Tag: cancellations
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Tariffs sap Fluor’s backlog, trigger project cancellations
Fluor reported three months ago that clients were forging ahead with projects despite trade headwinds. Now, many are hitting pause, the company said on its Friday second quarter earnings call. “Over the past couple of months, we’ve seen more clients continue to take a wait-and-see approach due to a variety of reasons, including ongoing trade…
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10 notable factory cancellations or openings in 2025
Listen to the article 6 min This audio is auto-generated. Please let us know if you have feedback. Major U.S. manufacturing construction projects are in flux this year. In the first quarter of 2025 alone, 16 clean energy and electric vehicle manufacturing projects worth $8 billion were canceled, according to environmental group E2. In May,…