Press Release Jul 31, 2018

Jacobs Signs Three-Year, Multi-Site Maintenance and Construction Contract with Mosaic Fertilizer, LLC

DALLAS, July 31, 2018 /PRNewswire/ -- Jacobs Engineering Group Inc. (NYSE:JEC) has received a contract from Mosaic Fertilizer, LLC to provide small capital construction and maintenance services at its Uncle Sam and Faustina facilities in St. James Parish, Louisiana.

Jacobs has provided full life cycle services to Mosaic and its predecessor companies at projects across North America since 1964, and currently provides construction management support and provision of services at these sites, which now extends to direct hire construction and maintenance.

"Jacobs' field services presence continues to grow along the Mississippi River between New Orleans and Baton Rouge and we are utilizing our unique solutions to help Mosaic efficiently manufacture their products," said Jacobs Construction, Maintenance and Turnarounds Senior Vice President and General Manager Stephen Hillier. "With the addition of the Mosaic projects, we now have more than 950 field services employees working in the region and 4,000 in the U.S."

Mosaic's Faustina and Uncle Sam operations convert phosphate rock into a water-soluble form that can be used as a crop nutrient, which is an important part of producing the crops needed to feed the growing world population. 

Mosaic Fertilizer, LLC is a subsidiary of The Mosaic Company, one of the world's leading single-source producers and marketers of concentrated phosphate and potash crop nutrients for the global agriculture industry.

Jacobs leads the global professional services sector delivering solutions for a more connected, sustainable world. With $15 billion in fiscal 2017 revenue when combined with full-year CH2M revenues and a talent force of more than 77,000, Jacobs provides a full spectrum of services including scientific, technical, professional and construction- and program-management for business, industrial, commercial, government and infrastructure sectors. For more information, visit www.jacobs.com, and connect with Jacobs on LinkedInTwitterFacebook and Instagram.

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 Form 10-K for the year ended September 29, 2017, 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 press/media inquiries:

Kerrie Sparks

214.583.8433

 

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SOURCE Jacobs Engineering Group Inc.