Siemens Healthineers and Jacobs Celebrate the Walpole Expansion Project Groundbreaking

DALLAS--(BUSINESS WIRE)-- Jacobs Engineering Group Inc. (NYSE:JEC) and Siemens Healthineers recently celebrated the groundbreaking of a major expansion to a key Siemens Healthineers manufacturing and R&D facility for laboratory diagnostics in Walpole, Massachusetts on June 30, 2017.

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Providing engineering and construction support for the expansion project, Jacobs’ scope of services includes more than 30 projects over a three-year period as part of a complex master plan to increase the production capacity, expand office and lab space, and add warehouse space at the existing 500,000 square-foot complex.

“Our team brings considerable knowledge to this project, with proven capabilities and 11 years previous on-site experience at Walpole,” said Jacobs Senior Vice President Life Sciences, Consumer Goods and Manufacturing Ken Gilmartin. “Jacobs is proud to be working alongside Siemens to grow the company’s U.S. manufacturing footprint and support their goal of providing improved healthcare worldwide.”

Walpole is a main Siemens Healthineers location for developing and manufacturing laboratory diagnostics assays for immunoassay instruments, as well as consumables for molecular and blood gas testing instruments. The Walpole facility impacts patients and healthcare providers across the globe. R&D efforts at the site bring new tests to the diagnostics market to help physicians diagnose and treat disease.

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