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
AEC Business Innovation | Jun 15, 2022
Cognitive health takes center stage in the AEC industry
Two prominent architecture firms are looking to build on the industry’s knowledge base on design’s impact on building occupant health and performance with new research efforts.
Market Data | Jun 15, 2022
ABC’s construction backlog rises in May; contractor confidence falters
Associated Builders and Contractors reports today that its Construction Backlog Indicator increased to nine months in May from 8.8 months in April, according to an ABC member survey conducted May 17 to June 3. The reading is up one month from May 2021.
Codes and Standards | Jun 15, 2022
Waived tariffs on solar panels expected to boost solar power
The Biden Administration recently waived tariffs on solar panels from four countries in a move advocates say will accelerate the clean energy transition and benefit national security.
Cultural Facilities | Jun 15, 2022
Gehry-designed Children’s Institute aims to foster community outreach in L.A.’s Watts neighborhood
The Children’s Institute (CII) in Los Angeles will open a 200,000-sf campus designed by Frank Gehry this summer.
Building Team | Jun 14, 2022
Thinking beyond the stadium: the future of district development
Traditional sports and entertainment venues are fading as teams and entertainment entities strive to move toward more diversified entertainment districts.
Codes and Standards | Jun 14, 2022
Hospitals’ fossil fuel use trending downward, but electricity use isn’t declining as much
The 2021 Hospital Energy and Water Benchmarking Survey by Grumman|Butkus Associates found that U.S. hospitals’ use of fossil fuels is declining since the inception of the annual survey 25 years ago, but electricity use is dipping more slowly.
Healthcare Facilities | Jun 13, 2022
University of Kansas Health System cancer care floors foster community and empathy
On three floors of Cambridge Tower A at The University of Kansas Health System in Kansas City, patients being treated for blood cancers have a dedicated space that not only keeps them safe during immune system comprising treatments, but also provide feelings of comfort and compassion.
Building Team | Jun 13, 2022
Ware Malcomb promotes Matt Chaiken to vice president
Ware Malcomb, an award-winning international design firm, today announced that Matt Chaiken has been promoted to Vice President in the firm’s Denver office.
Building Team | Jun 13, 2022
Partnership rethinks emergency shelters to turn them into sustainable, resilient homes
Holcim and the Norman Foster Foundation have struck a partnership to rethink emergency shelters to turn them into sustainable and resilient homes.
Building Team | Jun 13, 2022
A mixed-used building to rise above Fort Lauderdale, with views of downtown and the ocean
ODA, a New York-based architecture and design studio, recently released renderings of Ombelle, a project including two residential towers in Fort Lauderdale, Fla.
