| Jacobs Engineering Group, Inc. | (NY: JEC) |
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May 18, 2013
Jacobs Engineering Group (NYSE: JEC) designs and builds refineries, pharmaceutical manufacturing and chemical plants and other types of technically sophisticated facilities for its clients. For instance, the company is responsible for designing all aspects (power/steam generation, underground infrastructure, and tank farm) of a bitumen-collection facility in the oil sands of Fort Hill, Canada. In addition to facility design, the company provides both engineering and consulting services. In its role as NASA's primary services support contractor, the company helps design, test, and analyze space-and aircraft components.
Rising demand for oil has benefited the company in over the last few years. Although the company serves a number of different industries, its biggest source of revenue are refiners and oil exploration and production companies, which the company helps with expanding existing refineries and extracting more oil from existing wells. As oil prices rises, demand for JEC's services also increases.
(Read more at Wikinvest
) - Business Overview
- Business & Financial Metrics[1]
- Business Segments[2]
- Trends and Forces
- US Government Spending Impacts JEC less than competitors
- The Continued Profitability of Name-Brand Prescription Drugs Essential for Jacobs' Pharmaceutical Projects
- Competition
- Competitors by Primary Service Market
- References
