Jacobs gets new name and wins New Mexico water contract
24 August 2022US company Jacobs Engineering Group will change its name to Jacobs Solutions Inc. and has announced a design contract for a water supply system in New Mexico.
The rebranding comes with a new holding company structure, with a new parent organisation, also called Jacobs Solutions Inc., taking charge from 29th August 2022.
The internal transaction will be tax-free for Jacobs and its stockholders under US federal income tax, with current stockholders automatically having their shares transferred.
Jacobs has also announced it will design the final phases of the Eastern New Mexico Water Utility Authority’s (ENMWUA) rural water supply system.
The project will provide water from the Ute Reservoir to 55,000 people across the cities of Clovis, Portales, Texico, the town of Elida, Cannon Air Force Base and unincorporated areas in Roosevelt and Curry counties in eastern New Mexico.
The new system will replace current groundwater withdrawals from the declining Ogallala Aquifer.
Work on the $940m project includes construction of a raw water intake structure, three pump stations, a 28-million-gallons-per-day water treatment plant in Curry County and 140 miles of water pipelines.
Jacobs will use its Replica Digital Twin technology to connect elements of the water supply system at a centralised data hub in the treatment plant.
The system is due to be completed between 2027 and 2031.
Jacobs has previously worked with ENMWUA on earlier design work for the rural water supply system and provided on-site construction management for the raw intake structure.
Related
-
Wabtec secures $405m Kazakhstan locomotive deal
2 November 2024
-
Webuild picked for radical makeover of Bologna FC’s Dall’Ara stadium
1 November 2024
-
CHMC Signed a Complete Equipment Supply Project Contract of Turkey Profile Steel Production Line
31 October 2024
-
Chinese firm wins facade work on world’s tallest tower
31 October 2024
-
Thiess-Khishig Arvin Joint Venture secures three-year mining services contract in Mongolia
31 October 2024
-
Tadweer Group signed agreement for waste to energy plant in Uzbekistan
30 October 2024