Opinion on  Jacobs Engineering Group Inc. (JEC)     Sector: Capital Goods  >  Industry: Construction Services
Jacobs Engineering Group Inc.

Jacobs Engineering Group, Inc. provides technical, professional, and construction services to industrial, commercial, and governmental customers worldwide. The company designs and engineers modern process plants, including projects for clients in the chemicals and polymers, pharmaceuticals and biotechnology, oil and gas refining, food and consumer products, and basic resources industries; buildings, such as facilities for healthcare, education, and criminal justice markets, as well as other buildings for clients in the private sector; infrastructure projects, including highways, roads, bridges, and other transportation systems, as well as water and wastewater treatment plants, water resources facilities, and other plants and facilities; technology and manufacturing facilities for clients in the aerospace, automotive, defense, semiconductor, and electronics industries; consumer products manufacturing facilities; and pulp and paper plants. It also offers consulting services, such as performing pricing studies, market analyses, and financial projections in determining the feasibility of a project; performing gasoline reformulation modeling; analyzing and evaluating layout and mechanical designs; analyzing automation and control systems; analyzing, designing, and executing biocontainment strategies; developing and performing process protocols with respect to Federal Drug Administration-mandated qualification and validation requirements; providing consultation on proposed railway and airport expansion projects; and performing geological and metallurgical studies. In addition, Jacobs Engineering Group provides traditional field construction services, environmental remedial construction services, and modular construction technology services. Further, it offers operations and maintenance services, such as management and support services, including subcontractors and other onsite personnel. The company was founded in 1957 and is based in Pasadena, California.

The stock I really want to share with you right now is a construction company, Jacobs Engineering ( JEC ). Just like that South American financial company, Jacobs' profits are unaffected by the housing meltdown –but for a different reason. Jacobs has significant contracts with energy companies, building oil platforms, infrastructure and refining facilities around the world. I don't have to tell you how well the energy sector is doing right now, so it only make sense this company will do well, too!