DALLAS, Sept. 20, 2018 /PRNewswire/ -- At a time of
unprecedented urbanization and climate-induced threats, the World
Economic Forum ranks water among the top ten risks facing the
planet, from severe droughts to catastrophic flooding. During an
investor webcast hosted this week by Bank of America, executives of
Jacobs Engineering Group Inc. (NYSE:JEC) shared insights and
examples about the company's leadership addressing water ecosystem
and infrastructure challenges. The presentation and replay of the
webcast are posted on Jacobs' investor website.
"Urban water demands are projected to rise 80 percent by the
year 20501, a pace that will see more than a fourth of
the world's largest cities outstrip their freshwater capacity in
our lifetime," said Jacobs Global Director of Water and Senior Vice
President Peter Nicol. "To combat
these challenges, Jacobs is advancing the industry's most in-demand
solutions and technological innovations for holistic water
management and resiliency."
Nicol joined Jacobs Buildings, Infrastructure and Advanced
Facilities President Bob Pragada and
Executive Vice President Greg
McIntyre to discuss addressable markets and growth prospects
for the company's global water business serving agriculture,
industrial and municipal clients' needs for technologically
advanced facilities, operations management and solutions to combat
climate and security threats. Among examples highlighted:
- Florida's 4G Wetlands, a
multi-award-winning, 175-acre groundwater recharge wetland system
to revitalize and restore the ecology of the Upper Floridan
Aquifer, which supports more than $7.5
billion in agriculture and provides drinking water to 10
million people.
- The Thames Estuary Asset Management 2100 Program, protecting
1.3 million people and £275 billion worth of property from tidal
flooding – including a half-million homes, eight power stations,
more than 80 railway and Tube stations, and Westminster Abbey and
the Houses of Parliament along the River Thames.
- The Tuas Water Reclamation Plant in Singapore, to be the world's largest
membrane-bioreactor facility to treat used water for renewal and
reuse, while recovering biogas to generate electricity to power it,
maximizing the water-energy-waste nexus.
- The cost-effective Agua Nueva Water Reclamation Facility in
Arizona, designed, built and
currently operated by Jacobs using innovative treatment processes
to manage scarce water supply in the desert environment.
- The Thames Tideway Tunnel Program to create a cleaner,
healthier Thames, while enabling treatment that will continue to
serve London for the next 100
years. The company has been leading the program including the
25-kilometer Thames Tideway Tunnel, and the award-winning Lee
Tunnel, which was completed in 2016.
Known for introducing industry innovations such as the world's
first aquifer storage and recovery project and the first use of
membrane-reactor technology for wastewater treatment, the company
in 2015 was honored with the Stockholm Industry Water
Award for its leadership advancing clean water methodologies
and technologies and increasing public acceptance of potable reuse.
This is the topic of a white paper Jacobs will publish in October,
titled "The Water of Our Future Is the Water of Our Past."
Jacobs leads the global professional services sector delivering
solutions for a more connected, sustainable world. With
$15 billion in fiscal 2017 revenue
when combined with full-year CH2M revenues and a talent force of
more than 77,000, Jacobs provides a full spectrum of services
including scientific, technical, professional and construction- and
program-management for business, industrial, commercial, government
and infrastructure sectors. For more information, visit
www.jacobs.com, and connect with Jacobs on LinkedIn, Twitter,
Facebook and Instagram.
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 Form 10-K for the year ended September 29, 2017, 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
Contacts
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Investors:
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Media:
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Jonathan Doros,
817-239-3457
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Lorrie Paul Crum,
303-525-2916
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jonathan.doros@jacobs.com
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lorrie.crum@jacobs.com
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1 Flörke, Martina; Schneider, Christof; and McDonald,
Robert I.: Nature Sustainability Journal, "Water competition
between cities and agriculture driven by climate change and urban
growth", January, 2018.
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SOURCE Jacobs Engineering Group Inc.