PASADENA, Calif., Dec. 14, 2010 /PRNewswire-FirstCall/ -- Jacobs
Engineering Group Inc. (NYSE: JEC) announced today that it was
awarded a contract to provide detailed design and construction
support services to MPact for the construction of extensions to the
light rail Metrolink system in and around Manchester, United Kingdom.
Officials did not disclose the contract value, however indicated
that the total construction value is estimated at $590 million.
The Greater Manchester's
Metrolink network is one of the most successful light rail systems
in the UK, carrying nearly 20 million passengers every year. The
new lines are expected to add 16.4 miles and 33 stops to
the system, extending it out to Manchester Airport, East Didsbury
and Ashton-under-Lyne, as well as
covering both Oldham and
Rochdale town centres.
The Metrolink system is owned by Greater Manchester Passenger
Transport Executive (GMPTE). MPact is a joint venture company
comprising Laing O'Rourke and VolkerRail.
Jacobs Group Vice President Bob
Duff stated, "We are delighted to be appointed to this
contract for Metrolink and look forward to providing MPact with a
range of quality design and construction support services."
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 2010 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.
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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.