Jacobs Announces Acquisition of FMHC Corporation

01/07/2014

Enhances Wireless Telecommunications Capabilities

PASADENA, Calif.--(BUSINESS WIRE)-- Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it has acquired the assets of FMHC Corporation (FMHC) headquartered in Chicago, Ill.

FMHC is a nationwide provider of turnkey wireless communications site development, design, network deployment, construction, and related services to clients operating in the wireless telecommunications industry.

In making the announcement, Jacobs Group Vice President Kevin McMahon stated, “Our acquisition of FMHC significantly enhances our capability in this growing industry, both geographically and by adding additional competencies to help us continue to meet the needs of our clients.”

FMHC's President John Cankar added, "We are very pleased to become part of Jacobs and look forward to adding our resources and services to their offerings in this market, enabling us to broaden the ways we are able to serve customers and to increase opportunities for our employees."

Jacobs is one of the world's largest and most diverse providers of technical professional and construction services.

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 2013 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 do not undertake to update any forward-looking statements made herein.

Source: Jacobs Engineering Group Inc.

Jacobs Engineering Group Inc.

John W. Prosser, Jr.

Executive Vice President, Finance and Administration

626.578.6803

Statements 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 caution readers that we do not undertake to update any forward-looking.