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Jacobs' JV to Offer EPCM Services for Western Sydney's USCN Program
ZACKS· 2024-10-17 15:50
The joint venture (JV) between Jacobs Solutions Inc. (J) and Seymour Whyte has won a contract from Sydney Water, the statutory corporation owned by the government of New South Wales. Per the contract, the JV will offer Engineering, Procurement and Construction Management (EPCM) services for the Upper South Creek Networks (USCN) program in Western Sydney. J stock gained 2.1% during the trading hours on Wednesday after the contract win announcement. Details on Jacobs' New Award Win The USCN program is conside ...
Jacobs Wins Key Contract for India's Semiconductor Expansion
ZACKS· 2024-10-14 17:25
Jacobs Solutions Inc. (J) has been awarded a pivotal contract by CG Semi Private Limited to design a new Outsourced Semiconductor Assembly and Test (OSAT) facility in Sanand, Gujarat. This partnership marks a significant step in India's growing semiconductor industry, with Jacobs serving as the engineering, procurement, and construction services partner for the Mini Line, and the engineering partner for the Main Line of the facility. Jacobs' Strategic Role in the Semiconductor Boom The new facility, spannin ...
Jacobs Wins 10-Year Contract for Advanced Water Purification Project
ZACKS· 2024-10-10 14:20
Jacobs Solutions Inc. (J) recently secured a 10-year contract with Soquel Creek Water District (SqCWD) to operate and maintain an advanced water purification facility. This facility, a cornerstone of SqCWD's Pure Water Soquel program, is designed to address critical water sustainability challenges in Santa Cruz County, CA. With a focus on groundwater replenishment and combating seawater intrusion, this initiative underscores Jacobs' strategic involvement in the growing water reuse sector. Jacobs' Efforts in ...
Jacobs Awarded CG Semi Contract for Engineering Design of New OSAT Facility in India
Prnewswire· 2024-10-10 11:45
DALLAS, Oct. 10, 2024 /PRNewswire/ -- Jacobs (NYSE: J) has been appointed by CG Semi Private Limited, a Joint Venture between CG, Renesas Electronics Corporation, and Stars Microelectronics (Thailand) Public Co. Ltd., for engineering design of CG Semi's new Outsourced Semiconductor Assembly and Test (OSAT) facility at Sanand, Gujrat in India. Serving as the engineering, procurement and construction services (EPCS) partner on the Mini Line, and engineering partner on the Main Line, Jacobs will support CG Sem ...
Jacobs to Operate and Maintain Advanced Water Reuse Facility in California
Prnewswire· 2024-10-08 11:45
Digital OneWater suite of solutions will simulate and optimize operations using predictive analytics, machine learning, data science and operational cybersecurity DALLAS, Oct. 8, 2024 /PRNewswire/ -- Jacobs (NYSE:J) secured a 10-year contract with Soquel Creek Water District (SqCWD) to operate and maintain a new advanced water purification facility. The facility, part of SqCWD's Pure Water Soquel program, focuses on groundwater replenishment and seawater intrusion prevention in Santa Cruz County, California ...
Jacobs Wins 5-Year California Wastewater Infrastructure Contract
ZACKS· 2024-10-03 18:51
Jacobs Solutions, Inc. (J) received a new five-year contract to provide digital and data-driven solutions to Lincoln-Sewer Management District 1 Wastewater Authority (LiSWA). Per the deal, Jacobs will provide operations and maintenance services to LiSWA's wastewater treatment and reclamation facility. It will enhance the facility's biosolids management processing and storage capacity. Also, it will investigate to expand the capacity of the existing biosolids drying greenhouses to further strengthen the resi ...
Jacobs to Deliver Strategic Advisory and Program Management Services for UK's Carbon Capture, Usage and Storage Program
Prnewswire· 2024-10-03 08:00
Core Viewpoint - Jacobs has been appointed by the U.K. Department for Energy Security & Net Zero to provide technical project management support for the Carbon Capture, Usage and Storage (CCUS) program, which is crucial for the U.K.'s goal of achieving a net-zero economy by 2050 [1][2]. Group 1: CCUS Program Details - The CCUS program aims to decarbonize industry, generate low-carbon energy, and enable large-scale low-carbon hydrogen production [2]. - The initiative will create "clusters" of industrial, power, and hydrogen projects around transport and storage infrastructure, facilitating the low-carbon transformation of the U.K.'s industrial base [2]. Group 2: Jacobs' Role and Services - Jacobs will provide technical project management, strategic and change management advisory services, data solutions, and risk and quality management for the CCUS program [3]. - The company will also support the Hydrogen and Industrial Carbon Capture program, offering advisory consultancy, end-to-end innovation, design, and analytics in collaboration with PA Consulting [3]. Group 3: Contract and Duration - The contract with the U.K. Department for Energy Security & Net Zero is for an initial term of two years, with an option to extend for up to two additional one-year periods [4]. Group 4: Strategic Importance - CCUS is viewed as a vital enabler for a diverse mix of decarbonization and energy transition solutions necessary to meet net-zero ambitions and enhance the U.K.'s future energy security [5]. - Jacobs brings extensive experience in CCUS projects and critical infrastructure, contributing to the development and scaling of deployment in this emerging market [5]. Group 5: Jacobs' Broader Portfolio - Jacobs' portfolio in decarbonization and energy transition includes strategic route options for the U.K.'s National Gas, a Long-Duration Underwater Energy Storage Pilot with BaroMar, and collaboration with Fortescue Future Industries on renewables and hydrogen projects [5]. - The company is also the program manager for the ARCHES Hydrogen Hub in California, showcasing its global experience in complex, multi-stakeholder infrastructure projects [5]. Group 6: Company Overview - Jacobs operates with a team of approximately 45,000, providing end-to-end services across various sectors including advanced manufacturing, energy, environmental, and transportation [6]. - The company focuses on creating a more connected and sustainable world through its comprehensive service offerings [6]. Group 7: Ownership Structure - Jacobs holds a 65% stake in PA Consulting, with the remaining 35% owned by PA employees, allowing both entities to operate independently while serving clients [7].
Jacobs to Deliver Data-Driven Operations and Maintenance of California Wastewater Infrastructure
Prnewswire· 2024-10-02 11:45
Core Insights - Jacobs has secured a five-year contract with Lincoln-Sewer Management District 1 Wastewater Authority to enhance its digital and data-driven solutions for wastewater services [1][2] - The company will manage and operate LiSWA's wastewater treatment and reclamation facility, integrating existing staff into its operations [2][3] - Jacobs aims to improve biosolids management and expand the capacity of biosolids drying greenhouses to enhance operational resilience [3] Company Capabilities - Jacobs offers a comprehensive suite of digital solutions, including the Intelligent O&M, to ensure safe and compliant wastewater services for over 74,000 residents [3] - The company has extensive experience in critical infrastructure projects across California, including the Pure Water Project and the Los Angeles World Airports Capital Improvement Program [4] Strategic Importance - The partnership with LiSWA is expected to provide significant benefits, leveraging Jacobs' expertise to meet tightening state regulations [3][4] - The retention of skilled staff during the transition is viewed positively by LiSWA, indicating a smooth operational integration [4]
Jacobs Advances Strategic Transformation with Completion of Previously Announced Spin-off and Merger
Prnewswire· 2024-09-27 20:40
Jacobs retains its innovative, next-generation data solutions and digital technologies business Newly streamlined portfolio enables company to focus on distinct strategies in advanced manufacturing, cities & places, energy, environmental, life sciences, transportation and water DALLAS, Sept. 27, 2024 /PRNewswire/ -- Jacobs (NYSE: J) announced today the completion of the spin-off of its Critical Mission Solutions and Cyber & Intelligence government services businesses (the "Separated Business") and merger wi ...
Why Jacobs Solutions (J) is a Top Momentum Stock for the Long-Term
ZACKS· 2024-09-27 14:51
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