Jacobs Announces Acquisition of FMHC Corporation
January 07 2014 - 7:45AM
Business Wire
Enhances Wireless Telecommunications
Capabilities
Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it
has acquired the assets of FMHC Corporation (FMHC) headquartered in
Chicago, Ill.
FMHC is a nationwide provider of turnkey wireless communications
site development, design, network deployment, construction, and
related services to clients operating in the wireless
telecommunications industry.
In making the announcement, Jacobs Group Vice President Kevin
McMahon stated, “Our acquisition of FMHC significantly enhances our
capability in this growing industry, both geographically and by
adding additional competencies to help us continue to meet the
needs of our clients.”
FMHC's President John Cankar added, "We are very pleased to
become part of Jacobs and look forward to adding our resources and
services to their offerings in this market, enabling us to broaden
the ways we are able to serve customers and to increase
opportunities for our employees."
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 2013 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.
Jacobs Engineering Group Inc.John W. Prosser, Jr.Executive Vice
President, Finance and Administration626.578.6803
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