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Released March 25, 2022 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Founded in 1947, Jacobs Engineering Group Incorporated (NYSE:J) (Dallas, Texas) has become a leading engineering, procurement and construction firm, with Industrial Info tracking $85 billion worth of the company's projects throughout the world, including nearly $61 billion worth in the U.S. Jacobs' U.S. projects demonstrate its diversity, ranging from pharma-biotech to commuter rail projects.
One of Jacobs' biggest projects in the U.S. is for the expansion of an Intel Corporation (NASDAQ:INTC) (Santa Clara, California) semiconductor manufacturing plant in Chandler, Arizona. While large semiconductor projects typically come about in five- to six-year cycles, the COVID-19 pandemic brought both supply chain issues and an increased demand for chips, leading to suppliers struggling to meet demand worldwide and speeding up construction of new plants. Intel broke ground on the $20 billion of fabrication facilities in September last year, with Jacobs providing engineering services. According to local media, it is one of the largest project investments in Arizona's history. The project entails constructing two new semiconductor plants, bringing the number of total manufacturing facilities on the campus to six, in order to help address current shortages. The facilities are expected to be completed in mid-2024. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can click here for the detailed report.
Near its hometown of Dallas, Jacobs is at work on a large commuter rail project which entails constructing a 26-mile train line from the Dallas-Fort Worth International Airport to outlying cities in the Plano/Richardson area, covering three counties and seven cities, and connecting to existing lines. Construction kicked off in late 2019 and is expected to be completed by the end of this year. Subscribers can click here for the report.
Renewable fuels are rapidly gaining ground in the U.S., with several renewable diesel projects underway from major refiners. The increased manufacture of renewable diesel and biodiesel is necessitating a buildout in soybean crushing facilities, as soybean oil is one of the key feedstocks in biofuel manufacturing. The U.S. Department of Agriculture last year predicted that 12 billion pounds of soybean oil would go toward biofuel production in 2021-22, up from 9.5 billion pounds in 2020-21. And this seems set to grow. According to a December 2021 article from Progressive Farmer, "Analysts are having a hard time modeling out the soybean oil needs in the near term and long term as more renewable diesel projects are announced. For now, forecasts call for higher soybean prices, expanded acreage, and not enough soybean oil to go around." Jacobs is in on the action with the expansion of a soybean crushing plant in Sydney, Ohio, for which it is performing design-engineering services. The project calls for construction of an 80,000-square-foot building addition with spaces for preparation, extraction, loading and offices. According to a Cargill press release, "The investment creates greater market access for farmers' crops in the area and allows those farmers to deliver their soybeans more efficiently, as the upgraded plant will unload trucks at a much faster rate." The project is expected to wrap up early next year. Subscribers to Industrial Info's Food & Beverage Project Database can click here for the report.
Other notable Jacobs projects underway include Merck & Company Incorporated's (NYSE:MRK) (Kenilworth, New Jersey) expansion of its Gardasil human papillomavirus (HPV) vaccine plant in Elkton, Virginia, for which Jacobs is providing EPC services. Use of the vaccine has been rising, and in 2019, Merck announced plans to expand its Gardasil plants in Virginia and neighboring North Carolina. The Virginia project entails building a 120,000-square-foot building addition and a new purification train to expand manufacture of the vaccine. The project kicked off in 2019 and is planned to be completed later this year. Subscribers to Industrial Info's Pharma-Biotech Project Database can click here for the report.
The data center sector is booming throughout the world, and Jacobs has several data center projects underway for such notable players as Microsoft Corporation (NASDAQ:MSFT) (Redmond, Washington) and Edgecore Internet Real Estate (Broomfield, Colorado). Jacobs' Microsoft project is a multiphase project involving expansions of the company's data technology campus in Goodyear, Arizona, on the southwestern outskirts of Phoenix. Jacobs currently is providing engineering work on the Phase II expansion of the campus, involving construction of a 242,680-square-foot building that will expand Microsoft's hyperscale data services in the region. The project kicked off last summer and is expected to be completed in the near future. Subsequent expansions are in the planning and engineering stages. Subscribers can click here for related reports.
For more on the data center market, Industrial Info's complimentary webinar on the global rise in data center infrastructure investments from earlier this month is available in our on-demand webinar library.
Industrial Info Resources (IIR) is the world's leading provider of market intelligence across the upstream, midstream and downstream energy markets and all other major industrial markets. IIR's Global Market Intelligence Platform (GMI) supports our end-users across their core businesses, and helps them connect trends across multiple markets with access to real, qualified and validated project opportunities. Follow IIR on: LinkedIn.
One of Jacobs' biggest projects in the U.S. is for the expansion of an Intel Corporation (NASDAQ:INTC) (Santa Clara, California) semiconductor manufacturing plant in Chandler, Arizona. While large semiconductor projects typically come about in five- to six-year cycles, the COVID-19 pandemic brought both supply chain issues and an increased demand for chips, leading to suppliers struggling to meet demand worldwide and speeding up construction of new plants. Intel broke ground on the $20 billion of fabrication facilities in September last year, with Jacobs providing engineering services. According to local media, it is one of the largest project investments in Arizona's history. The project entails constructing two new semiconductor plants, bringing the number of total manufacturing facilities on the campus to six, in order to help address current shortages. The facilities are expected to be completed in mid-2024. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can click here for the detailed report.
Near its hometown of Dallas, Jacobs is at work on a large commuter rail project which entails constructing a 26-mile train line from the Dallas-Fort Worth International Airport to outlying cities in the Plano/Richardson area, covering three counties and seven cities, and connecting to existing lines. Construction kicked off in late 2019 and is expected to be completed by the end of this year. Subscribers can click here for the report.
Renewable fuels are rapidly gaining ground in the U.S., with several renewable diesel projects underway from major refiners. The increased manufacture of renewable diesel and biodiesel is necessitating a buildout in soybean crushing facilities, as soybean oil is one of the key feedstocks in biofuel manufacturing. The U.S. Department of Agriculture last year predicted that 12 billion pounds of soybean oil would go toward biofuel production in 2021-22, up from 9.5 billion pounds in 2020-21. And this seems set to grow. According to a December 2021 article from Progressive Farmer, "Analysts are having a hard time modeling out the soybean oil needs in the near term and long term as more renewable diesel projects are announced. For now, forecasts call for higher soybean prices, expanded acreage, and not enough soybean oil to go around." Jacobs is in on the action with the expansion of a soybean crushing plant in Sydney, Ohio, for which it is performing design-engineering services. The project calls for construction of an 80,000-square-foot building addition with spaces for preparation, extraction, loading and offices. According to a Cargill press release, "The investment creates greater market access for farmers' crops in the area and allows those farmers to deliver their soybeans more efficiently, as the upgraded plant will unload trucks at a much faster rate." The project is expected to wrap up early next year. Subscribers to Industrial Info's Food & Beverage Project Database can click here for the report.
Other notable Jacobs projects underway include Merck & Company Incorporated's (NYSE:MRK) (Kenilworth, New Jersey) expansion of its Gardasil human papillomavirus (HPV) vaccine plant in Elkton, Virginia, for which Jacobs is providing EPC services. Use of the vaccine has been rising, and in 2019, Merck announced plans to expand its Gardasil plants in Virginia and neighboring North Carolina. The Virginia project entails building a 120,000-square-foot building addition and a new purification train to expand manufacture of the vaccine. The project kicked off in 2019 and is planned to be completed later this year. Subscribers to Industrial Info's Pharma-Biotech Project Database can click here for the report.
The data center sector is booming throughout the world, and Jacobs has several data center projects underway for such notable players as Microsoft Corporation (NASDAQ:MSFT) (Redmond, Washington) and Edgecore Internet Real Estate (Broomfield, Colorado). Jacobs' Microsoft project is a multiphase project involving expansions of the company's data technology campus in Goodyear, Arizona, on the southwestern outskirts of Phoenix. Jacobs currently is providing engineering work on the Phase II expansion of the campus, involving construction of a 242,680-square-foot building that will expand Microsoft's hyperscale data services in the region. The project kicked off last summer and is expected to be completed in the near future. Subsequent expansions are in the planning and engineering stages. Subscribers can click here for related reports.
For more on the data center market, Industrial Info's complimentary webinar on the global rise in data center infrastructure investments from earlier this month is available in our on-demand webinar library.
Industrial Info Resources (IIR) is the world's leading provider of market intelligence across the upstream, midstream and downstream energy markets and all other major industrial markets. IIR's Global Market Intelligence Platform (GMI) supports our end-users across their core businesses, and helps them connect trends across multiple markets with access to real, qualified and validated project opportunities. Follow IIR on: LinkedIn.