DALLAS--(BUSINESS WIRE)--
Jacobs
Engineering Group Inc. (NYSE:JEC) announced today it has moved its
headquarters from Pasadena, California to Dallas, expanding its current
footprint in downtown Dallas’ Harwood Center. Pasadena served as Jacobs’
headquarters since it was founded by Dr. Joseph J. Jacobs in 1947.
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Jacobs has moved its headquarters from Pasadena, California to Dallas, expanding its current footprint in downtown Dallas' Harwood Center.
Jacobs Chairman and Chief Executive Officer Steve Demetriou recently
moved to Dallas along with several other key executives. With the new
headquarters, the company employs more than 700 people in its Dallas and
Fort Worth offices.
Demetriou said, “Jacobs had a long and successful history in Pasadena
and will continue to employ more than 1,500 people in Southern
California. Although our headquarters has relocated, we will maintain a
strong workforce and office footprint across the state of California
where we see ongoing expansion opportunities.
“As we continue to focus on transforming our business in terms of
efficiency and high-growth in the engineering and construction industry,
our new headquarters location ensures access to top talent and positions
Jacobs for convenient access to our clients. In Dallas, we will also
benefit from a business friendly economic and cultural environment.”
Throughout the State of Texas, Jacobs employs nearly 4,500 employees
working in the Aerospace, Transportation, Water, Aviation, Buildings,
Defense, Oil and Gas and Power and Energy industries.
“Texas is already home to more than 50 Fortune 500 companies, and I am
proud to announce today it will be home to one more,” said Governor
Abbott. “Because of our robust economic environment, more businesses are
choosing to call Texas home. I would like to welcome Jacobs Engineering
Group as the latest business to relocate its headquarters from
California to the Lone Star State.”
Jacobs has had a presence in Dallas since 1987. The company currently
occupies nearly 100,000 square feet at the Harwood Center in downtown.
"This is a remarkable day for the City of Dallas, as we are thrilled to
land a headquarters of this stature,” said Mayor Mike Rawlings. “I have
no doubt this relocation will help attract a number of smart, young
individuals to live and work in our city. On behalf of our City Council,
we welcome Jacobs to Dallas."
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 50,000 people and operates in more than 30 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 2015 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.
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Source: Jacobs Engineering Group Inc.