DALLAS--(BUSINESS WIRE)--Jacobs Engineering Group Inc. (NYSE:JEC) has been awarded a contract by Invex Infraestructura 4, S.A.P.I. de C.V. (INI4) for a greenfield fuel storage and distribution terminal in Tula Hidalgo, Mexico. Under the terms of the contract, Jacobs is expected to perform engineering services and support INI4 with regulation compliance and safe and efficient execution. The engineering phase will provide the basis for construction and operation of the strategic terminal.
“Jacobs’ fuel storage and terminals knowledge and proven track record for providing innovative, end-to-end solutions were key factors in securing the contract,” said Jacobs Petroleum and Chemicals Senior Vice President and General Manager Global Operations Mark Bello. “This project, which is expected to help boost confidence in fuel supply throughout the country, is fully in line with Jacobs’ strategy and continued focus on developing storage terminal opportunities in Mexico and Latin America.”
Jacobs is one of the world’s largest and most diverse providers of full-spectrum technical, professional and construction services for industrial, commercial and government organizations globally. The company employs over 54,000 people and operates in more than 25 countries around the world. 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 30, 2016, 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.