ACX 0.00% $7.79 aconex limited

US$645m Fluor Texas Highway Project

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    Aconex enterprise partner, Fluor, with its JV partner, Balfour Beatty, has just won a major US$625m infrastructure  contract, the Southern Gateway Highway project, in Dallas, Texas.

    http://www.constructiondive.com/new...ay-contract-to-balfour-beattyfluor-jv/442056/

    Fluor standardised all new projects on Aconex in April, 2016, via a user-based enterprise agreement.

    The Fluor/Aconex enterprise agreement announcement reads, in part:

    "Under the three-year enterprise agreement, Fluor will implement Aconex for project information and process management across its business units and new projects worldwide. The terms of the agreement provide flexibility for Fluor to scale usage over time as new projects and users are added to the Aconex collaboration platform.

    “Our enterprise agreement with Fluor is a key milestone,” said Aconex CEO Leigh Jasper. “We have helped Fluor successfully deliver projects across the infrastructure, oil and gas, and industrial sectors in the U.S., Australia, the Middle East, and Africa. Now we look forward to helping them drive continuous improvement in project performance throughout their organization and project network.”

    https://www.aconex.com/news/press-release/aconex-signs-enterprise-agreement-fluor-corporation

    The highway under expansion is also known as Interstate 35.


    Interstate 35


    Southern Gateway expansion project
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    This post is based on my own research and is not investment advice. When making investment decisions, always DYOR.
    Last edited by jhunt: 07/05/17
 
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