{"id":982397,"date":"2026-07-16T18:41:08","date_gmt":"2026-07-16T22:41:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/fluor-divests-equity-stake-in-mexico-jv\/"},"modified":"2026-07-16T18:41:08","modified_gmt":"2026-07-16T22:41:08","slug":"fluor-divests-equity-stake-in-mexico-jv","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/fluor-divests-equity-stake-in-mexico-jv\/","title":{"rendered":"Fluor Divests Equity Stake in Mexico JV"},"content":{"rendered":"

<\/p>\n

Fluor Divests Equity Stake in Mexico JV<\/b><\/p>\n

IRVING, Texas–(BUSINESS WIRE<\/a>)–Fluor Corporation<\/a> (NYSE: FLR) announced today that it has divested its equity stake in ICA-Fluor Daniel to its existing JV Partner, ICA for $175 million.<\/p>\n

\n\u201cSince the joint venture was formed in 1993, Fluor and ICA have successfully completed numerous projects in support of Mexico\u2019s oil and gas, power, mining and manufacturing markets,\u201d said Jim Breuer, Fluor\u2019s Chief Executive Officer. \u201cGiven our current strategic priorities and in agreement with our partner, we determined that this is the right time to conclude this long-standing JV, allowing ICA more opportunity to grow independently and Fluor to direct attention to other growth areas, while maintaining the ability to support ICA\u2019s efforts in Mexico on a project-by-project basis.\u201d<\/p>\n

\nThe expected gain on sale, combined with year-to-date operating income from the JV, will exceed Fluor\u2019s anticipated 2026 earnings contribution from ICA-Fluor Daniel. The company will provide additional information on this transaction and update its guidance on our upcoming second quarter earnings call on August 7.<\/p>\n

About Fluor Corporation<\/span><\/b><\/p>\n

Fluor Corporation<\/a> (NYSE: FLR) is building a better world by applying world-class expertise to solve its clients\u2019 greatest challenges. Fluor\u2019s nearly 23,500 employees provide professional and technical solutions that deliver safe, well-executed, capital-efficient projects to clients around the world. Fluor had revenue of $15.5 billion in 2025 and is ranked 292 among the Fortune 500 companies. With headquarters in Irving, Texas, Fluor has provided engineering, procurement, construction and maintenance services for more than a century. For more information, please visit www.fluor.com<\/a> or follow Fluor on Facebook<\/a>, Instagram<\/a>, LinkedIn<\/a>, X<\/a> and YouTube<\/a>.<\/p>\n

\n#corporate<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260716418693\/en\/<\/a><\/span><\/p>\n

\nBrett Turner
\n
Media Relations
\n
864.281.6976<\/p>\n

\nJason Landkamer
\n
Investor Relations
\n
469.398.7222<\/p>\n

KEYWORDS:<\/b> Texas Latin America North America United States Mexico Central America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Other Energy Utilities Oil\/Gas Mining\/Minerals Energy Other Construction & Property Natural Resources Construction & Property Other Manufacturing Engineering Urban Planning Manufacturing<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Fluor Divests Equity Stake in Mexico JV IRVING, Texas–(BUSINESS WIRE)–Fluor Corporation (NYSE: FLR) announced today that it has divested its equity stake in ICA-Fluor Daniel to its existing JV Partner, ICA for $175 million. \u201cSince the joint venture was formed in 1993, Fluor and ICA have successfully completed numerous projects in support of Mexico\u2019s oil and gas, power, mining and manufacturing markets,\u201d said Jim Breuer, Fluor\u2019s Chief Executive Officer. \u201cGiven our current strategic priorities and in agreement with our partner, we determined that this is the right time to conclude this long-standing JV, allowing ICA more opportunity to grow independently and Fluor to direct attention to other growth areas, while maintaining the ability to support ICA\u2019s efforts in Mexico on … <\/p>\n

Continue reading “Fluor Divests Equity Stake in Mexico JV”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-982397","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nFluor Divests Equity Stake in Mexico JV - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/fluor-divests-equity-stake-in-mexico-jv\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fluor Divests Equity Stake in Mexico JV - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Fluor Divests Equity Stake in Mexico JV IRVING, Texas–(BUSINESS WIRE)–Fluor Corporation (NYSE: FLR) announced today that it has divested its equity stake in ICA-Fluor Daniel to its existing JV Partner, ICA for $175 million. \u201cSince the joint venture was formed in 1993, Fluor and ICA have successfully completed numerous projects in support of Mexico\u2019s oil and gas, power, mining and manufacturing markets,\u201d said Jim Breuer, Fluor\u2019s Chief Executive Officer. \u201cGiven our current strategic priorities and in agreement with our partner, we determined that this is the right time to conclude this long-standing JV, allowing ICA more opportunity to grow independently and Fluor to direct attention to other growth areas, while maintaining the ability to support ICA\u2019s efforts in Mexico on … Continue reading "Fluor Divests Equity Stake in Mexico JV"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/fluor-divests-equity-stake-in-mexico-jv\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-07-16T22:41:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20260716418693r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fluor-divests-equity-stake-in-mexico-jv\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fluor-divests-equity-stake-in-mexico-jv\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Fluor Divests Equity Stake in Mexico JV\",\"datePublished\":\"2026-07-16T22:41:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fluor-divests-equity-stake-in-mexico-jv\\\/\"},\"wordCount\":330,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fluor-divests-equity-stake-in-mexico-jv\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20260716418693r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fluor-divests-equity-stake-in-mexico-jv\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fluor-divests-equity-stake-in-mexico-jv\\\/\",\"name\":\"Fluor Divests Equity Stake in Mexico JV - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fluor-divests-equity-stake-in-mexico-jv\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fluor-divests-equity-stake-in-mexico-jv\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20260716418693r1&sid=flmnd&distro=nx&lang=en\",\"datePublished\":\"2026-07-16T22:41:08+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fluor-divests-equity-stake-in-mexico-jv\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fluor-divests-equity-stake-in-mexico-jv\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fluor-divests-equity-stake-in-mexico-jv\\\/#primaryimage\",\"url\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20260716418693r1&sid=flmnd&distro=nx&lang=en\",\"contentUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20260716418693r1&sid=flmnd&distro=nx&lang=en\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fluor-divests-equity-stake-in-mexico-jv\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Fluor Divests Equity Stake in Mexico JV\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Fluor Divests Equity Stake in Mexico JV - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/fluor-divests-equity-stake-in-mexico-jv\/","og_locale":"en_US","og_type":"article","og_title":"Fluor Divests Equity Stake in Mexico JV - Market Newsdesk","og_description":"Fluor Divests Equity Stake in Mexico JV IRVING, Texas–(BUSINESS WIRE)–Fluor Corporation (NYSE: FLR) announced today that it has divested its equity stake in ICA-Fluor Daniel to its existing JV Partner, ICA for $175 million. \u201cSince the joint venture was formed in 1993, Fluor and ICA have successfully completed numerous projects in support of Mexico\u2019s oil and gas, power, mining and manufacturing markets,\u201d said Jim Breuer, Fluor\u2019s Chief Executive Officer. \u201cGiven our current strategic priorities and in agreement with our partner, we determined that this is the right time to conclude this long-standing JV, allowing ICA more opportunity to grow independently and Fluor to direct attention to other growth areas, while maintaining the ability to support ICA\u2019s efforts in Mexico on … Continue reading \"Fluor Divests Equity Stake in Mexico JV\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/fluor-divests-equity-stake-in-mexico-jv\/","og_site_name":"Market Newsdesk","article_published_time":"2026-07-16T22:41:08+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20260716418693r1&sid=flmnd&distro=nx&lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/fluor-divests-equity-stake-in-mexico-jv\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/fluor-divests-equity-stake-in-mexico-jv\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Fluor Divests Equity Stake in Mexico JV","datePublished":"2026-07-16T22:41:08+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/fluor-divests-equity-stake-in-mexico-jv\/"},"wordCount":330,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/fluor-divests-equity-stake-in-mexico-jv\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20260716418693r1&sid=flmnd&distro=nx&lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/fluor-divests-equity-stake-in-mexico-jv\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/fluor-divests-equity-stake-in-mexico-jv\/","name":"Fluor Divests Equity Stake in Mexico JV - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/fluor-divests-equity-stake-in-mexico-jv\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/fluor-divests-equity-stake-in-mexico-jv\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20260716418693r1&sid=flmnd&distro=nx&lang=en","datePublished":"2026-07-16T22:41:08+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/fluor-divests-equity-stake-in-mexico-jv\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/fluor-divests-equity-stake-in-mexico-jv\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/fluor-divests-equity-stake-in-mexico-jv\/#primaryimage","url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20260716418693r1&sid=flmnd&distro=nx&lang=en","contentUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20260716418693r1&sid=flmnd&distro=nx&lang=en"},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/fluor-divests-equity-stake-in-mexico-jv\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"Fluor Divests Equity Stake in Mexico JV"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/982397","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=982397"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/982397\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=982397"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=982397"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=982397"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}