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Jacobs Engineering Group Inc

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BUSINESS
February 24, 2006
Pasadena-based Jacobs Engineering Group Inc., the second-largest U.S. engineering-services company, named President Craig Martin as successor to Chief Executive Noel Watson, who will remain chairman.
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BUSINESS
December 30, 2013
The company: Jacobs Engineering Group Inc. Headquarters: Pasadena Ticker: JEC Employees: 48,600 Leadership: Craig L. Martin, chief executive since 2006 Fiscal 2013 revenue: $11.8 billion Fiscal 2013 net income: $423 million Stock price: $61.73 at Friday's close 52-week range: $41.50 to $64.27 P/E ratio: 17, based on estimated fiscal 2014 earnings Quarterly dividend: none
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BUSINESS
December 30, 2013 | By Stuart Pfeifer
Jacobs Engineering Group Inc., which started as a one-man consulting shop in 1947, has grown into one of the largest and most respected U.S. engineering firms. The Pasadena construction consulting company handles engineering, architecture and construction projects for governments and businesses worldwide. It has clients in oil and gas, chemicals, aerospace, defense, mining, pharmaceuticals, power, paper, technology, food and other industries. Founder Joseph J. Jacobs, the son of Lebanese parents, built the company into a $1-billion business by the time he retired in 1992 at age 76, pushing it into the lucrative environmental services business.
BUSINESS
February 3, 1994 | From Times Staff and Wire Reports
Pasadena Firm Wins Chevron Job: Jacobs Engineering Group Inc. said it won the contract from Chevron U.S.A. Products Co. to modernize a fluid catalytic cracking unit at Chevron's Richmond, Calif., refinery. The job is worth about $290 million. The project will increase valuable light-oil product output and improve the unit's energy efficiency.
BUSINESS
March 4, 1994
Pasadena Firm Awarded Contract by Chevron: Jacobs Engineering Group Inc. has been awarded the $80-million contract to upgrade an oil refinery in Northern California so Chevron Corp. can comply with new pollution laws. The first new processing units at the facility in Richmond will be operational by this summer, Jacobs said. The upgrade is needed to meet new reformulated gasoline standards mandated by the federal Clean Air Act and the California Air Resources Board.
BUSINESS
November 3, 2007 | From Times Staff and Wire Reports
Pasadena-based Jacobs Engineering Group Inc. agreed to buy Texas-based Carter & Burgess, adding 3,200 consultants and expanding in Southern and Western states. Terms of the deal weren't disclosed.
BUSINESS
August 16, 2001
Sverdrup Technology Inc., a unit of Pasadena-based Jacobs Engineering Group Inc., will pay $2.5 million to settle claims it overcharged NASA in the early 1990s, the Justice Department said. Sverdrup officials were unavailable for comment.
BUSINESS
November 6, 2007 | From a Times Staff Writer
Pasadena-based Jacobs Engineering Group Inc. said Monday that its fourth-quarter earnings rose 43% and its annual profit jumped nearly 46%. The construction services provider said it earned $287.1 million, or $2.35 a share, on revenue of $8.5 billion for its fiscal year ended Sept. 30. That compares with $196.9 million, or $1.64 a share, for fiscal 2006. The fourth quarter was similarly strong. Revenue rose to $2.3 billion, up from $2 billion in the same period last year.
BUSINESS
November 3, 2007 | From Times Staff and Wire Reports
Pasadena-based Jacobs Engineering Group Inc. agreed to buy Texas-based Carter & Burgess, adding 3,200 consultants and expanding in Southern and Western states. Terms of the deal weren't disclosed.
BUSINESS
July 25, 2007 | From Times Wire Services
Construction services provider Jacobs Engineering Group Inc. said its fiscal third-quarter earnings rose nearly 48% on higher revenue from its technical professional services unit. The Pasadena company earned $74.8 million, or 61 cents a share, compared with $50.6 million, or 42 cents, a year earlier. Revenue increased 8% to $2.08 billion. Shares of Jacobs fell 71 cents to $64.98.
BUSINESS
July 13, 2007 | From Times Wire Services
NASA awarded a contract worth as much as $561 million to a unit of construction services company Jacobs Engineering Group Inc. to provide facility operation services at the Stennis Space Center in Mississippi. Jacobs Technology Inc. won the 10-year deal, which has a three-year base and seven potential one-year options.
NATIONAL
April 22, 2007 | From Times Wire Reports
An "average" job review led a space engineer to buy a gun, then kill a co-worker he blamed for the appraisal and himself at NASA's Johnson Space Center, police said. The engineer, Bill Phillips, 60, left rambling notes saying his victim, David Beverly, 62, had called him stupid. Phillips, a contract employee at NASA for Pasadena-based Jacobs Engineering Group Inc.
BUSINESS
July 26, 2006 | From the Associated Press
Jacobs Engineering Group Inc., a provider of engineering services to various industries, said fiscal third-quarter earnings rose 38% as sales surged. Net income was $50.6 million, or 84 cents a share, up from $36.6 million, or 62 cents, a year earlier. Analysts polled by Thomson Financial had expected earnings of 76 cents a share. Revenue rose 33% to $1.93 billion.
BUSINESS
April 25, 2006
* Pasadena-based Jacobs Engineering Group Inc. posted a 60% jump in second-quarter profit to $44.5 million, up from $27.8 million a year earlier. For the quarter ended March 31, Jacobs said its revenue rose 29% to $1.8 billion.
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