Jacobs Awarded Contract by Ballance Agri-Nutrients for Gas Heat Exchanger

PASADENA, Calif., Jan. 10, 2012 /PRNewswire/ -- Jacobs Engineering Group Inc. (NYSE:JEC) announced today that its Chemetics® unit in Pickering, Ontario, Canada has been awarded a design and fabrication contract by Ballance Agri-Nutrients for one Cold Heat Exchanger to be installed in their sulphuric acid plant in New Zealand. 

Officials estimate the construction value to be $2 million with a Chemetics contract value estimated at $745 thousand.

The scope of work involves the design and fabrication of a Cold Heat Exchanger plus redesign of the interconnecting ducting for the heat exchanger.  Ballance selected Chemetics based on Chemetics' experience, technical merit and the appropriateness of the design for Ballance's plant.  Ballance preferred Chemetics proprietary Radial Flow Gas-Gas Heat Exchanger Design over other available designs on the basis that it was technically superior to others available in the marketplace.  This project builds on the customer relationship established on an acid cooler project Chemetics recently completed with Ballance.  Ballance was pleased with the product and the quality of site service and training they received from Chemetics' Technical Services Group.

In making the announcement, Jacobs Group Vice President Andy Kremer stated, "This project shows Chemetics strong client relationships where we provide innovative technical solutions and equipment designs to solve our client's persistent performance and maintenance issues."

Jacobs is one of the world's largest and most diverse providers of technical, professional, and construction services.

Statements made in this release that are not based on historical fact are forward-looking statements. We base these forward-looking statements on management's current estimates and expectations as well as currently available competitive, financial and economic data. Forward-looking statements, however, are inherently uncertain. There are a variety of factors that could cause business results to differ materially from 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 2011 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 do not undertake to update any forward-looking statements made herein.

For additional information contact:

Michelle Jones

626.578.6968

SOURCE Jacobs Engineering Group Inc.