- Enhances position in infrastructure, including water and transportation.
- Bolsters top-tier position in nuclear and environmental services.
- Expands leadership in growing industrial sectors.
- Enhances energy, chemicals and resources portfolio.
Jacobs Engineering Group Inc. (NYSE:JEC) rang the New York Stock Exchange (NYSE) Closing Bell® today to commemorate the transformative acquisition of CH2M, creating a $15 billion professional services leader delivering innovative solutions for a more connected, sustainable world. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20180118006465/en/
Jacobs (JEC) ringing the NYSE Closing Bell®. (Photo: Business Wire)"Today we celebrate a new Jacobs that brings together the industry's foremost expertise providing innovative solutions for a more connected, sustainable world, and superior value to our clients," said Chairman and CEO Steve Demetriou. "As we celebrate this historic occasion, it's also a proud moment to reinforce our shared commitment to giving back in our communities by investing in STEM education to support volunteerism and workforce development, investible infrastructure programs and sustainable communities." Jacobs contributed $100,000—comprising $50,000 donations—to two global organizations whose programs further connected, sustainable development, Engineers Without Borders USA and the New York Academy of Sciences' Global STEM Alliance. Both organizations provide mentoring and volunteer opportunities enabling company employees to share their knowledge and experience with students, teachers and communities. Jacobs' Transformative Acquisition of CH2M On December 15, 2017, Jacobs completed its acquisition of CH2M in a cash and stock deal. The combination creates a diverse portfolio of complementary capabilities and technologies to serve complex, in-demand community- and business-development needs around the world. As a result, the combination:
www.jacobs.com. Forward-looking statements 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.