HOUSTON, Jan. 17 /PRNewswire-FirstCall/ -- Jacobs Engineering Group Inc. announced today that a subsidiary company has received a contract from The Methodist Hospital to provide program management services for planning, design, construction, and initial occupancy of the hospital’s new research facility in Houston, Texas.
Officials estimate the value of the program at $155 million.
The program includes up to 300,000 square feet of research laboratories and support space located in the Texas Medical Center. The research institute is part of an expanding Methodist complex comprising multiple facilities. The hospital’s planned building program also includes several levels of parking and pedestrian sky bridges connecting various Methodist facilities.
In making the announcement, Jacobs Group Vice President Warren Dean stated, “We are extremely pleased that The Methodist Hospital System selected us to partner with them on their state-of-the-art research institute project. We look forward to working with them as they seek to realize the vision they are developing for their capital program.”
Jacobs, with over 38,000 employees and revenues approaching $6.0 billion, provides technical, professional, and construction services globally.
Any statements made in this release that are not based on historical fact are forward-looking statements. Although such statements are based on management’s current estimates and expectations, and currently available competitive, financial, and economic data, forward-looking statements are inherently uncertain. We, therefore, caution the reader that there are a variety of factors that could cause business conditions and results to differ materially from what is contained in 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 2005 Form 10-K, and in particular the discussions contained under Items 1 - Business, 3 - Legal Proceedings, and 7 - Management’s Discussion and Analysis of Financial Condition and Results of Operations. We also caution the readers of this release that we do not undertake to update any forward-looking statements made herein.
For additional information contact: Rod Sharp 626.578.6992 (Logo: http://www.newscom.com/cgi-bin/prnh/20051021/LAJACOBSEGLOGO )
Photo: http://www.newscom.com/cgi-bin/prnh/20051021/LAJACOBSEGLOGOAP Archive: http://photoarchive.ap.orgPRN Photo Desk, photodesk@prnewswire.comJacobs Engineering Group Inc.
CONTACT: Rod Sharp of Jacobs Engineering Group Inc., +1-626-578-6992
Web site: http://www.jacobs.com/
