Company to develop a fuel storage and distribution terminal in Tula
Hidalgo, Mexico
DALLAS--(BUSINESS WIRE)--
Jacobs
Engineering Group Inc. (NYSE:JEC) has been awarded a contract by
Invex Infraestructura 4, S.A.P.I. de C.V. (INI4) for a greenfield fuel
storage and distribution terminal in Tula Hidalgo, Mexico. Under the
terms of the contract, Jacobs is expected to perform engineering
services and support INI4 with regulation compliance and safe and
efficient execution. The engineering phase will provide the basis for
construction and operation of the strategic terminal.
“Jacobs’ fuel storage and terminals knowledge and proven track record
for providing innovative, end-to-end solutions were key factors in
securing the contract,” said Jacobs Petroleum and Chemicals Senior Vice
President and General Manager Global Operations Mark Bello. “This
project, which is expected to help boost confidence in fuel supply
throughout the country, is fully in line with Jacobs’ strategy and
continued focus on developing storage terminal opportunities in Mexico
and Latin America.”
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.