PASADENA, Calif., Feb 15, 2010 /PRNewswire via COMTEX/ -- Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it has acquired Jordan, Jones and Goulding Inc. (JJG), a 500-person professional services firm based in Atlanta. JJG significantly expands Jacobs position in the North American water and wastewater market, and broadens the Company's strong position in the global aviation, transit, and transportation infrastructure markets.
Jacobs did not disclose the terms of the transaction.
Founded in 1958, JJG is based in Atlanta, Ga., and has 17 offices across the southern U.S. The highly respected company provides engineering, planning and consulting services for water, wastewater, environmental and other clients. The addition of JJG to Jacobs gives both companies the ability to provide comprehensive water solutions for clients, from assessments, planning, and design of new systems to the expansion and upgrade of existing systems.
In making the announcement, JJG President and Chief Executive Officer Don Allen stated, "We expect our employees and clients to benefit greatly from us joining Jacobs. Combining our capabilities with a company that shares our values allows our employees to continue to grow, and it provides a larger platform to better serve our clients."
Jacobs President and Chief Executive Officer Craig Martin said, "JJG has a very talented team. Their expertise in water infrastructure is not only a great complement to Jacobs strengths, but it also positions us for growth." Martin went on to say, "Like many other challenges resulting from the aging infrastructure worldwide, water and wastewater is a critical concern. This acquisition boosts our global capabilities to support public and private clients with the water solutions they urgently need."
Jacobs is one of the world's largest and most diverse providers of technical, professional, and construction services.
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 2009 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.
Related Stories
| Aug 11, 2010
Gensler, HOK, HDR among the nation's leading reconstruction design firms, according to BD+C's Giants 300 report
A ranking of the Top 100 Reconstruction Design Firms based on Building Design+Construction's 2009 Giants 300 survey. For more Giants 300 rankings, visit http://www.BDCnetwork.com/Giants
| Aug 11, 2010
Gensler, Arup, HOK among the largest office sector design firms
A ranking of the Top 100 Office Design firms based on Building Design+Construction's 2009 Giants 300 survey. For more Giants 300 rankings, visit http://www.BDCnetwork.com/Giants
| Aug 11, 2010
Gensler among eight teams named finalists in 'classroom of the future' design competition
Eight teams were recognized today as finalists of the 2009 Open Architecture Challenge: Classroom. Finalists submitted designs ranging from an outdoor classroom for children in inner-city Chicago, learning spaces for the children of salt pan workers in India, safe spaces for youth in Bogota, Colombia and a bamboo classroom in the Himalayan mountains.
| Aug 11, 2010
Will Alsop to head up new RMJM studio
Will Alsop, the internationally acclaimed British architect and designer of the Glenwood Waterfront project on the Hudson River, is to turn his attention once again to the U.S. after announcing he is to create a studio called “Will Alsop at RMJM,” as part of the RMJM worldwide architectural firm.
| Aug 11, 2010
AECOM, WATG top BD+C's ranking of the nation's 75 largest hotel design firms
A ranking of the Top 75 Hotel Design Firms based on Building Design+Construction's 2009 Giants 300 survey. For more Giants 300 rankings, visit http://www.BDCnetwork.com/Giants
| Aug 11, 2010
Parsons Brinckerhoff, Dewberry among nation's largest multifamily design firms, according to BD+C's Giants 300 report
A ranking of the Top 75 Multifamily Design Firms based on Building Design+Construction's 2009 Giants 300 survey. For more Giants 300 rankings, visit /giants
| Aug 11, 2010
USGBC’s Greenbuild 2009 brings global ideas to local main streets
Save the planet with indigenous knowledge. Make permanent water part of your life. Dive deep water for clues to environmental success. Connect site selection to successful creative concepting. Explore the unknown with Discovery Channel’s best known guide. These are but a few of the big ideas participants can connect to at USGBC’s Greenbuild International Conference and Expo, taking place on November 11-13, 2009 in Phoenix, Ariz.
