Jacobs Receives American Council of Engineering Companies' 2003 Grand Conceptor Award.Business Editors BELLEVUE, Wash.--(BUSINESS WIRE)--April 22, 2003 Jacobs Engineering Group Jacobs Engineering Group Inc. (NYSE: JEC), a publicly traded company with annual revenues approaching $7 billion, provides professional technical services. Headquartered in Pasadena, CA, Jacobs offers support to industrial, commercial, and government clients across multiple Inc. (NYSE NYSE See: New York Stock Exchange :JEC) announced today that the American Council American Council may refer to: In linguistics:
ACEC American Consulting Engineers Council (now American Council of Engineering Companies) ) selected them out of 162 firms to receive the prestigious Grand Conceptor Award. Jacobs received the award for their design of the Removable Spillway spillway, n a channel or passageway through which food escapes from the occlusal surfaces of the teeth during mastication. The occlusal, developmental, and supplemental grooves, as well as the incisal, occlusal, labial, buccal, and lingual embrasures, Weir (RSW RSW Registered Social Worker RSW Resistance Spot Welding RSW Renegade Soundwave (band) RSW Royal Scottish Society of Painters in Watercolour RSW Refrigerated Seawater (fishing industry) ) at the Walla Walla District U.S. Army Corps of Engineers' Lower Granite Dam on the Snake River in Washington State. ACEC announced the award winner at the 2003 Engineering Excellence Awards in Washington, D.C. The award recognizes projects that contribute to the engineering profession through innovation, expertise, and ingenuity. The RSW provides a long-needed solution to the competing issues of endangered fish species migration and water usage. In addition to leading the overall design on this innovative, first-of-its-kind fish weir, Jacobs managed the project and provided construction assistance to the Corps. The Jacobs team met an aggressive schedule of 12 months. The surface weir provides many benefits to the Northwest region, including enhanced fish passage, higher survival rates, and reduced passage delays. This means more juvenile salmon can safely find their way to the ocean, potentially reversing the downward trend of salmon returns. Accomplishing this while using less water than before makes more water available for power generation, reducing the need for an alternate energy source. Testing of the completed RSW during the 2002 spring migration documented the effectiveness of the structure's unique design with fish passage results that exceeded expectations. Additional testing is planned for future years, with the Corps and other regional stakeholders looking at potential future sites where an RSW might improve fish passage and water usage. Jacobs, with over 35,000 employees and revenues approaching $5.0 billion, provides technical, professional, and construction services globally. Any statements made in this release that are not based on historical fact are forward-looking statements. Any forward-looking statements made in this release represent management's best judgement as to what may occur in the future. However, Jacobs' actual outcome and results are not guaranteed and are subject to certain risks, uncertainties and assumptions ("Future Factors"), and may differ materially from what is expressed. For a description of Future Factors that could cause actual results to differ materially from such forward-looking statements, see the discussion under the section "Forward-Looking Statements" included in Management's Discussion and Analysis Management's discussion and analysis (MD&A) A report from management to shareholders that accompanies the firm's financial statements in the annual report. It explains the period's financial results and enables management to discuss topics that may not be apparent in the financial filed as part of Exhibit 13 to the Company's 2002 Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. . |
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