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Mon May 20 2024

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Fluor marks launch of new Brazilian JV

8 Oct 12 Fluor and Brazil’s Construcap have held an open house to introduce their new joint venture to clients and dignitaries.

This summer, Fluor and Construcap formed CFPS Engenharia e Projetos to pursue engineering, procurement and construction management services in Brazil.

Construcap has been active in the Brazilian market for nearly 70 years and is one of Brazil’s largest engineering, procurement and construction companies serving the industrial, commercial and heavy civil markets.

“Fluor’s 100 years of engineering, procuring, constructing and maintaining successful projects on six continents combined with Construcap’s leadership role in Brazil is a winning combination for our clients and shareholders as well as the communities in which we work,” said David Seaton, Fluor’s chairman and CEO. “Today’s event and positive response from important Brazil-based executives gives testimony to the valued services Construcap together with Fluor will bring to Brazil’s growth and continued development.”

The new office for CFPS Engenharia e Projetos in Sẵo Paulo will initially house about 200 professionals.

“The recently-formed CFPS Engenharia e Projetos combines the common cultures of Fluor and Construcap into a formidable entity to provide world-class sustainable project services to Brazil clients,” said Roberto Capobianco, president of Construcap. “We believe that clients in the oil, gas, chemicals and petrochemicals industries as well as the burgeoning industrial, power and mining industries will benefit from the combined strengths of our new entity.”

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