Jacobs Engineering Boasts Near-Record Backlog as Refining, Chemicals Demand Grows, Lowers Capex

SUGAR LAND--July 29, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Jacobs Engineering Group Incorporated (NYSE:JEC) (Pasadena, California), a leading worldwide provider of technical and construction services, reported solid profits in the third quarter of the company's 2015 fiscal year, as cost cuts and strong business from the Petroleum Refining and Chemicals Processing industries more than offset a drop in revenues. Industrial Info is tracking more than $77 billion in active projects involving Jacobs.

Within this article: Details on Jacobs' quarter and global projects, including the recently announced, $1 billion expansion of Monsanto Company's (NYSE:MON) herbicides plant in Luling, Louisiana.