Jacobs to Provide Technical Advisory for M28 Motorway in Ireland

Rhea-AI Summary

Jacobs (NYSE:J) selected as technical advisor for the new M28 motorway project in County Cork, Ireland. The project aims to improve transport connectivity and support sustainable economic development. The motorway is scheduled to be completed by 2030.

Positive

• Jacobs selected as technical advisor for a major infrastructure project in Ireland
• Project aims to improve safety, capacity, and accessibility of the N28 National Primary Route
• Supports sustainable economic development and strategic development of the Port of Cork's facilities in Ringaskiddy
• Jacobs brings multi-disciplinary integration and delivery experience from critical transportation infrastructure projects in Ireland and globally
• The project is part of the Core Trans‐European Transport Network and is funded by Transport Infrastructure Ireland

Negative

• None.

Supports delivery of improved transport connectivity with key urban areas in County Cork

Project to aid sustainable regional and national economic development

DALLAS, Dec. 18, 2023 /PRNewswire/ -- Jacobs (NYSE:J) has been selected by Cork County Council as technical advisor for the new M28 motorway linking the N40 South Ring Road to the Port of Cork in Ringaskiddy, in County Cork, Ireland. Jacobs' scope includes consultancy services during the design, construction and closeout phases of the project.

The proposed M28 Cork to Ringaskiddy motorway project is the upgrade of approximately 7.5 miles (12 km) of the N28 National Primary Route to help improve its safety, capacity and accessibility. Forming part of the Core Trans‐European Transport Network, the Transport Infrastructure Ireland-funded scheme will enable the strategic development of the Port of Cork's facilities in Ringaskiddy, while also supporting the economic development of the area locally, regionally and nationally. The motorway is scheduled to be completed by 2030.

"Jacobs brings multi-disciplinary integration and delivery experience from a wide range of critical transportation infrastructure projects in Ireland and globally to support this project," said Jacobs Senior Vice President Kate Kenny. "We're focused on helping Cork County Council deliver an improved, user-centric, sustainable road network that connects communities more effectively, and drives important social and economic benefits in the region."

Cork County Council Chief Executive Valerie O'Sullivan added: "This development forms part of the government's Project Ireland 2040 and will bring both safety and economic benefits. The scheme includes a number of active travel measures with an interface with the Lee to Sea greenway, together with an extension to the existing Ballybrack Valley Pedestrian and Cycle Scheme in Douglas."

Jacobs has more than 1,200 employees in Ireland serving clients in sectors – most notably Advanced Manufacturing, Infrastructure, and Energy & Environment. Projects include the National Transport Authority's BusConnects Dublin program,  Irish Rail's East Coast Railway Infrastructure Protection Projects program – the largest coastal protection scheme in North-Western Europe, the WuXi Biologics Drug Substance Manufacturing Facility and Edwards Lifesciences Greenfield Manufacturing Facility. 

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 approximately $16 billion in annual revenue and a talent force of approximately 60,000, 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 X.

Image credit: Gerard McCarthy

Pictured: Back row, left to right: John Nolan (Sub Consultant Barry Transportation), Harriet Hamilton (Jacobs), Cllr. Seamus McGrath & Cllr. Ben Dalton O'Sullivan (Cork County Council), Richard Sanderson (Jacobs), Cllr. Úna McCarthy (Cork County Council), Niall Healy (Cork County Council Director of Services, Traffic & Transportation), Gary Turley (Jacobs).

Front row, left to right:  Michael Lynch (Cork County Council Divisional Manager South), Valerie O'Sullivan (Cork County Council Chief Executive), Cllr. Frank O'Flynn (Mayor of the County of Cork), Mitch Tunikowski (Jacobs), Cllr. Audrey Buckley (Cork County Council).

Certain statements contained in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that do not directly relate to any historical or current fact. When used herein, words such as "expects," "anticipates," "believes," "seeks," "estimates," "plans," "intends," "future," "will," "would," "could," "can," "may," and similar words are intended to identify 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, our plans to spin off and merge with Amentum our Critical Missions Solutions  business and a portion of our Divergent Solutions business in a proposed transaction that is intended to be tax-free to stockholders for U.S. federal income tax purposes, the timing of the award of projects and funding and potential changes to the amounts provided for under the Infrastructure Investment and Jobs Act and other legislation related to governmental spending, as well as general economic conditions, including inflation and the actions taken by monetary authorities in response to inflation, changes in interest rates and foreign currency exchange rates, changes in capital markets, the possibility of a recession or economic downturn, geopolitical events and conflicts, and the impact of any future pandemic or infectious disease outbreak, including the related reaction of governments on global and regional market conditions, among others. For a description of some additional factors that may occur that could cause actual results to differ from our forward-looking statements, see 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 in our most recently filed Annual Report on Form 10-K, 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.

For press/media inquiries:
media@jacobs.com

 

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SOURCE Jacobs

FAQ

What is the company name and ticker symbol for the technical advisor of the M28 motorway project in County Cork, Ireland?

The company selected as the technical advisor for the M28 motorway project in County Cork, Ireland is Jacobs, with the ticker symbol NYSE:J.

What is the scope of Jacobs' involvement in the M28 motorway project?

Jacobs' scope includes consultancy services during the design, construction, and closeout phases of the M28 motorway project.

What is the purpose of the M28 motorway project in County Cork, Ireland?

The purpose of the M28 motorway project is to improve the safety, capacity, and accessibility of the N28 National Primary Route and support sustainable economic development in the region.

When is the completion date for the M28 motorway project?

The M28 motorway project is scheduled to be completed by 2030.

What is the funding source for the M28 motorway project?

The M28 motorway project is funded by Transport Infrastructure Ireland.

What are some of the benefits of the M28 motorway project?

The project aims to bring both safety and economic benefits to the region, including improved transport connectivity and strategic development of the Port of Cork's facilities in Ringaskiddy.

How many employees does Jacobs have in Ireland?

Jacobs has more than 1,200 employees in Ireland serving clients in various sectors, including Advanced Manufacturing, Infrastructure, and Energy & Environment.

What are some of the notable projects that Jacobs has been involved in Ireland?

Jacobs has been involved in projects such as the National Transport Authority's BusConnects Dublin program, Irish Rail's East Coast Railway Infrastructure Protection Projects program, the WuXi Biologics Drug Substance Manufacturing Facility, and Edwards Lifesciences Greenfield Manufacturing Facility.

What is the annual revenue of Jacobs?

Jacobs has approximately $16 billion in annual revenue and a talent force of approximately 60,000.

What is the mission of Jacobs?

Jacobs aims to challenge 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.