PASADENA, Calif., July 6, 2010 /PRNewswire via COMTEX/ --Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it has launched a new company, LeighFisher Inc. (LeighFisher), dedicated to the management and strategy consultancy market. LeighFisher is a wholly owned subsidiary of Jacobs.
LeighFisher operates globally and provides management, strategy and planning advisory services to the transportation sector. While it is initially focused on providing services to the transportation sector, the Company is expected to expand into other industry segments.
In making the announcement, Jacobs President and Chief Executive Officer Craig Martin said, "The creation of LeighFisher enables us to drive higher levels of growth in our global consulting business and compete more broadly and effectively across that market."
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.
For additional information contact: John W. Prosser 626.578.6803
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SOURCE Jacobs Engineering Group Inc.