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Released May 15, 2025 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Engineering, procurement and construction (EPC) titan Jacobs Solutions Incorporated (NYSE:J) (Dallas, Texas) saw its project backlog grow 20% to more than $22 billion, a new record for the company, in its fiscal second quarter as the company found more work in the power, infrastructure and technology markets. Industrial Info is tracking more than $120 billion worth of active and proposed projects across the U.S. featuring Jacobs' services, more than half of which is attributed to projects in the sector for semiconductors and computers.
Click on the image at right for a graph detailing the top 10 parent companies for U.S.-based projects featuring Jacobs' services, by total investment value.
The rising global demand for semiconductor chips and wafers is spurring contracted work for Jacobs, from both international and U.S.-based industry players. Samsung Group (Suwon-si, South Korea) selected Jacobs to perform architectural and engineering (A&E) services for its $10 billion chip-manufacturing plant in Taylor, Texas, which started construction in 2022 and is expected to wrap up in next year's fourth quarter. The facility will produce Samsung's Advanced Logic Chips, which are used in mobile, 5G, artificial intelligence (AI) and other applications.
Samsung also is considering a second phase to the Taylor project, which could begin as early as January 2026 with Jacobs attached. It would include a wing dedicated to research and development. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can read detailed reports on Phase I and Phase II of the Taylor project.
Texas Instruments Incorporated (NASDAQ:TXN) (Dallas, Texas) is proposing an expansion to its semiconductor wafer-fabrication plant in Lehi, Utah, dubbed "LFAB2." The plant produces analog and embedded processing chips for the automotive and industrial industries. The expansion remains in the early planning phases. Subscribers can learn more from a detailed project report.
Bob Pragada, the chief executive officer of Jacobs, said in a recent quarterly earnings-related conference call that the U.S. is seeing some positive signs for domestic semiconductor manufacturing: "Some of the high-bandwidth manufacturers--even some of the larger players--are starting to point those jobs into the U.S. I would say it's early, though. It's early days, which actually still benefits Jacobs, because we're on the early front-end planning and site selection of these programs."
Pragada also said the data-center market was a major driver of end-market revenue growth during Jacobs' fiscal second quarter, notching double-digit increases. Alphabet Incorporated (NASDAQ:GOOGL) (Mountain View, California), the parent company of Google, and Microsoft Corporation (NASDAQ:MSFT) (Redmond, Washington) both have projects under construction with Jacobs attached: Google's $600 million data center campus in Columbus, Ohio, which could wrap up toward the end of the year, and Microsoft's $360 million PHX70 expansion in Goodyear, Arizona, which would provide hyperscale data services. Subscribers can read detailed reports on the projects for Google and Microsoft.
Venk Nathamuni, the chief financial officer of Jacobs, noted in the earnings call that the energy and power business is one of the company's fastest-growing verticals, a trend that is expected to continue. ExxonMobil Corporation (NYSE:XOM) (Spring, Texas) is working with Jacobs on a $200 million carbon capture and storage (CCS) addition to its Shute Creek Natural Gas Treatment Complex in Kemmerer, Wyoming, which is designed to capture roughly 600,000 metric tons of carbon dioxide (CO2) and transport it to a CO2 sales facility. Subscribers can learn more from a detailed project report.
On the transmission and distribution (T&D) side, FirstEnergy Corporation (NYSE:FE) (Akron, Ohio) is contracting Jacobs to develop its$36 million line from Bowling Green to Delta, Ohio, which runs nine miles and will be supported by an $80 million substation in Delta. Energy transported on the line will be generated from natural gas from Ohio's Marcellus and Utica shale formations. Subscribers can read detailed reports on the power line and substation.
Subscribers to Industrial Info's GMI Project and Plant databases can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Subscribers can click here for a full list of detailed project reports for active and proposed projects across the U.S. featuring Jacobs' services.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
Click on the image at right for a graph detailing the top 10 parent companies for U.S.-based projects featuring Jacobs' services, by total investment value.The rising global demand for semiconductor chips and wafers is spurring contracted work for Jacobs, from both international and U.S.-based industry players. Samsung Group (Suwon-si, South Korea) selected Jacobs to perform architectural and engineering (A&E) services for its $10 billion chip-manufacturing plant in Taylor, Texas, which started construction in 2022 and is expected to wrap up in next year's fourth quarter. The facility will produce Samsung's Advanced Logic Chips, which are used in mobile, 5G, artificial intelligence (AI) and other applications.
Samsung also is considering a second phase to the Taylor project, which could begin as early as January 2026 with Jacobs attached. It would include a wing dedicated to research and development. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can read detailed reports on Phase I and Phase II of the Taylor project.
Texas Instruments Incorporated (NASDAQ:TXN) (Dallas, Texas) is proposing an expansion to its semiconductor wafer-fabrication plant in Lehi, Utah, dubbed "LFAB2." The plant produces analog and embedded processing chips for the automotive and industrial industries. The expansion remains in the early planning phases. Subscribers can learn more from a detailed project report.
Bob Pragada, the chief executive officer of Jacobs, said in a recent quarterly earnings-related conference call that the U.S. is seeing some positive signs for domestic semiconductor manufacturing: "Some of the high-bandwidth manufacturers--even some of the larger players--are starting to point those jobs into the U.S. I would say it's early, though. It's early days, which actually still benefits Jacobs, because we're on the early front-end planning and site selection of these programs."
Pragada also said the data-center market was a major driver of end-market revenue growth during Jacobs' fiscal second quarter, notching double-digit increases. Alphabet Incorporated (NASDAQ:GOOGL) (Mountain View, California), the parent company of Google, and Microsoft Corporation (NASDAQ:MSFT) (Redmond, Washington) both have projects under construction with Jacobs attached: Google's $600 million data center campus in Columbus, Ohio, which could wrap up toward the end of the year, and Microsoft's $360 million PHX70 expansion in Goodyear, Arizona, which would provide hyperscale data services. Subscribers can read detailed reports on the projects for Google and Microsoft.
Venk Nathamuni, the chief financial officer of Jacobs, noted in the earnings call that the energy and power business is one of the company's fastest-growing verticals, a trend that is expected to continue. ExxonMobil Corporation (NYSE:XOM) (Spring, Texas) is working with Jacobs on a $200 million carbon capture and storage (CCS) addition to its Shute Creek Natural Gas Treatment Complex in Kemmerer, Wyoming, which is designed to capture roughly 600,000 metric tons of carbon dioxide (CO2) and transport it to a CO2 sales facility. Subscribers can learn more from a detailed project report.
On the transmission and distribution (T&D) side, FirstEnergy Corporation (NYSE:FE) (Akron, Ohio) is contracting Jacobs to develop its$36 million line from Bowling Green to Delta, Ohio, which runs nine miles and will be supported by an $80 million substation in Delta. Energy transported on the line will be generated from natural gas from Ohio's Marcellus and Utica shale formations. Subscribers can read detailed reports on the power line and substation.
Subscribers to Industrial Info's GMI Project and Plant databases can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Subscribers can click here for a full list of detailed project reports for active and proposed projects across the U.S. featuring Jacobs' services.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
