Jacobs Buys Texas Firm

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Jacobs Engineering Group Inc. said Friday that it has agreed to buy Fort Worth-based Carter & Burgess. Terms of the deal were not disclosed.


The move will add 3,200 consultants to the Pasadena-based engineering company and also expands the company’s presence in the “fast-growing” Southwestern region, Jacobs said in a statement.


The addition will also add services such as land development, distribution and warehousing.


This is the second acquisition by Jacobs this year: The company bought Morristown, N.J.-based engineering consulting firm Edwards & Kelcey in March for an undisclosed sum.


Shares in Jacobs dropped 50 cents Friday to $83.93 in afternoon trading on the New York Stock Exchange.

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