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Stock Market & Financial Investment News

News Breaks
June 4, 2014
07:35 EDTOC, FWLTFoster Wheeler awarded EPCM contract for Owens Corning facility
Foster Wheeler AG (FWLT) announced that a subsidiary of its Global Engineering and Construction Group has been awarded an engineering, procurement and construction management contract by Owens Corning (OC) for a new composite materials manufacturing facility at Gastonia, North Carolina. The plant will produce a paper-like glass-fiber tissue that is used in various industries to add strength to products while also reducing their weight. Foster Wheeler's contract value was not disclosed. The engineering, procurement and early construction work was included in the company’s 1Q14 bookings and the balance of the construction management scope is expected to be released later in 2014.
News For FWLT;OC From The Last 14 Days
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November 13, 2014
08:31 EDTFWLTFoster Wheeler to voluntarily delist from NASDAQ
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