Jacobs Solutions

Jacobs Engineering was founded in 1947, by Joseph J. Jacobs. The company's chief executive officer is Bob Pragada. He has been the CEO since January 2023. Steve Demetriou, the CEO from 2015 to 2023, now serves as the executive chair. The previous president and CEO was Craig L. Martin from 2006 until 2014.{{cite web|title=Jacobs Engineering CEO Craig Martin announces retirement, cites health reasons|url=http://www.startribune.com/business/283647381.html|publisher=Star Tribune|access-date=November 25, 2014|date=November 23, 2014|url-status=dead|archive-url=https://web.archive.org/web/20141129074407/http://www.startribune.com/business/283647381.html|archive-date=November 29, 2014}}

The company is publicly traded as a Fortune 500 company.{{Cite web|url=http://fortune.com/fortune500/jacobs-engineering-group/|title=Jacobs Engineering Group|website=Fortune|language=en-US|access-date=November 29, 2018|archive-date=June 18, 2017|archive-url=https://web.archive.org/web/20170618202830/http://fortune.com/fortune500/jacobs-engineering-group/|url-status=dead}} As of September 2018, Jacobs had more than 80,800 employees globally, and more than 400 offices in North America, South America, Europe, the Middle East, Australia, Africa, and Asia. In October 2016, the company moved its headquarters from Pasadena, California to Dallas.

On August 9, 2017, the Pentagon awarded a $4.6 billion Integrated Research & Development for Enterprise Solutions (IRES) follow-on contract to Jacobs Technology Inc, a unit of Jacobs Engineering Group Inc. to provide products and services for the Missile Defense Agency and its Missile Defense Integration and Operations Center.{{Cite news|url=https://www.reuters.com/article/us-jacobs-engr-grp-pentagon-idUSKBN1AP2LQ|title=Jacobs Technology wins $4.6 billion U.S. defense contract: Pentagon|date=August 9, 2017|work=Reuters|access-date=August 9, 2017}}{{Cite news|url=https://www.defense.gov/News/Contracts/Contract/Article/1273544/|title=Contracts for August 9, 2017|work=U.S. Department of Defense|access-date=August 9, 2017}} In October 2018, Jacobs agreed to sell its Energy, Chemicals and Resources (ECR) segment to WorleyParsons, a company in North Sydney, Australia.{{cite news|url=https://www.reuters.com/article/us-jacobs-m-a-worleyparsons/australias-worleyparsons-to-buy-jacobs-energy-resources-arm-for-3-3-billion-idUSKCN1MV11Q |title=Australia's WorleyParsons to buy Jacobs energy, resources arm for $3.3 billion |website=Reuters |date=October 21, 2018 |access-date=January 6, 2019}} In April 2021, the Institute on Taxation and Economic Policy listed the top 55 corporations which paid $0 in taxes for the year 2020. Jacobs{{'}} federal income taxes for that year were negative $37 million dollars for an effective tax rate of −17.4%.{{cite web|url=https://itep.org/55-profitable-corporations-zero-corporate-tax/ |title=55 Corporations Paid $0 in Federal Taxes on 2020 Profits |website= |access-date=May 21, 2021}}

As of 2023, the company forms part of the Dow Jones Sustainability Indices.{{cite web |url=https://www.jacobs.com/newsroom/press-release/jacobs-recognized-dow-jones-sustainability-world-index-and-cdp-list |title=Jacobs Recognized in the Dow Jones Sustainability World Index and CDP a List |website=Jacobs |date=20 December 2022}}{{cite news |last1=Walker |first1=Andy |title=Jacobs gains global recognition for sustainability leadership |url=https://infra.global/jacobs-gains-global-recognition-for-sustainability-leadership/ |access-date=9 October 2024 |publisher=Infrastructure Global |date=21 December 2022}} In 2024, Jacobs spun-off its Critical Mission Solutions and Cyber and Intelligence Government Services businesses which merged with privately-held Amentum Government Services Holding LLC to create a new, publicly-traded company, Amentum.{{cite web |title=Amentum Announces Agreement to Merge with Jacobs' Critical Mission Solutions and Cyber and Intelligence Businesses |url=https://www.amentum.com/amentum/ |website=Amentum |access-date=9 October 2024 |date=20 November 2023}}{{cite web |title=Jacobs to Spin-off{{sic|nolink=y}} and Merge its Critical Mission Solutions and Cyber & Intelligence Government Services Businesses with Amentum, Creating an Independent, Publicly Traded Company |url=https://www.jacobs.com/newsroom/press-release/jacobs-spin-off-and-merge-its-critical-mission-solutions |website=Jacobs |access-date=9 October 2024 |date=20 November 2023}}

On December 10, 1998, it was announced that Jacobs would acquire closely held engineering firm, Sverdrup for $200 million.{{Cite web |last=Archives |first=L. A. Times |date=1998-12-10 |title=Jacobs Engineering Agrees to Buy Sverdrup |url=https://www.latimes.com/archives/la-xpm-1998-dec-10-fi-52403-story.html |access-date=2025-03-20 |website=Los Angeles Times |language=en-US}} In 2001, Jacobs acquired the international operations, including the international consultancy Sir Alexander Gibb & Partners (Gibb Ltd) based in the UK, from Law Engineering and Environmental Services in Atlanta.{{cite news |last1=Nguyen |first1=Hang |title=Jacobs Engineering to Buy LawGibb Group |url=https://www.latimes.com/archives/la-xpm-2001-feb-14-fi-25135-story.html |access-date=18 August 2023 |work=Los Angeles Times |date=14 February 2001}}{{cite magazine |last1=Bolton |first1=Andrew |title=Gibb sold by parent Law |url=https://www.newcivilengineer.com/archive/gibb-sold-by-parent-law-22-02-2001/ |access-date=18 August 2023 |magazine=New Civil Engineer |date=22 February 2001}}

In FY 2007, Jacobs acquired the privately held planning, engineering and design firm, Edwards and Kelcey of Morristown, New Jersey for an undisclosed amount.{{Cite web|url=https://njbiz.com/jacobs-engineering-to-buy-edwards-and-kelcey|title = Jacobs Engineering to Buy Edwards and Kelcey|date = March 22, 2007}} In FY 2008, Jacobs spent $264 million to acquire Carter and Burgess, Lindsey Engineering and a 60% stake in Zamel and Turbag Consulting Engineers.{{cite web|url=http://d1lge852tjjqow.cloudfront.net/CIK-0000052988/83589bd0-e26e-499c-b00f-940e9869679f.pdf|title=2008 Annual Report|website=Jacobs|access-date=September 3, 2019}} In FY 2010, Jacobs acquired TechTeam, Tybrin, and Jordan, Jones and Goulding. They paid $259.5 million for the three companies.{{cite web|url=http://d1lge852tjjqow.cloudfront.net/CIK-0000052988/b6c686bc-0c70-47c9-ae75-a50e3f6807c3.pdf|title=2010 Annual Report|website=Jacobs|access-date=September 3, 2019}}

In FY 2014, Jacobs announced it completed a merger transaction with Sinclair Knight Merz (SKM), a 6,900-person professional services firm headquartered in Sydney. The purchase price was an enterprise value of AUS$1.2 billion (US$1.1 billion) plus adjustments for cash, debt and other items.{{Cite web|url=https://invest.jacobs.com/investors/Press-Release-Details/2013/Jacobs-Completes-Merger-Transaction-with-Sinclair-Knight-Merz/default.aspx|title=Jacobs Completes Merger Transaction with Sinclair Knight Merz|website=invest.jacobs.com}} On August 2, 2017, Jacobs acquired CH2M Hill based in Englewood, Colorado– an engineering firm in infrastructure and government service sectors, including water, transportation, environmental and nuclear, in a $3.27 billion cash-and-stock deal."[https://finance.yahoo.com/news/jacobs-engineering-buy-ch2m-hill-104504377.html Jacobs Engineering to boost government business with CH2M buy]," Reuters, August 2, 2017. Retrieved August 2, 2017.

In March 2020, Jacobs acquired Wood Nuclear, the nuclear services arm of John Wood Group of the UK, for £250 million, adding 2000 staff. Jacobs' total UK workforce was now almost 11,000.{{cite news |last1=Lowe |first1=Tom |title=Jacobs snaps up Wood's nuclear business for £250m |url=https://www.building.co.uk/news/jacobs-snaps-up-woods-nuclear-business-for-250m/5104768.article |access-date=March 9, 2020 |work=Building |date=March 9, 2020}} In December 2020, Jacobs announced it would be investing in PA Consulting based in London, in a deal valued at £1.825 billion. Completion of the deal was expected to take place by the end of Q1 2021.{{cite web |title=Carlyle exits PA Consulting stake following Jacobs investment |url=https://www.consultancy.uk/news/26258/carlyle-exits-pa-consulting-stake-following-jacobs-investment |website=Consultancy UK|date=December 2020 }} On February 7, 2022, Jacobs announced that it would enter into a joint venture with the Qatar based entity Locus Engineering Management and Services Co. W.L.L, an Asset Management company with interests in building maintenance, infrastructure, oil and gas support services, and engineering. The terms of the venture were not disclosed.{{cite web |title=Jacobs Acquires Mobility Analytics Leader StreetLight Data, Inc |url=https://www.prnewswire.com/news-releases/jacobs-acquires-mobility-analytics-leader-streetlight-data-inc-301476275.html |website=PR Newswire|date=February 2022 }}

{{main|Kingston Fossil Plant coal fly ash slurry spill}}

The Kingston Fossil Plant coal fly ash slurry spill was an environmental and industrial disaster which occurred on Monday December 22, 2008, when a dike ruptured at a coal ash pond at the Tennessee Valley Authority's Kingston Fossil Plant in Harriman, Tennessee releasing {{convert|1.1|e9USgal|e6m3|abbr=off|sp=us}} of coal fly ash slurry.{{Cite web |date=August 26, 2019 |title=A Lawyer, 40 Dead Americans, and a Billion Gallons of Coal Sludge |url=https://www.mensjournal.com/features/coal-disaster-killing-scores-rural-americans/ |access-date=March 16, 2022 |website=Men's Journal |language=en-US}} The Tennessee Valley Authority hired Jacobs Engineering to clean up the spill.{{Cite web |last=Satterfield |first=Jamie |title=Kingston coal ash case: From spill to sicknesses to lawsuits |url=https://www.knoxnews.com/story/news/2019/02/05/kingston-coal-ash-spill-timeline-lawsuit/2767409002/ |access-date=March 16, 2022 |website=Knoxville News Sentinel |language=en-US}} In the years after the spill at the cleanup site, a number of workers suffered health effects.{{cite news |last=Wilkins |first=Jason Moon |date=August 24, 2018 |title=Workers Who Cleaned Up The Kingston Coal Ash Spill Say They Were Misled About The Danger |work=Nashville Public Radio |url=https://www.nashvillepublicradio.org/post/workers-who-cleaned-kingston-coal-ash-spill-say-they-were-misled-about-danger#stream/0 |url-status=live |archive-url=https://web.archive.org/web/20180825123636/http://www.nashvillepublicradio.org/post/workers-who-cleaned-kingston-coal-ash-spill-say-they-were-misled-about-danger#stream/0 |archive-date=August 25, 2018}}

As early as 2012, workers began to report illnesses which they believed were caused by the cleanup, and by the ten year anniversary of the event, hundreds of workers had been sickened and more than 30 had died.{{Cite web |last=Satterfield |first=Jamie |title=On 10th anniversary of Kingston coal ash spill, workers who went 'through hell and back' honored |url=https://www.knoxnews.com/story/news/crime/2018/12/22/kingston-coal-ash-spill-workers-10th-anniversary/2333826002/ |access-date=March 16, 2022 |website=Knoxville News Sentinel |language=en-US}} In May 2023, it was reported that more than 50 workers had died and 150 were sick.{{Cite web |last=Satterfield |first=Jamie |title=Jacobs Engineering settles Kingston coal ash case |url=https://tennesseelookout.com/2023/05/23/jacobs-engineering-settles-kingston-coal-ash-case/ |access-date=May 24, 2023 |website=Tennessee Lookout |date=May 23, 2023 |language=en-US}} In 2013, 50 workers and their families filed a lawsuit against contractor Jacobs Engineering. They were represented by Knoxville lawyer James K. Scott and the lawsuit was dismissed by judge Thomas A. Varlan, chief justice for the U.S. District Court for the Eastern District of Tennessee in 2014. This ruling was reversed by the U.S. Court of Appeals for the Sixth Circuit after evidence was discovered that Jacobs Engineering had misled the workers about the dangers of coal ash.

A federal jury ruled in favor of the workers seeking compensation in November 2018. The ruling held that Jacobs Engineering had failed to keep the workers safe from environmental hazards, and had misled them about the dangers of coal ash, mainly by claiming that extra protective equipment, such as masks and protective clothing, was unnecessary.{{Cite web |date=February 19, 2019 |title=Neglected threat: Kingston's toxic ash spill shows the other dark side of coal |url=https://www.nationalgeographic.com/environment/article/coal-other-dark-side-toxic-ash |archive-url=https://web.archive.org/web/20210220123817/https://www.nationalgeographic.com/environment/article/coal-other-dark-side-toxic-ash |url-status=dead |archive-date=February 20, 2021 |access-date=March 16, 2022 |website=Environment |language=en}}{{Cite web |last=Satterfield |first=Jamie |title=Jury: Jacobs Engineering endangered Kingston disaster clean-up workers |url=https://www.knoxnews.com/story/news/crime/2018/11/07/verdict-reached-favor-sickened-workers-coal-ash-cleanup-lawsuit/1917514002/ |access-date=March 16, 2022 |website=Knoxville News Sentinel |language=en-US}} In a phase two of the trial, the Kingston cleanup workers will be able to seek damages. In April 2020, 52 workers rejected a $10 million settlement offered by Jacobs Engineering.{{cite news |last=Powers |first=Mary B. |date=April 21, 2020 |title=Coal-Ash Spill Cleanup Workers Reject Reputed $10M Exposure Settlement |work=Engineering News-Record |url=https://www.enr.com/articles/49225-coal-ash-spill-cleanup-workers-reject-reputed-10m-exposure-settlement}}

{{See also|Hinkley Point C nuclear power station}}

Jacobs Engineering is building the Hinkley Point C nuclear reactor, controversial for the reason of its excessive delays and cost overruns. “It’s three times over cost and three times over time where it’s been built in Finland and France,” said Paul Dorfman of UCL (University College London) Energy Institute.{{Cite web |date=December 21, 2017 |title=Hinkley Point: the 'dreadful deal' behind the world's most expensive power plant |url=http://www.theguardian.com/news/2017/dec/21/hinkley-point-c-dreadful-deal-behind-worlds-most-expensive-power-plant |access-date=March 16, 2022 |website=the Guardian |language=en}} The companies involved have been accused of a conflict of interest as the company advising the UK about cost management was owned by Jacobs Engineering, while Jacobs was working for the company managing an Électricité de France project.{{Cite news |last=Ralph |first=Alex |title=Hinkley firm in conflict row over links to French |newspaper=The Times |language=en |url=https://www.thetimes.com/business-money/energy/article/hinkley-firm-in-conflict-row-over-links-to-french-m8mzv0cxt |access-date=March 17, 2022 |issn=0140-0460}} Thus, a subsidiary of a company hired by EDF was advising the UK how much money to grant EDF.

The Rhode Island Department of Environmental Management is investigating the WRWTF plant, which is run by Jacobs, for spillage of an estimated 10 million gallons of wastewater with incomplete treatment into the Blackstone River in June 2022. Previous investigations resulted in letters of noncompliance given to Jacobs in 2021 and 2020.{{cite news |title=DEM: Partially treated wastewater in Blackstone River |url=https://www.wpri.com/news/local-news/blackstone-valley/dem-partially-treated-wastewater-in-blackstone-river/ |access-date=June 5, 2022 |work=WPRI.com |date=June 5, 2022}}

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Category:1947 establishments in California

Category:Companies listed on the New York Stock Exchange

Category:Companies based in Dallas

Category:Construction and civil engineering companies of the United States

Category:Construction and civil engineering companies established in 1947

Category:American companies established in 1947

Category:Engineering consulting firms of the United States

Category:International engineering consulting firms

Category:Multinational companies headquartered in the United States