Jacobs Signs Resource Protocol with Magnox Limited in UK
PASADENA, Calif., Jan. 17, 2012 /PRNewswire/ — Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it signed a resource protocol for the recruitment of employees from Magnox Limited to Jacobs’ United Kingdom operations.
Given Jacobs’ extensive experience providing life cycle services to the nuclear industry, this resource protocol provides Jacobs access to a highly skilled pool of talent with which to augment and develop its various teams of experts serving the industry. This protocol also increases the career choices available to Magnox staff who wish to continue to develop their careers in the nuclear industry.
The decommissioning program is one of several agreements Magnox is establishing with external companies to support continuing employment opportunities for its staff. By carefully managing this release, Magnox can retain essential skills at its sites while providing future career opportunities for its employees.
Don Nightingale, Transition Director for Magnox Ltd said, “This type of agreement provides options for our employees who wish to remain in the UK nuclear industry, whether in nuclear decommissioning, nuclear power and electricity generation, or defense projects.”
Jacobs Group Vice President Bob Irvin stated, “Jacobs has a long history of working with Magnox to safely deliver its business objectives, and we are delighted to be selected by Magnox to help expand opportunities for its staff who wish to continue their careers within the industry.”
Jacobs is one of the world’s largest and most diverse providers of technical, professional, and construction services.
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 2011 Form 10-K, 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.
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SOURCE Jacobs Engineering Group Inc.