Jacobs Receives Contract from Methanex

PASADENA, Calif., Feb. 7, 2012 /PRNewswire/ -- Jacobs Engineering Group Inc. (NYSE: JEC) announced today it was awarded a contract from Methanex Corporation, the world's largest supplier of methanol to major international markets, to provide engineering services for a potential methanol production facility in Louisiana. The plant would be relocated from Chile to Louisiana and could be operational in the second half of 2014.

Jacobs is currently executing site-specific engineering for the 225-acre location in Geismar, La. from its offices in Baton Rouge, La.; Santiago, Chile; and Marble Arch, London, UK. The project is expected to create numerous direct and indirect job employment opportunities.

In making the announcement, Jacobs Group Vice President Mike Autrey stated, "We are very pleased Methanex selected Jacobs to be a part of this project. The U.S. Gulf Coast is a prime location for a methanol facility, especially since demand for methanol is expected to grow in the coming years."

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.