Jacobs Selected By Eastman For Construction, Maintenance And Turnaround Services At Two Manufacturing Facilities

DALLAS, July 10, 2018 /PRNewswire/ --Jacobs Engineering Group Inc. (NYSE:JEC) was awarded a contract from Eastman Chemical Company to provide capital construction, maintenance and turnaround services at its facilities in Longview, Texas, and Kingsport, Tennessee.

This contract represents additional maintenance services scope at the Kingsport facility where Jacobs has previously provided capital construction services. The company will also expand its delivery to maintenance and construction at Eastman's Longview facility.

"Our execution approach drives increased productivity while delivering cost efficiencies through resource and program operations synergies," said Jacobs Construction, Maintenance and Turnarounds Senior Vice President and General Manager Stephen Hillier. "This enterprise-wide delivery model allows us to create value for Eastman, which they can use to drive their innovation and sustainability efforts."

Jacobs has supported Eastman's vision since 2010, providing construction support for major capital projects at its largest manufacturing sites.

Jacobs leads the global professional services sector delivering solutions for a more connected, sustainable world. With $15 billion in fiscal 2017 revenue when combined with full-year CH2M revenues and a talent force of more than 77,000, Jacobs provides a full spectrum of services including scientific, technical, professional and construction- and program-management for business, industrial, commercial, government and infrastructure sectors. For more information, visit www.jacobs.com, and connect with Jacobs on LinkedIn, Twitter, Facebook and Instagram.

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 29, 2017, 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.

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