Jacobs Solutions, Inc. (J) has been selected by FUJIFILM Diosynth Biotechnologies to support the delivery of a $1.2 billion expansion project for their large-scale cell culture contract manufacturing site in Holly Springs, NC. This significant expansion builds on the initial collaboration started in 2021, further cementing the partnership between the two companies. Jacobs will provide comprehensive engineering, procurement, and construction management services for this latest phase. The project includes add ...

DALLAS, June 27, 2024 /PRNewswire/ -- Jacobs (NYSE:J) was selected by FUJIFILM Diosynth Biotechnologies to support delivery of $1.2 billion expansion of an end-to-end, large-scale cell culture contract manufacturing site in Holly Springs, North Carolina. Jacobs was originally selected to support the construction for the FUJIFILM Diosynth Biotechnologies' Holly Springs site, which broke ground in 2021. Jacobs will provide engineering, procurement and construction management services for the site's latest exp ...

Core Insights - Jacobs Solutions, Inc. is set to provide professional engineering services for the development of the Kranji Water Reclamation Plant in Singapore, which is expected to be operational by 2035 [7] - The Kranji WRP will have an initial treatment capacity of 120 million imperial gallons of used water per day and will include a fully integrated 50 mgd NEWater Factory [2] - Jacobs has reported a backlog of $29.4 billion, reflecting a 2% year-over-year increase, indicating strong demand for its consulting services [9] Company Performance - Jacobs' project execution efficiency has significantly contributed to its recent performance, evidenced by the continuous success in securing new contracts [3] - The backlog for the People & Places Solutions segment was $17.93 billion, up from $17.56 billion year-over-year, while the Critical Mission Solutions segment backlog increased to $8.45 billion from $8.14 billion [9] - Despite underperforming the Zacks Technology Services industry, Jacobs' earnings per share estimates for fiscal 2024 suggest a year-over-year growth of 10.8% [13] Market Position - Jacobs currently holds a Zacks Rank of 4 (Sell), indicating a less favorable market position compared to its peers [4] - The company's shares have gained 8.4% year-to-date, while the industry has seen a growth of 16.4% [13]

Core Insights - Jacobs has been appointed by PUB, Singapore's National Water Agency, to provide engineering services for the new Kranji Water Reclamation Plant (WRP), enhancing Singapore's water resilience and used water management system [1][2] - The Kranji WRP is expected to be operational by 2035, with an initial treatment capacity of 120 million imperial gallons of used water per day, including a fully integrated 50 mgd NEWater Factory [2][3] - The project is part of a three-node Deep Tunnel Sewerage System, which includes Changi WRP and Tuas WRP, to meet Singapore's long-term used water needs [2] Company and Industry Developments - Jacobs will implement advanced water treatment technologies and smart automation to improve operational efficiencies while minimizing environmental impact [3] - The project will focus on environmentally sustainable development, considering the diverse ecosystem near the site [3] - Jacobs has a strong track record in sustainable water projects, as evidenced by their recent award for the expansion of Changi Water Reclamation Plant [3][5] - Jacobs operates with approximately $16 billion in annual revenue and employs over 60,000 professionals, providing a full spectrum of services for both government and private sectors [6]

Group 1: Joint Venture and Capital Program - Jacobs Solutions, Inc. and VolkerStevin's joint venture, C2V, will serve as a Construction Delivery Partner for United Utilities' major capital investment program [1] - C2V will manage and provide design, build, and commissioning services for complex projects related to water and wastewater treatment, pumping stations, reservoirs, bioresources, and energy [1] - The estimated capital program is valued at $3.8 billion, scheduled from 2025 to 2030, with an option to extend for an additional five years [2] Group 2: Environmental Challenges and Project Support - The water sector is facing significant environmental challenges, and this framework enables United Utilities to advance its environmental performance and critical water services in North West England [3] - C2V has been supporting United Utilities for the past 10 years, focusing on safe and resilient water resources and improving river water quality [3] Group 3: Company Performance and Backlog Growth - Jacobs has demonstrated solid project execution, which has been crucial for its performance in recent quarters [4] - The company reported a backlog of $29.4 billion at the end of the fiscal second quarter, reflecting a 2% year-over-year increase, indicating strong demand for its consulting services [5] - The backlog for the People & Places Solutions segment was $17.93 billion, while the Critical Mission Solutions segment reported a backlog of $8.45 billion, both showing year-over-year growth [5] Group 4: Stock Performance and Earnings Estimates - Jacobs' shares have increased by 7.4% this year, compared to a 14.6% growth in the Zacks Technology Services industry [7] - Earnings per share (EPS) estimates for fiscal 2024 suggest a year-over-year growth of 10.8% [7]

Core Viewpoint - United Utilities has initiated its largest environmental program to modernize water services in North West England, partnering with a Jacobs and VolkerStevin joint venture, C2V, as the Construction Delivery Partner [1][3][11]. Company Overview - United Utilities is one of the U.K.'s largest listed water companies, providing water and wastewater services to approximately seven million people, including three million households and 200,000 business premises [5]. - Jacobs, with around $16 billion in annual revenue and over 60,000 employees, offers a full spectrum of professional services, including consulting and project delivery for both government and private sectors [7]. Investment Program - The capital investment program is valued at approximately $3.8 billion (£3 billion) and will span from 2025 to 2030, with an option to extend for an additional five years [10]. - C2V will provide project management, design, build, and commissioning solutions for complex capital projects related to water and wastewater treatment, pumping stations, reservoirs, bioresources, and energy [9]. Strategic Partnerships - The collaboration aims to transform infrastructure and services in the North West, with a focus on delivering stronger, greener, and healthier outcomes for customers and the environment [3][11]. - Jacobs has been involved with United Utilities for over 10 years, contributing to various engineering services and regulatory submissions [6][12]. Regulatory Oversight - The Water Services Regulation Authority for England and Wales (Ofwat) will review United Utilities' proposals, with a draft response expected by July 2024 and final plans to be agreed by December 2024 [5].

Group 1: Project Overview - Jacobs Solutions Inc. has been awarded a contract by the City of Omaha to provide design services and data solutions for a real-time control decision support system for the city's wastewater collection network [1] - The project aims to maximize the use of existing assets while reducing combined sewer overflows, utilizing Jacobs' Digital OneWater solution, Aqua DNA, to gather data from Supervisory Control and Data Acquisition systems and sensors [2] Group 2: Technology and Benefits - Aqua DNA will collect data on water flow and rainfall to provide real-time insights, enhancing sewer system performance, optimizing operational costs, and delivering long-term environmental benefits to the Missouri River watershed [3] - The project will incorporate hydraulic modeling, machine learning, and artificial intelligence to ensure efficient execution [3] Group 3: Financial Performance and Backlog - Jacobs has seen increased demand for its consulting services across various sectors, including infrastructure, water, environment, and life sciences, as evidenced by its growing backlog [5] - As of the end of fiscal Q2 2024, Jacobs reported a backlog of $29.4 billion, reflecting a 2% year-over-year increase, indicating strong demand for its services [6] - The backlog for People & Places Solutions was $17.92 billion, up from $17.56 billion in the previous year, driven by growth in Life Sciences and Energy markets [6] - Critical Mission Solutions' backlog reached $8.45 billion, a 3.9% year-over-year increase, supported by expansion in the U.K. and U.S. nuclear remediation markets and growth in the U.K. defense sector [7]

Jacobs Engineering Group Inc. (J) is all set to act as lead designer for the Washington State Department of Transportation's SR 509 Stage 2 Completion Project. Guy F. Atkinson Construction LLC will design and construct this critical project, which is part of the Puget Sound Gateway Program. Jacobs will be part of the design-build team. The Jacobs/Atkinson design-build team deliveries include five new bridges and one bridge modification, stormwater conveyance and treatment facilities, and the construction of ...

The contract scope involves the design of three Long Term Control Plan capital projects, including modifications to collection system control structures to actively manage flows in real time. Jacobs will leverage the data platform to evaluate alternative control schemes for these new structures that reduce overflows to the environment. Jacobs will also develop cybersecurity protocols to enhance the city's communication network and SCADA systems security. The deployment of Aqua DNA adds to the City's use of ...

Core Points - Jacobs has been selected as the lead designer for the SR 509 Stage 2 Completion Project by the Washington State Department of Transportation, which is part of the Puget Sound Gateway Program aimed at improving transportation links between I-5 and SR 509, the Port of Seattle, and Sea-Tac Airport [1][2] - The project will include the construction of five new bridges, one bridge modification, stormwater management facilities, and infrastructure for active transportation modes such as walking and cycling [2] - Jacobs has a long-standing partnership with Atkinson, having worked together since 2005 on various projects for the Washington State Department of Transportation, enhancing transportation infrastructure across the state [3] Company Overview - Jacobs is ranked No. 2 in Transportation by Engineering News-Record and provides comprehensive services in planning, developing, financing, designing, constructing, maintaining, and operating transportation infrastructure [4] - The company reported approximately $16 billion in annual revenue and employs over 60,000 professionals, offering a full spectrum of services to both government and private sectors [5] - Atkinson, founded in 1926, specializes in delivering complex heavy civil projects and innovative design and construction solutions [6]