Company reinforces reputation as leading transport infrastructure
service provider
DALLAS--(BUSINESS WIRE)--
Following a string of recent contract wins, Jacobs
Engineering Group Inc. (NYSE:JEC) has reinforced its status as one of the
world’s leading transport infrastructure service providers.
The success follows the Australian Government’s recent commitment
to infrastructure investment, which aims to create more livable and
productive communities through well-planned, safer and more efficient
transport networks. As part of the Smart
Cities Plan to build a more prosperous and innovative nation, the
government is investing more than $3.4 billion in urban rail projects
across the country.
“Australia’s infrastructure market is particularly buoyant right now,”
said Jacobs Senior Vice President Buildings and Infrastructure Patrick
Hill. “This is driven by increases in population, congestion, and demand
for livable cities. Our recent appointment on a number of major projects
confirms our expertise in addressing these and related transport
infrastructure challenges.”
The company’s recent successes include contracts with the Hurstbridge
Rail Line Upgrade (as part of the North
East Program Alliance) in Victoria, along with the Bruce Highway Upgrade in Queensland. The company is currently delivering services for
other major projects including Westconnex,
Darlington
Upgrade Project, Forrestfield
Airport Link and Sydney
CBD Light Rail.
“Whether it’s through an alliance, joint venture or direct contract
arrangement, we’re seeing more opportunities to leverage and showcase
our extensive knowledge and experience in the transport sector,” said
Hill. “Much of our success derives from our reputation for providing
thoughtful and innovative solutions to help meet demanding
implementation schedules, manage risk, control costs, and simplify
operations.”
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.
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.