PASADENA, Calif., Feb. 7, 2012 /PRNewswire/ -- Jacobs
Engineering Group Inc. (NYSE: JEC) announced today it was awarded a
contract from Methanex Corporation, the world's largest supplier of
methanol to major international markets, to provide engineering
services for a potential methanol production facility in
Louisiana. The plant would be
relocated from Chile to
Louisiana and could be operational
in the second half of 2014.
Jacobs is currently executing site-specific engineering for the
225-acre location in Geismar, La.
from its offices in Baton Rouge,
La.; Santiago, Chile; and
Marble Arch, London, UK. The
project is expected to create numerous direct and indirect job
employment opportunities.
In making the announcement, Jacobs Group Vice President
Mike Autrey stated, "We are very
pleased Methanex selected Jacobs to be a part of this project. The
U.S. Gulf Coast is a prime location for a methanol facility,
especially since demand for methanol is expected to grow in the
coming years."
Jacobs is one of the world's largest and most diverse providers
of technical, professional, and construction services.
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 2011 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.
For additional information contact:
Michelle Jones
626.578.6968
(Logo:
http://photos.prnewswire.com/prnh/20110628/LA26838LOGO)
SOURCE Jacobs Engineering Group Inc.