PASADENA, Calif., Nov. 2, 2010 /PRNewswire/ -- Jacobs Engineering
Group Inc. (NYSE: JEC) announced today that it received a contract
from Porton Fine Chemicals Ltd (Porton), a leading China-based custom manufacturing organization.
Jacobs, who earlier performed basic engineering services for this
project, is expected to provide detailed engineering services for a
new multi-purpose GMP manufacturing facility at Chongqing Changshou
Chemical Industrial Park, located in Changshou District,
Chongqing, China.
Officials did not disclose the contract value; however indicated
the project detailed design will be performed from Jacobs'
Singapore and Shanghai offices.
In making the announcement, Jacobs Group Vice President
Christopher E. Nagel stated, "This
is Jacobs' first major entry into China's pharmaceutical sector. We are
delighted that Porton has entrusted us with this facility, and we
are fully committed to delivering a plant that proficiently meets
their needs."
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.
For additional information
contact:
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Michelle Jones
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626.578.6968
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SOURCE Jacobs Engineering Group Inc.