Jacobs Engineering Group Inc.

Jacobs Engineering Group Inc.

January 11, 2005 07:46 ET

Jacobs Receives Inco Contract


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: JACOBS ENGINEERING GROUP INC.

NYSE SYMBOL: JEC

JANUARY 11, 2005 - 07:46 ET

Jacobs Receives Inco Contract

PASADENA, Calif.--(CCNMatthews - Jan 11, 2005) -

Jacobs Engineering Group Inc. (NYSE:JEC) announced today that a
subsidiary company received a contract from Inco Ltd. (NYSE:N) for
services on their smelter site in Sudbury, Ontario, Canada.

Officials did not disclose the contract value.

Jacobs will perform scheduled maintenance at Inco's existing acid plant
for the May/June 2005 shutdown. In addition, Jacobs will act as program
manager for complete and safe coordination between the scheduled
maintenance outage and the concurrent installation of capital equipment
for Inco's FBR S02 Abatement Project.

In making the announcement, Jacobs Group Vice President Greg Landry
stated, "We are delighted to serve Inco at their smelter site. The
opportunity to apply our project management expertise to ensure the
seamless and efficient execution of the two projects reinforces our
certainty of the overall success of this critical endeavor."

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 Item 7 - Management's Discussion and Analysis of Financial Condition
and Results of Operations contained in the Company's 2004 Annual Report
on Form 10-K.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Jacobs Engineering Group Inc.
    Rod Sharp, 626-578-6992