Jacobs Donates $50,000 to Canadian Red Cross
OREANDA-NEWS. Jacobs Engineering Group Inc. (NYSE:JEC) announced today it donated $50,000 to the Canadian Red Cross Alberta Fires Appeal in response to the devastating fires surrounding Fort McMurray, Alberta, Canada.
According to the Red Cross, the donations received will be used to provide relief for those affected in the form of emergency food, clothing, shelter, personal services and other necessities that assist with recovery and resiliency.
“Jacobs has been a proud member of the Fort McMurray community for decades. We know the impact this will have on our industry, but more importantly, the people who drive the industry,” said President, Industrial and Field Services Robert Pragada. “Our thoughts go out to our colleagues and all those affected by the devastating Alberta wildfires.”
At the time of the initial evacuation, which began two weeks ago, the company employed 400 individuals who called Fort McMurray home. With an office in Fort McMurray and presence at four industrial sites, at peak intervals Jacobs employs nearly 2,000 people in the region.
According to recent news reports, more than 90,000 people have been affected and the fire is still growing beyond 423,000 hectares. Relief efforts in the region are ongoing as the fight to contain the fire continues.
Jacobs is one of the world's largest and most diverse providers of technical, professional and construction services.
Statements made in this release that are not based on historical fact are forward-looking statements. We base these forward-looking statements on management’s current estimates and expectations as well as currently available competitive, financial and economic data. Forward-looking statements, however, are inherently uncertain. There are a variety of factors that could cause business results to differ materially from our forward-looking statements. For a description of some of the factors which may occur that could cause actual results to differ from our forward-looking statements please refer to our 2015 Form 10-K, and in particular the discussions contained under Items 1 - Business, 1A - Risk Factors, 3 - Legal Proceedings, and 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations. We do not undertake to update any forward-looking statements made herein.