Jacobs Engineering Moving to Dallas

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Jacobs Engineering Group Inc. is preparing to move its headquarters from Pasadena to Dallas, according to an agenda posted online Saturday by the Texas city’s economic development committee.

The design and engineering firm is set to receive a $277,500 grant from the city of Dallas that would “encourage the relocation of the company headquarters and stimulate business development activity in Dallas,” pending authorization from the committee, according to an agenda item listed for June 22.

A Jacobs spokeswoman confirmed that the company is planning a move.

“Jacobs confirms it is considering plans to move a portion of its corporate functions from its Pasadena location to Dallas later this year, pending a successful real estate process and final approvals for state and local economic development investments,” wrote Mendi Head, a spokeswoman for Jacobs, in an email.

She declined to disclose further details other than to say the company’s Pasadena office “will continue to employ staff and remain in operation.”

Jacobs already has 300 employees working in the downtown Dallas Harwood Center, where it recently signed a 10-year lease, according to the Dallas Business Journal.

The nearly 70-year-old firm has a market capitalization of $6.3 billion. It employs 60,000 people in 230 offices worldwide and provides a broad range of technical, professional, and construction services. The firm generated $12 billion in revenue last year.

Should Jacobs complete its move, it would follow in the footsteps of several large local companies leaving the state for Texas. Among them are Toyota Motor Corp.’s North American division and coffee-maker Farmer Bros.

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