Kraton Awards Jacobs Maintenance and Product Handling and Packaging Contract

DALLAS--(BUSINESS WIRE)-- Jacobs Engineering Group Inc. (NYSE:JEC) received a four-year contract extension from Kraton Corporation, a specialty chemical company, to provide maintenance and product handling and packaging services at Kraton’s Belpre, Ohio facility.

Jacobs’ presence at the Belpre site includes approximately 125 full-time employees, including site and safety managers, operating engineers, millwrights, electricians, pipefitters, boilermakers and sheet metal workers. During a typical polymer turnaround, which requires additional labor to complete the required work in a limited timeframe, Jacobs employs more than 200 people on site.

“During the past year, we challenged Jacobs to contribute even greater value by drawing on the vast knowledge and capability that exists across its enterprise, and Jacobs delivered,” said Kraton Director of Process Safety and Reliability Gene Meyer. “Jacobs has proven to be a true collaborator and has helped Kraton be more productive to stay ahead of our competition.”

“Jacobs works closely with Kraton to deliver value through our proven maintenance expertise and product handling and packaging services,” said Jacobs Senior Vice President & General Manager of Global Field Services Valerie Roberts. “This extension will allow us the opportunity to continue to build on this relationship. One area that Kraton and Jacobs share a strong commitment is safety. Both companies believe that working safely and helping others do the same is paramount.”

Jacobs has been providing maintenance and product handling and packaging services to serve the polymer modification and medical industries since 2008.

Jacobs is one of the world’s largest and most diverse providers of full-spectrum technical, professional and construction services for industrial, commercial and government organizations globally. The company employs over 54,000 people and operates in more than 25 countries around the world. For more information, visit www.jacobs.com.

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 30, 2016, 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.

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Source: Jacobs Engineering Group Inc.

Jacobs Engineering Group Inc.

Salim Rahimi, 214-583-8428