The Edison AwardsTM selected Fluor Corporation’s 3rd Gen Modular ExecutionSM as a Bronze Award winner for innovation at its annual event in New York City yesterday evening. The Edison Awards annually showcase the best of innovation and excellence in new products and services. Fluor was chosen in the Energy Management/Conservation category among dozens of entries.

As part of an integrated project solution, Fluor’s proprietary modular design and execution methodology, 3rd Gen Modular Execution, improves clients’ capital efficiency through reduced costs, improved safety, schedule predictability and a cleaner environmental footprint. These results are achieved by using design and execution solutions that reduce facility layouts by up to 60 percent over traditional methods.

“Our 3rd Gen Modular Execution approach is a significant step forward in project execution and is a game changer for our industry,” said Jason Kraynek, vice president of Fluor’s Business Transformation & Innovation group. “Our approach challenges traditional project design and execution practices, reducing clients’ capital costs by up to 20 percent. This award recognizes our innovative employees who develop unique solutions for our clients and highlights the value Fluor delivers on challenging and complex projects.”

“Our judges recognized Fluor’s 3rd Gen Modular Execution approach as a true innovator out of the many products in its category. Being recognized with an Edison Award has become one of the highest accolades a company can receive in the name of innovation and business,” said Frank Bonafilia, executive director of the Edison Awards.

The ballot of nominees for the Edison Awards was judged by a panel of more than 3,000 business executives, past award winners, academics and leaders in the fields of product development, design, engineering, science and medical. Nominees were judged on concept, value, delivery and impact.

About Fluor Corporation

Fluor Corporation (NYSE: FLR) is a global engineering and construction firm that designs and builds some of the world's most complex projects. The company creates and delivers innovative solutions for its clients in engineering, procurement, fabrication, construction, maintenance and project management on a global basis. For more than a century, Fluor has served clients in the energy, chemicals, government, industrial, infrastructure, mining and power market sectors. Headquartered in Irving, Texas, Fluor ranks 109 on the FORTUNE 500 list. With 40,000 employees worldwide, the company's revenue for 2014 was $21.5 billion. Visit Fluor at www.fluor.com and follow on Twitter @FluorCorp.

Fluor CorporationMedia Relations:Brian Mershon, 469-398-7621orInvestor Relations:Geoff Telfer, 469-398-7070orJason Landkamer, 469-398-7222

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