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Foster Wheeler Wins North America Contract

August 24, 2009 (FinancialWire) — Swiss engineering firm Foster Wheeler AG (NASDAQ: FWLT) said that its American subsidiary has been awarded a detailed design contract by a confidential client for a chemicals project in the United States.

Foster Wheeler said the total installed cost for the project is estimated at $100 million. Foster Wheeler’s contract value, which was not disclosed, was included in the company’s second-quarter 2009 results.

Switzerland-based Foster Wheeler AG a global engineering and construction contractor and power equipment supplier.

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