- Jacobs Engineering Group Inc (NYSE:J) has been selected to provide design services for the remaining phases of the Eastern New Mexico Water Utility Authority’s (ENMWUA) rural water supply system.
- ENMWUA will provide a renewable surface water supply to 55,000 people and Cannon Air Force Base in eastern New Mexico.
- At an estimated cost of $940 million, the project comprises a raw water intake structure, three pump stations, a 28 million gallons per day water treatment plant in Curry County, and approximately 140 miles of water conveyance pipelines.
- The project will incorporate digital tools, including Jacobs’ Replica Digital Twin, to connect different elements of the water supply system via a data hub at the treatment plant.
- Price Action: J shares are trading lower by 0.47% at $131.22 on the last check Tuesday.
HC Wainwright & Co. Reiterates Buy on Pulmatrix, Maintains $10 Price Target
HC Wainwright & Co. analyst Andrew Fein reiterates Pulmatrix (NASDAQ:PULM) with a Buy and maintains $10 price target.