Jacobs Relocates Global Headquarters to Dallas
October 24 2016 - 10:30AM
Business Wire
Jacobs Engineering Group Inc. (NYSE:JEC) announced today it has
moved its headquarters from Pasadena, California to Dallas,
expanding its current footprint in downtown Dallas’ Harwood Center.
Pasadena served as Jacobs’ headquarters since it was founded by Dr.
Joseph J. Jacobs in 1947.
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Dallas Area Rapid Transit (DART) Rail
Station at Terminal A, Dallas/Fort Worth International Airport, TX,
USA. (Photo: Business Wire)
Jacobs Chairman and Chief Executive Officer Steve Demetriou
recently moved to Dallas along with several other key executives.
With the new headquarters, the company employs more than 700 people
in its Dallas and Fort Worth offices.
Demetriou said, “Jacobs had a long and successful history in
Pasadena and will continue to employ more than 1,500 people in
Southern California. Although our headquarters has relocated, we
will maintain a strong workforce and office footprint across the
state of California where we see ongoing expansion
opportunities.
“As we continue to focus on transforming our business in terms
of efficiency and high-growth in the engineering and construction
industry, our new headquarters location ensures access to top
talent and positions Jacobs for convenient access to our clients.
In Dallas, we will also benefit from a business friendly economic
and cultural environment.”
Throughout the State of Texas, Jacobs employs nearly 4,500
employees working in the Aerospace, Transportation, Water,
Aviation, Buildings, Defense, Oil and Gas and Power and Energy
industries.
“Texas is already home to more than 50 Fortune 500
companies, and I am proud to announce today it will be home to one
more,” said Governor Abbott. “Because of our robust economic
environment, more businesses are choosing to call Texas home. I
would like to welcome Jacobs Engineering Group as the latest
business to relocate its headquarters from California to the Lone
Star State.”
Jacobs has had a presence in Dallas since 1987. The company
currently occupies nearly 100,000 square feet at the Harwood Center
in downtown.
"This is a remarkable day for the City of Dallas, as we are
thrilled to land a headquarters of this stature,” said Mayor Mike
Rawlings. “I have no doubt this relocation will help attract a
number of smart, young individuals to live and work in our city. On
behalf of our City Council, we welcome Jacobs to Dallas."
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 50,000 people and operates in more than 30
countries around the world. 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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