Jacobs Engineering Group
From Wikipedia, the free encyclopedia
Jacobs Engineering Group | |
---|---|
Type | Public (NYSE: JEC) |
Founded | 1947 |
Headquarters | Pasadena, California, USA |
Industry | oil and natural gas |
Revenue | ▲ US$$8.47 billion (2007)[1](2007) |
Net income | ▲ US$-27.5 million (2006) |
Parent | Jacobs Engineering Group Inc. |
Website | http://www.jacobs.com/ |
Jacobs Engineering Group Inc. (NYSE: JEC), a publicly traded company with annual revenues exceeding $8 billion, provides professional technical services. Headquartered in Pasadena, CA, Jacobs offers support to industrial, commercial, and government clients across multiple markets. Services include scientific and specialty consulting as well as all aspects of engineering and construction, along with operations and maintenance.
One of its predecessor companies, Sverdrup & Parcel, designed the ill-fated I-35W Mississippi River bridge, Minneapolis, Minnesota, 1964 (Collapsed on August 1, 2007).[2] Preliminary findngs of the National Transportation Safety Board blame the firm's gusset plate design for the bridge collapse.[3], [4] Sverdup & Parcel was succeeded by Sverdrup Civil, which in 1999 merged with Jacobs Engineering.
Jacobs' global presence includes more than 160 offices in over 20 countries, with operations in North America, the United Kingdom, Ireland, Europe, India, Australia, and Asia.
Jacobs Engineering serves industrial and commercial clients and the government. The company provides a spectrum of preconstruction and construction services as well as facilities management and consulting across the building industry and the defense, energy, infrastructure and technology sectors.
The primary market sectors are: Aerospace and Defense, Automotive and Industrial, Buildings, Chemicals and Basic Resources, Consumer Products, Forest Products, Infrastructure, Oil and Gas, Pharmaceuticals and Biotechnology, Refining, and Technology
The largest part of the business with over $2.4 billion in revenues in 2005 are the preconstruction services which include among others planning, market and configuration studies, energy optimization, environmental permitting, architectural design and process and engineering design. This service category amounts to 43.8% of the total revenues in 2005, and records a small decline from 45.7% in 2001.
[edit] References
- ^ 20 Top-performing stocks - Owens-Illinois (3) - FORTUNE
- ^ Hey, don't blame me for collapse. Daily News. Retrieved on 2007-08-04.
- ^ Adequacy of the U10 & L11 Gusset Plate Designs for the Minnesota Bridge No. 9340. Federal Highway Administration. Retrieved on 2008-01-15.
- ^ Safety Recommendation H-08-1- January 15, 2008. National Transportation Safety Board. Retrieved on 2008-01-15.