1、Improving Everyday LifeFLUOR CORPORATION 2008 ANNUAL REPORTThis annual report contains statements that may constitute forward-looking statements involving risks and uncertainties,including statements about our projected earning levels for calendar year 2009,market outlook,new awards,backlog levels,c
2、ompetition,the adequacy of funds to service debt,and implementation of strategic initiatives and organizational changes.These forward-looking statements refl ect the companys current analysis of existing information as of the date of this annual report and are subject to various risks and uncertaint
3、ies.As a result,caution must be exercised in relying on forward-looking statements.Due to known and unknown risks,the companys actual results may differ materially from our expectations or projections.Additional information concerning factors that may infl uence Fluors results can be found in the Fo
4、rm 10-K that follows this annual report under the heading“Item 1A-Risk Factors.”FORWARD-LOOKING STATEMENTSFluor Corporation(NYSE:FLR)is one of the world s largest publicly traded engineering,procurement,construction,maintenance and project management companies.Over the past century,Fluor,through its
5、 operating subsidiaries,has become a trusted global leader in providing exceptional services and technical knowledge.Clients rely on Fluor to deliver world-class solutions that optimize their assets,improve their competitive position and increase their long-term business success.Consistently rated a
6、s one of the world s safest contractors,Fluor s primary objective is to develop and execute projects on schedule,within budget and with excellence.Fluor is a FORTUNE 500 company with 42,000 employees operating globally.Table of ContentsLetter to Shareholders.1Our Operations .4Oil&Gas.12Industrial&In