Jacobs Secures Role In Final Design Phase Of Critical Water Supply Project

Jacobs Engineering Group Inc (NYSE:J) has been selected to provide design services for the remaining phases of the Eastern New…
  • 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.
Total
0
Shares
Related Posts
Read More

What’s Going On With EV-Maker Canoo’s Stock?

Benchmark analyst Michael Legg initiated coverage on Canoo with a Buy rating and a price target of $5 Wednesday. Legg highlighted the company's pipeline which features $750 million in contracted orders with clients including Walmart Inc., the United States Postal Service and the U.S. military. The analyst said that the market appears to have "lost sight of the magnitude of the opportunity" in Canoo.

GOEV