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At first, the sales work expanded more quickly than the consulting end of the business, and by 1954 Jacobs had added four more men to handle sales while he and Stan Krugman concentrated on design consultation.
In 1956 Jacobs Engineering landed its largest contract to date.
In 1960, Jacobs Engineering won another important contract, this time from Southwest Potash for the design and construction of a potash flotation plant.
A near disaster in 1962 illustrated the qualities that enabled Jacobs Engineering to grow from a tiny local outfit to one of international importance.
As early as 1964, Jacobs Engineering had been interested in a projected potash recovery plant to be built by Jordan on the Dead Sea.
By 1967 Jacobs Engineering had opened offices around the country, encouraging each to emulate the main office's entrepreneurial bent and willingness to take risks and assume responsibility.
Sales in 1972 reached $70 million and Jacobs Engineering began to pursue international as well as domestic contracts.
A 1987 buyout of Robert E. McKee Corporation (formerly the construction arm of Santa Fe Southern Pacific Corporation) gave the company added strength in the construction end of its business.
Not only did the company earn $6.5 million on revenues of $26.6 million in fiscal 1992, but it also held a record backlog of $1.8 billion in contracted business.
Jacobs served as chief executive of his engineering company until 1992, when he stepped down to found two venture capital firms and get more involved in charity work.
In a joint venture with industry leader Fluor, Jacobs was awarded a contract in 1993 to clean up former uranium production facilities in Fernold, Ohio.
In 1994 Jacobs bought CRS Sirrine Engineers and CRSS Constructors for $38 million.
In 1997 it boasted an almost 16 percent five-year return on capital, and it beat out its rivals in terms of sales growth: a five-year average of 12.4 percent.
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Company Name | Founded Date | Revenue | Employee Size | Job Openings |
---|---|---|---|---|
Atkins | 1938 | $2.7B | 18,300 | 54 |
General Electric | 1892 | $76.6B | 305,000 | 2,505 |
ASHRAE | 1894 | $18.0M | 150 | 1 |
Clean Harbors | 1980 | $5.2B | 14,400 | 2,341 |
Fluor Corporation | 1912 | $13.7B | 53,349 | 1,201 |
Bechtel Corporation | 1898 | $17.6B | 2,100 | 823 |
Burns & McDonnell | 1898 | $3.5B | 2,000 | 1,646 |
AECOM | 1990 | $14.4B | 51,000 | 3,055 |
Kiewit | 1884 | $10.3B | 28,000 | 2,393 |
Black & Veatch | 1915 | $3.2B | 10,400 | 4,786 |
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Jacobs Engineering Group may also be known as or be related to Jacobs Engineering Group Inc, Jacobs Engineering Group Inc., Jacobs Engineering Group and Jacobs Engineering Group, Inc.