HEADQUARTERS
Johannesburg, South Africa
publicly traded
YES
LARGEST SHAREHOLDERS
Industrial and Commercial Bank of China (19.4%)
Government Employees Pension Fund (PIC) (14.5%)
Alexander Forbes Investments (1.7%)
GIC Asset Management Pte Ltd (2.0%)
Old Mutual Life Assurance Company (1.9%)
total assets
£149,350,440 (R3.4 trillion)
operations
Global; largest influence in Subsaharan Africa
financing overview
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controversial weapons
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migrant abuse
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£51m
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£51m
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Company highlights and involvement
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company involved
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funding
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cont. weapons
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migrant abuse
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|---|---|---|---|---|
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FLUOR
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£51m
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Companies bankrolling CONTROVERSIAL WEAPONS
Funded: £51M
CONTROVERSIAL WEAPONS
Fluor is a holding company providing engineering and construction services, founded in California, 1912. It is one of the companies involved in the management of Pantex Plant, which is responsible for the building and maintenance of the nation’s nuclear weapons stockpile. It is a subcontractor in Los Alamos National Laboratory (LANL), from where nuclear bombs originated. As of late, LANL is increasing its productive capacity for plutonium to build more nuclear cores, which are necessary component in the development of nuclear weapons.
Fluor is also involved in migrant abuse cases. As a large military contractor, they recruit and transfer migrant workers from the Middle East and elsewhere. As noted by the Business and Human Rights Resource Centre, Filipino migrants were stranded in Dubai after logistical failures on the company’s behalf in 2011. In 2003, Fluor also faced a $1 billion claim against them for discrimination and repression towards former South African workers during apartheid.
Fluor was also involved in a lawsuit against them due to their alleged negligence around a suicide bombing which led to six deaths and 17 injuries in Afghanistan.