Jacobs Receives Contract from NJDOT for I-280 Harrison Ramp Improvements
PASADENA, Calif., Sept. 13, 2011 /PRNewswire/ — Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it received a contract for $2.3 million from the Hudson County Improvement Authority (HCIA) to develop a preferred alternative for the consolidation of existing ramps and the construction of additional ramps to I-280, located in the Town of Harrison in Hudson County, NJ.
Along with the consolidation of existing ramps and the construction of additional ramps, Jacobs is responsible for the preparation of the appropriate technical environmental studies and an Environmental Assessment pursuant to the National Environmental Policy Act.
Jacobs Group Vice President Kevin J. McMahon stated, “We are pleased to be partnered with the Hudson County Improvement Authority, in cooperation with the New Jersey Department of Transportation, and to be part of this important contract that plays such a vital role within the long-term land use plans of the region.”
The project is expected to improve pedestrian safety, remove truck traffic from local streets and reduce traffic congestion in and around the Harrison area, in addition to improving access to the local neighborhood while providing network connections consistent with the city’s long-term land use plans, particularly the Harrison Waterfront Redevelopment area. The improvements also complement the Stickle Memorial Bridge ramp improvements currently proposed by the New Jersey Department of Transportation.
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 2010 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.