Jacobs Subsidiary Jacobs Facilities, Inc. Manages Construction of $172 Million California EPA Building.Business Editors SACRAMENTO, Calif.--(BUSINESS WIRE)--June 13, 2000 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 its Sverdrup CRSS CRSS Critical Resolved Shear Stress CRSS Commercial Remote Sensing System CRSS Consolidated Range Simulation System (Western Space Lift Range) division of its subsidiary Jacobs Facilities, Inc. will provide construction management services for a new $172-million facility for the California Environmental Protection Agency The California Environmental Protection Agency (Cal/EPA) was created in 1991 by Governor Pete Wilson, through an executive order.[1] The agency combined six board, departments, and offices into one cabinet-level office:[2] EPA abbr. eicosapentaenoic acid EPA, n.pr See acid, eicosapentaenoic. EPA, n. ), located in Sacramento, Calif. Officials estimate completion by February 2001. The 25-story structure encompasses 956,000 square feet and provides a permanent headquarters for the California EPA. A unique feature of the building is a roof that contains one of the largest arrays of photovoltaic cells in the country to capture sunlight and convert it into energy. In making the announcement, Jacobs Group Vice President Warren Dean stated, "This is our first major building project with the California Department of General Services The California Department of General Services (DGS) is a state government agency in the executive branch of the government of California in the United States. It provides a large number of services to other agencies in the government of California, playing a role that is similar to . We are pleased to demonstrate our experience and resources to assist the Project Management Branch in bringing this project to an effective completion." Jacobs Engineering Group Inc. is one of the world's largest providers of professional technical services. With annual revenues exceeding $3 billion, the company offers full-spectrum support to industrial, commercial, and government clients in diverse markets. Services include scientific and specialty consulting as well as all aspects of project execution and operations & maintenance. 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 and Other Safe Harbor Applications" 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 1999 Annual Report on Form 10-K. |
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