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JACOBS ACQUIRES WOLDER ENGINEERS & CONSTRUCTORS

 PASADENA, Calif., Sept. 2 /PRNewswire/ -- Jacobs Engineering Group Inc. (NYSE: JEC), a major provider of petroleum refinery, engineering, and construction services, announced today the acquisition of the engineering and construction operations of Wolder Engineers & Constructors.
 Wolder, founded in 1982, currently employs more than 300 people, mostly located in the Los Angeles basin. In 1992 Wolder successfully executed projects with a value of $250 million.
 The Wolder operation has been primarily involved in the petroleum/petrochemical, gas processing and pipelining business from offices in Long Beach and Denver. Wolder has extensive experience providing plant and project design, engineering, and construction. "The Wolder acquisition is part of an overall strategy to continue Jacobs' growth in the West Coast and Rocky Mountain areas," stated Noel Watson, chief executive officer and president of Jacobs. Watson stated that "this acquisition reinforces Jacobs' strong position in the Southern California refinery and petroleum products market."
 Wolder and Jacobs together offer a complete range of services from their multidisciplined staff of professionals in civil/structural, mechanical, electrical, instrument, and chemical process disciplines. As one of the largest providers of refinery, engineering and construction services in the United States, Jacobs has over 2,500 professional and 6,000 field staff specializing in this industry.
 "We are proud to be associated with Jacobs," stated Ken Wolder, founder of Wolder Engineers and Constructors. "This union will expand the already significant resource base of Jacobs in the geographic niche areas of Los Angeles and Denver. We are postured to grow well together," Wolder added.
 Jacobs Engineering Group, headquartered in Pasadena, provides single-source consulting, engineering, design, architectural, environmental and hazardous waste management, procurement, construction, construction management, contract maintenance and operations services to government and industry worldwide. Jacobs has offices located throughout the United States, United Kingdom, and Ireland.
 -0- 9/2/93
 /CONTACT: Phil Stassi, 818-578-6902/
 (JEC)


CO: Jacobs Engineering Group Inc. ST: California IN: CST SU: TNM

EH-JB -- LA017 -- 8387 09/02/93 11:39 EDT
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Publication:PR Newswire
Date:Sep 2, 1993
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