Jacobs Engineering Group’s intended purchase of CH2M, announced on Aug. 2, has apparently cost the latter its $57-million construction-management contract for the Massachusetts Bay Transportation Authority’s Green Line extension.
New Jersey Transit is moving forward to implement the nation’s first microgrid tailored specifically to support public rail-infrastructure operations in case of a commercial power-grid disruption.
Jacobs Engineering Inc., now Dallas-based, reported earnings and revenue for its full year and fourth quarter, both ended Sept. 30; executives are optimistic that a company restructuring into four business lines and cost cutting will improve the bottom line next year.