining operation bidding competition business 1980s primary business building large plants oil facilities gas oil industry especially middle_east staff grown revenue profits increased percent prior year mining operation causing heavy losses oil gas industry served worldwide recession declining oil prices went billion billion reported million losses took place ceo bob died cancer led difficult restructuring company sold million assets including headquarters order pay billion debt staff reduced sold oil assets gold mining operations merged forming returned million profits million end restructuring major divisions construction international division smaller started named largest construction engineering company united_states international revenues rebounded having postponed retirement help stepped end replaced recent history restructuring core construction engineering work industries including food paper manufacturers prisons reduce vulnerability market changes oil gas market 1990s company tried change image calling technical services firm started offering equipment services financing construction projects company began offering environmental cleanup pollution control services grew half new business mining business grew million billion government passed environmental regulations led growth business large reserves low coal sold ownership world largest producer refined lead losing money time declining lead prices revenues billion staff revenues fell percent asian financial crisis decrease overseas business additionally suffered losses budget power plant project saudi_arabia sub contractor general_electric project sued alleging complexity project revenues declined following year profits increasing nearly workers laid offices closed structured business groups engineering construction firm called equipment rental telecommunications division called coal mining business called administrative support division called january age resigned diagnosed cancer replaced shell president year group purchased percent interest environmental division million years later coal mining operation spun business primary consolidated single appointed ceo followed headquarters moved area texas december announced dutch industrial services company acquisition company maintains large power plants completed march stock purchase worth million organization largest construction engineering company fortune largest company ranking overall offices countries operations located near natural resources canada oil reserves middle_east mines australia percent revenues based united_states family owns percent interest company employees percent profit sharing program independent directors ceo independent directors elect lead independent director years acts liaison ceo independent director committees executive governance organization compensation directors serve year term elected shareholders corporate officers ceo elected year vote board received ranking anti corruption study company hosts online person anti corruption training sessions staff operates ethics ceo helped create companies agree set ethics principles analysis said environmental work company brand image lengthy unpredictable legal disputes company brand image customer confidence according los_angeles_times major corporate citizen supports local charities civic groups started charitable work company started largest employer sponsored program california year program designers operates virtual college employees called services holding company provides services provide engineering construction maintenance project management services company developed pollution control products lineup carbon capture products according annual report percent work oil gas industry according company website work includes designing building power plants factories mining facilities roads bridges government buildings manufacturing facilities company performs nuclear cleanup services separate teams experts staff project managers workers provided large projects supported centralized administrative staff trained craft workers indonesia philippines korea pakistan kuwait countries needed labor skills weren available locally serve clients joint venture construction firm local infrastructure niche expertise needed acquired shares bought percent interest facility indonesia million invested million fund finance energy projects majority interest developing new type nuclear called small notable projects projects constructing grading roads 1920s known building public facilities industrial complexes serving growing california oil gas industry started building office meter manufacturing facilities station built tower california tower design water cooling tower named temples resemble following year awarded contract build day gasoline plant father wishes expanded business outside california 1930s built texas oil stations panhandle texas indianapolis indiana constructed chile second largest copper world constructed cooling towers facilities washington manhattan_project built expansion saudi_arabia united_states_army 1950s accepted international project middle_east 1960s 1970s built hydrogen kuwait exclusively offshore power plant constructed pumps ports traversed miles alaska world largest offshore facility natural gas island java indonesia awarded billion project saudi_arabia design facilities capture sour gas expelled oil wells waste order fuel year partially completed copper africa cancelled war neighboring region declining copper prices projects building united_states power plants served half world government owned oil companies working cleanup atomic energy plants ohio washington 1990s won contract clean nuclear waste contaminated nuclear site conducting billion billion cleanup site replaced project chemical explosion workers filed lawsuit alleging denied appropriate medical attention protective gear workers disagreed explosion resulted injuries fined safety violations year jury awarded million damages pipe claimed fired complaining valve rated pounds inch needed built las_vegas billion company awarded billion project help rebuild water power civic infrastructure iraq iraq war built rail line europe missile sites arizona company provided disaster recovery services louisiana hurricane katrina provided workers cleanup oil tar beaches florida alabama horizon oil spill december awarded billion contract build new bridge hudson_river
Fluor Corporation