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Stock Market & Financial Investment News

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June 25, 2014
14:08 EDTJECJacobs Engineering awarded contract by ASHTA Chemicals
Jacobs Engineering Group announced that it was awarded a contract to support ASHTA Chemicals in making significant upgrades to its chlorine and potassium-based chemicals plant located in Ashtabula, Ohio. Company officials did not disclose the contract value, but noted that ASHTA is making the $60M investment to improve operational efficiency and reduce the plant’s energy consumption and environmental impact. Under the terms of the contract, Jacobs is providing engineering, procurement and construction management services for the project, which is expected to take between 24-30 months to complete. The investment program includes replacing the plant’s current mercury cell processing technology with membrane cell technology, an environmentally sustainable alternative that is expected to reduce power consumption by approximately 20%, increase component lifetimes, and improve production efficiency and worker safety.
News For JEC From The Last 14 Days
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September 16, 2014
07:47 EDTJECJacobs Engineering ups ownership in Jacobs ZATE
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07:46 EDTJECJacobs Engineering awarded contract option at NASa Marshall Space Flight Center
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September 9, 2014
07:45 EDTJECJacobs Engineering receives contract extension from EDF Energy
Jacobs Engineering Group announced that its contract to provide project services to EDF Energy for its eight nuclear power station sites in the United Kingdom has been extended. Company officials did not disclose the contract value, but noted that the contract is extended by 12 months with an option for a further 12 months. Jacobs is providing a range of project services to support EDF Energy’s program of maintenance and life extension projects at the stations. EDF Energy’s eight stations have a combined capacity of almost 8.8 million kilowatts, making it the UK’s largest generator of low carbon electricity.

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