Fluor CEO Stresses Firm’s Growth Plan

Fluor Corp. Chairman and Chief Executive Les McCraw stressed the theme of growth to shareholders at the company’s annual meeting Tuesday at the Hyatt Regency Irvine, saying that consistent, long-term growth is a “brass ring” that few companies ever grasp firmly.

McCraw attributed Fluor’s growth thus far, including a 15% earnings increase to $192 million for the year, to a diversification strategy mapped out several years ago. Separately, Fluor’s board declared a quarterly cash dividend of 15 cents per share on its common stock, payable April 18 to holders of record at the close of business March 28.