New Projects, Nuclear

Fluor nuclear labor agreement

12 April 2010– Fluor NE, a unit of Fluor Corp., signed a project labor agreement with the Building and Construction Trades Department of the AFL-CIO to provide skilled union labor to build two new nuclear power units at the South Texas Project near Houston.

About 6,000 workers are expected to work on the two reactors. STP 3 & 4 are being developed by Nuclear Innovation North America LLC, a nuclear development company jointly owned by NRG Energy and Toshiba America Nuclear Energy Corp., the U.S. unit of Toshiba Corp. Fluor is Toshiba’s engineering, procurement and construction subcontractor for the expansion.

New unit construction is expected to begin in 2012 once the project receives its combined license from the Nuclear Regulatory Commission. STP 3 is expected to come online in 2016 and STP 4 is expected to come online in 2017.

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