Jacobs Awarded Contract by ASHTA Chemicals Inc.
June 25 2014 - 2:07PM
Business Wire
Providing Engineering, Procurement,
Construction Management for Facility Investment Program
Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it
was awarded a contract to support ASHTA Chemicals Inc. in making
significant upgrades to its chlorine and potassium-based chemicals
plant located in Ashtabula, Ohio.
Company officials did not disclose the contract value, but noted
that ASHTA is making the $60 million investment to improve
operational efficiency and reduce the plant’s energy consumption
and environmental impact.
Under the terms of the contract, Jacobs is providing
engineering, procurement and construction management services for
the project, which is expected to take between 24 and 30 months to
complete.
In making the announcement, Jacobs Group Vice President Chris
Nagel stated, “We are very pleased to leverage our global EPCM
capability and more than 65 years of experience working with
clients in the chemicals industry to support ASHTA at its Ashtabula
plant. We are delighted to have the opportunity to contribute to
this project, which serves to retain and add jobs in Ohio while
improving the energy efficiency and productivity of ASHTA’s
facility.”
The investment program includes replacing the plant’s current
mercury cell processing technology with membrane cell technology,
an environmentally sustainable alternative that is expected to
reduce power consumption by approximately 20 percent, increase
component lifetimes, and improve production efficiency and worker
safety.
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.Michelle Jones, 626-578-6968
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