Jacobs Engineering Group Inc.
), a construction services provider, recently increased the count
of its contract awarded in the year 2013, by receiving two
contracts on the same day.
Jacobs received its first contract from Sanofi Pasteur, the
vaccine wing of
). Sanofi S.A., based in France, which is one of the largest
pharmaceutical companies in the world. Sanofi Pasteur produces
more than one billion doses of vaccine each year, saving lives
against more than 20 diseases.
Per the contract, Jacobs is required to provide engineering
services to Sanofi's Flu Vaccine Facility in Ocoyoacac, Mexico.
The value of the contract remains undisclosed.
Jacobs was also selected as one of the panel members by
Australian gas producer, Santos. The contract relates to Santos'
Eastern Australia Business Unit (EABU). The duration as well as
value of this contract are still undisclosed.
Per the contract, Jacobs will provide engineering, design and
project management services for the oil and gas assets of Santos,
in the central and east coast regions of Australia. Jacobs will
carry out its operations from its offices in Adelaide, Melbourne
There has been a long standing association of Jacobs with
Sanofi as well as Santos. These contracts evidently show the
satisfaction these two companies derived from Jacobs' services.
It is believed that both the above contracts will help Jacobs
extend its reach in regions outside the U.S. and give the company
an edge over others.
Jacobs currently carries a Zacks Rank #2 (Buy). Other stocks
worth a look in the services industry are
AECOM Technology Corporation
Mistras Group Inc.
); both carrying a Zacks Rank #2 (Buy) as well.
AECOM TECH CORP (ACM): Free Stock Analysis
JACOBS ENGIN GR (JEC): Free Stock Analysis
MISTRAS GROUP (MG): Free Stock Analysis
SANOFI-AVENTIS (SNY): Free Stock Analysis
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