TEXAS SPOTLIGHT
Access to Clients Drives HQ Move
"Bear in mind that 60 percent to 65 percent of our revenues are generated by the oil and gas industry, and about 80 percent of our clients are located either on the East Coast or in Texas," says Stuart Essery, Fluor's director of corporate real estate. "From a geographic point of view, it made more sense to be located nearer where they are. And being in Texas gives us a two- hour- more- favorable time zone from which to deal with those clients." Essery says Fluor's growth now and for the foreseeable future is outside the United States, particularly in the former Soviet Union and the Middle East. "DFW Airport gives us very good transportation access to those markets and to the East Coast, and obviously to Texas. Those were the driving forces behind our relocating to the Dallas area." |
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