|Traded as||NASDAQ: FWLT|
|Headquarters||registered office: Baar, Switzerland
principal executive offices: Geneva, Switzerland
|Key people||Kent Masters, CEO|
It is focused on the Engineering, Procurement, and Construction (EPC) industry and the Electrical Power equipment industry. The present company was formed in 1927 from a merger of the Power Speciality Company (which replaced American Water Works Supply Company, created by the Pell and Ernest Foster in 1884) and the Wheeler Condenser & Engineering Company, which was created by Frederick Mariam Wheeler in 1891. The corporate headquarters were originally in New York City but later moved to Livingston, New Jersey and stayed there for nearly a quarter century before relocating to Clinton, New Jersey in 1987.
The company comprises two business groups: a Global Engineering and Construction (E&C) Group and a Global Power Group.
Global E&C Group
The Global E&C Group designs, engineers and constructs leading-edge processing facilities and related infrastructure for the upstream oil and gas, LNG and gas-to-liquids, refining, chemicals & petrochemicals, pharmaceuticals, biotechnology & healthcare, environmental and power industries.
They own technology in delayed coking, solvent de-asphalting, and hydrogen production processes. They also provide international environmental remediation services with related technical, engineering, design and regulatory services.
Global Power Group
The Global Power Group builds, owns and operates cogeneration, independent power production, and waste-to-energy facilities, as well as facilities for the process industries, providing electricity, steam, and feed stocks to industries and local grids.
Foster Wheeler was added to the NASDAQ-100 on July 12, 2007.
The company had operating revenues of over $5.1 billion in 2007. Their performance was recognized in February 2008 when The Wall Street Journal cited Foster Wheeler as the best three-year performer and among the top ten one-year performers in that periodical’s annual “shareholder scorecard.”
- "Contact Us:Corporate." Foster Wheeler. Retrieved on December 30, 2011. "Foster Wheeler AG Lindenstrasse 10 6340 Baar, (Canton of Zug), Switzerland" and "Principal Executive Offices Foster Wheeler AG 80 Rue de Lausanne 1202 Geneva, Switzerland "
- Operating revenue Annual report 2007