PASADENA, Calif., Feb 15, 2010 /PRNewswire via COMTEX/ -- Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it has acquired Jordan, Jones and Goulding Inc. (JJG), a 500-person professional services firm based in Atlanta. JJG significantly expands Jacobs position in the North American water and wastewater market, and broadens the Company's strong position in the global aviation, transit, and transportation infrastructure markets.
Jacobs did not disclose the terms of the transaction.
Founded in 1958, JJG is based in Atlanta, Ga., and has 17 offices across the southern U.S. The highly respected company provides engineering, planning and consulting services for water, wastewater, environmental and other clients. The addition of JJG to Jacobs gives both companies the ability to provide comprehensive water solutions for clients, from assessments, planning, and design of new systems to the expansion and upgrade of existing systems.
In making the announcement, JJG President and Chief Executive Officer Don Allen stated, "We expect our employees and clients to benefit greatly from us joining Jacobs. Combining our capabilities with a company that shares our values allows our employees to continue to grow, and it provides a larger platform to better serve our clients."
Jacobs President and Chief Executive Officer Craig Martin said, "JJG has a very talented team. Their expertise in water infrastructure is not only a great complement to Jacobs strengths, but it also positions us for growth." Martin went on to say, "Like many other challenges resulting from the aging infrastructure worldwide, water and wastewater is a critical concern. This acquisition boosts our global capabilities to support public and private clients with the water solutions they urgently need."
Jacobs is one of the world's largest and most diverse providers of technical, professional, and construction services.
Any statements made in this release that are not based on historical fact are forward-looking statements. Although such statements are based on management's current estimates and expectations, and currently available competitive, financial, and economic data, forward-looking statements are inherently uncertain. We, therefore, caution the reader that there are a variety of factors that could cause business conditions and results to differ materially from what is contained in our forward-looking statements. For a description of some of the factors which may occur that could cause actual results to differ from our forward-looking statements please refer to our 2009 Form 10-K, and in particular, the discussions contained under Items 1 - Business, 1A - Risk Factors, 3 - Legal Proceedings, and 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations. We also caution the readers of this release that we do not undertake to update any forward-looking statements made herein.
Related Stories
| Apr 30, 2012
Virginia Commonwealth unveils design for Arts Institution
Institute for Contemporary Art will serve as a catalyst for exhibitions, programs, research and collaboration.
| Apr 30, 2012
Summit Design + Build completes build-out for Office Concepts
The project is seeking LEED ID Silver certification from the U.S. Green Building Council.
| Apr 30, 2012
HSA Commercial selected as consultant for Orland Park’s Main Street Triangle project
HSA will be responsible for designing an overall mixed-use merchandise plan, attracting a unique retail tenant mix and completing leases with prospective tenants.
| Apr 30, 2012
Gilbane to manage retrofit of the Fraunhofer CSE R&B structure
Building is a first-of-its-kind research and demonstration building for sustainable technologies in Boston's Innovation District.
| Apr 30, 2012
KBE Building completes renovation at the ConnCAT
The $1.2 million project consisted of a 16,000-sf interior renovation.
| Apr 27, 2012
GreenExpo365.com to offer webinars on EPA’s WaterSense Program
Architects and builders interested in developing water-efficient buildings invited to attend free sessions featuring experts discussing water-efficient building practices.
| Apr 27, 2012
APA launches wood design web portal for building and design pros
Design professionals who are members of APA’s Professional Associates are automatically enrolled in the APA Designers Circle program.
| Apr 27, 2012
China Mobile selects Leo A Daly to design three buildings at its new HQ
LEO A DALY, in collaboration with Local Design Institute WDCE, wins competition to design Phase 2, Plot B, of Campus.
| Apr 27, 2012
CSM Group names Comerford as senior project manager
Comerford’s responsibilities include directing and verifying contract compliance by the trade contractors to ensure the owner’s expectations are met in respect to a quality finished project.
| Apr 27, 2012
Hampton Bays Middle School winner of the first National Green Ribbon Schools Program
School was the first LEED-certified public school in the state of New York.
