PASADENA, Calif., June 26, 2012 /PRNewswire/ -- Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it received an award for "Best of the Best" in the large contractor category from the Houston Business Roundtable (HBR) at its 25th Annual Safety Excellence Awards Banquet in Galveston, Texas. The award recognized Jacobs' achievement of 410 thousand work hours with zero lost time incidents (LTIs) at the AkzoNobel Functional Chemicals Battleground project site, as well as 4,989 days with zero LTIs at its Merichem Houston project site.
The achievement reflects Jacobs' culture of caring and deep rooted commitment to safety. The award is presented on an annual basis to the very "Best of the Best" in processes, procedures and employee participation concerning safety. AkzoNobel Battleground and Merichem Houston nominated Jacobs for the award. The process to achieve this recognition involves the project owner nominating a contractor based on eligibility focused on size and core competency of each company. The nominated contractors are audited on documentation, innovation and employee participation, with a key component around site leadership.
In making the announcement, Jacobs Group Vice President Phil Stassi stated, "Words cannot express my delight in accepting the HBR recognition. Receiving 'Best of the Best, Large Contractor' demonstrates to our employees worldwide that obtaining five-plus years without an injury is not only possible, it's being accomplished at our very own sites."
The work scope at the AkzoNobel Battleground site includes mechanical, electrical and instrument maintenance and support of environmental, warehouse and shipping services. The site produces high purity metal organics which require special handling for their pyrophoric and explosive properties. The Merichem Houston site's work scope includes the fabrication of vessels, piping and structures supporting the production of treatment modules used by the petrochemical industry.
Established in 1988, the Houston Business Roundtable (HBR), consisting of Industrial owners in the Greater Houston Gulf Coast area, is dedicated to saving and preserving the lives of industrial workers. HBR recognizes Greater Houston Area Industrial Contractors for outstanding safety performance.
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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