PASADENA, Calif.--(BUSINESS WIRE)--Jacobs Engineering Group Inc. (NYSE:JEC) announced today its selection by BASF as a Global Engineering Partner.
Under a three year contract, Jacobs is providing engineering, procurement and construction management (EPCM) and integrated project management services to BASF for projects around the world.
The selection follows a rigorous process in which Jacobs was able to demonstrate extensive project execution capabilities in India, Southeast Asia, North America and Europe. Jacobs’ international experience in these markets is expected to prove beneficial to BASF as it opens opportunities for further growth and expansion.
In making the announcement Jacobs President, Petroleum and Chemicals, Gary Mandel said, “Our relationship with BASF spans many years, and we are delighted to further strengthen our relationship across the globe. This selection represents a strong endorsement of our international reach and EPCM capabilities, and we look forward to working alongside BASF to support its continued growth and success.”
Jacobs is one of the world's largest and most diverse providers of technical professional and construction services.
Photo Link: http://comms.jacobs.com/htmlemail/specialty/jacobs-basf-group.jpg
Statements made in this release that are not based on historical fact are forward-looking statements. We base these forward-looking statements on management’s current estimates and expectations as well as currently available competitive, financial and economic data. Forward-looking statements, however, are inherently uncertain. There are a variety of factors that could cause business results to differ materially from our forward-looking statements. For a description of some of the factors which may occur that could cause actual results to differ from our forward-looking statements please refer to our 2014 Form 10-K, and in particular the discussions contained under Items 1 - Business, 1A - Risk Factors, 3 - Legal Proceedings, and 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations. We do not undertake to update any forward-looking statements made herein.