Jacobs Awarded Contract for Novartis Biotechnology Center Expansion in France
August 11 2016 - 7:45AM
Business Wire
Jacobs Engineering Group Inc. (NYSE:JEC) announced today it was
awarded a contract to expand the Novartis Pharma S.A.S.
Biotechnology Center in Huningue, France.
Under the terms of the agreement, Jacobs is providing
engineering, procurement and construction management (EPCM)
services to increase the site’s production capacity by 70 percent
and create a second line of purification that allows for multiple
drugs to be manufactured simultaneously.
Already one of the world’s largest production facilities for
monoclonal antibodies from mammalian cells, the expansion project
adds cell culture bioreactors to the site.
Jacobs’ services are being led from its operations in Milan,
Italy.
In making the announcement, Jacobs Senior Vice President Life
Sciences Robert Norfleet stated, “We look forward to partnering
with Novartis on the expansion of its Huningue site. We’re proud to
have this opportunity to draw on our extensive global EPCM
expertise for a project that can help Novartis improve the lives of
people who depend on its treatments.”
The $100 million expansion project is scheduled to be completed
in four years.
Jacobs is one of the world’s largest and most diverse providers
of full-spectrum technical, professional and construction services
for industrial, commercial and government organizations globally.
The company employs 60,000 people and operates in more than 30
countries around the world. Its Life Sciences business is the
largest professional services provider to the pharmaceutical and
biotechnology industries. For more information, visit
www.jacobs.com.
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 2015 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.
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Jacobs Engineering Group Inc.Robin Shermer, 817-735-6284
Jacobs Engineering (NYSE:JEC)
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