DALLAS, Sept. 29, 2020 /PRNewswire/ -- Jacobs (NYSE:J) was selected by Metra to provide engineering and design services for the Rock Island Connection (P2), as part of the Chicago Region Environmental and Transportation Efficiency (CREATE) Program's 75th Street Corridor Improvement Project (75th St. CIP). Combined for logistic and environmental reasons, the 75th St. CIP is the CREATE Program's largest project and addresses Chicago's top congestion point.
When constructed as part of the 75th St. CIP, P2, a double-track flyover structure will help provide faster and more reliable service on the Metra SouthWest Service line, which frequently experiences freight interference, by routing this line to join the Metra Rock Island line on its own track. The SouthWest Service line Metra trains can then access LaSalle Street Station, allowing for additional passenger rail capacity at Union Station.
"What's important about this project is the opportunity to collaborate with nine Disadvantaged Business Enterprise (DBE) firms to make a positive impact in the 75th St. Corridor community," said Jacobs People & Places Solutions Executive Vice President Ken Gilmartin. "Seven of the nine firms are based in Chicago, and together, we can create an extraordinary vision to revitalize the area – including infrastructure enhancements, aesthetics and landscape architecture in the impacted construction space, as well as critical, local workforce development opportunities."
"The team that Jacobs has assembled to complete the design work represents an exciting opportunity to involve a number of local DBE's in this important project," said Metra CEO/Executive Director Jim Derwinski. "We hope these firms will leverage their experience working on the 75th St. CIP to secure future contracts and grow their capabilities."
At Jacobs, we're challenging today to reinvent tomorrow by solving the world's most critical problems for thriving cities, resilient environments, mission-critical outcomes, operational advancement, scientific discovery and cutting-edge manufacturing, turning abstract ideas into realities that transform the world for good. With $13 billion in revenue and a talent force of more than 55,000, Jacobs provides a full spectrum of professional services including consulting, technical, scientific and project delivery for the government and private sector. Visit jacobs.com and connect with Jacobs on Facebook, Instagram, LinkedIn and Twitter.
Certain statements contained in this press release constitute forward-looking statements as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are intended to be covered by the safe harbor provided by the same. 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, including, but not limited to, the impact of the COVID-19 pandemic and the related reaction of governments on global and regional market conditions and the company's business. For a description of some additional factors that may occur that could cause actual results to differ from our forward-looking statements, see our Annual Report on Form 10-K for the year ended September 27, 2019, and in particular the discussions contained under Item 1 - Business; Item 1A - Risk Factors; Item 3 - Legal Proceedings; and Item 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations, and our Quarterly Report on Form 10-Q for the quarter ended June 26, 2020, and in particular the discussions contained under Part I, Item 2 - Management's Discussion and Analysis of Financial Condition and Results of Operations; Part II, Item 1 - Legal Proceedings; and Part II, Item 1A - Risk Factors, as well as the company's other filings with the Securities and Exchange Commission. The company is not under any duty to update any of the forward-looking statements after the date of this press release to conform to actual results, except as required by applicable law.
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