PASADENA, Calif., Dec. 9 /PRNewswire-FirstCall/ -- Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it received a contract from Pima County, Ariz., to provide project management and construction inspection services for the Ina Road Wastewater Reclamation Facility Capacity and Effluent Quality Upgrade Project.
With an estimated construction cost of $200 million, the project is part of Pima County's Regional Optimization Master Planning Study Capital Improvement Program to comply with environmental requirements. The project also addresses the County's long-term capacity needs.
In making the announcement, Jacobs Group Vice President Bob Clement stated, "We are pleased to serve Pima County and to be a part of this important water reclamation project. This opportunity to support expansion of the water infrastructure in the Tucson-area represents a significant addition to our Arizona operations."
Jacobs, with over 57,000 employees and revenues exceeding $11.0 billion, provides technical, professional, and construction services globally.
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 2007 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.
SOURCE Jacobs Engineering Group Inc. -- 12/09/2008
CONTACT:
Michelle Jones of Jacobs Engineering Group Inc.,
+1-626-578-6968
Web site: http://www.jacobs.com