Jan 17, 2018   SOURCE: BusinessWire

Jacobs Secures Engineering Services Agreement with Carcross/Tagish Energy Corporation

Jacobs Engineering Group Inc. (NYSE:JEC) has signed a three-year master engineering services agreement with Carcross/Tagish Energy Corporation (C/TEC), the energy arm of Carcross/Tagish First Nation (C/TFN). C/TEC operates throughout the Traditional Territories in Southern Yukon and Northern, B.C. It focuses on creating sustainable jobs and eco-energy business opportunities for the community and citizens of the region.

The agreement enables Jacobs to provide engineering services and technical consultation support work for various C/TEC business initiatives and projects in these regions, such as the wind power generation project planned for Montana Mountain.

“Jacobs is committed to developing relationships of mutual understanding and respect with the Indigenous people of the areas in which we operate,” said Jacobs Petroleum and Chemicals President Vinayak Pai. “This agreement marks a significant step for Jacobs in supporting the First Nations of Canada by extending our capabilities to this new energy client and by increasing our market share and growth in this sector.

“We’re confident that we can contribute significant value to the flourishing nation of the C/TFN by leveraging our considerable experience across Canada, where we have delivered many innovative, sustainable solutions and significant cost savings for our power generation and renewables clients.”

Jacobs leads the global professional services sector delivering solutions for a more connected, sustainable world. With $15 billion in combined revenue and a talent force more than 74,000 strong, Jacobs provides a full spectrum of services including scientific, technical, professional and construction- and program-management for business, industrial, commercial, government and infrastructure sectors. For more information, visit www.jacobs.com.

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 Form 10-K for the year ended September 29, 2017, 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.