Fluor Team Selected for Gordie Howe International Bridge Project Connecting U.S. and Canada
IRVING, Texas (July 5, 2018) – Fluor Corporation (NYSE: FLR) announced today that Bridging North America, a partnership of Fluor and ACS Infrastructure Canada, was selected as the preferred proponent to design, build, finance, operate and maintain the Gordie Howe International Bridge project for Windsor-Detroit Bridge Authority (WDBA). Fluor plans to book its share of the design and construction contract value in the fourth quarter of 2018.
The Gordie Howe International Bridge project is a planned bridge and border crossing spanning the Detroit River and connecting Detroit, Michigan, U.S. and Windsor, Ontario, Canada by linking Interstate 75 and Interstate 96 in Michigan with the new extension of Highway 401 (Rt. Hon. Herb Gray Parkway) in Ontario.
“Fluor is pleased with the selection of our joint venture team to design, build, finance, operate and maintain this once-in-a-generation project,” said Terence Easton, president of Fluor’s infrastructure business. “We are looking forward to partnering with WDBA to reach financial close later this year and ultimately deliver a durable, long-lasting, landmark bridge with a unique visual presence for the local community and international travelers.”
Fluor and ACS Infrastructure Canada led the development phase of the project and will hold the prime contract. This is the second project in the Windsor-Detroit area where Fluor and ACS have partnered. Fluor and ACS recently delivered, and are currently operating and maintaining, the Rt. Hon. Herb Gray Parkway in Windsor, Ontario, that will connect to the Gordie Howe International Bridge.
This partnership will design and build the project, and when complete, this crossing will be the longest cable-stayed bridge in North America. The scope also includes building new, state-of-the-art ports of entry on both the U.S. and Canadian side of the Detroit River as well as improvements to existing infrastructure in both Michigan and Ontario. Early works will start this summer in advance of financial close, which is set for this fall.
Fluor and ACS will operate and maintain the facility for 30 years to performance standards that will be established by WDBA following completion.
About Fluor Corporation
Founded in 1912, Fluor Corporation (NYSE: FLR) is a global engineering, procurement, fabrication, construction and maintenance company that transforms the world by building prosperity and empowering progress. Fluor serves its clients by designing, building and maintaining safe, well executed, capital-efficient projects around the world. With headquarters in Irving, Texas, Fluor ranks 153 on the Fortune 500 list with revenue of $19.5 billion in 2017 and has more than 56,000 employees worldwide. For more information, please visit www.fluor.com or follow Fluor on Facebook, Twitter, LinkedIn and YouTube.