Sverdrup Enters Into Operations Support Agreement with Delphi
10 March 2000
Jacobs Subsidiary Sverdrup Technology Enters Into Operations Support Agreement with Delphi Harrison Thermal SystemsTULLAHOMA, Tenn., March 9 Jacobs Engineering Group Inc. announced that its subsidiary Sverdrup Technology, Inc. has entered into a preliminary agreement to provide operations support at several of Delphi Harrison Thermal Systems' facilities in North America. The effort will involve test operations of climatic wind tunnels and component test laboratories at Delphi Harrison's Western New York facilities and a technical center in Juarez, Mexico. At these facilities, Sverdrup will employ a combined workforce consisting of more than 200 personnel. "Delphi is the world's largest supplier of automotive components, and these test facilities are critical to the development of their products," says Gary Walker, vice president of Sverdrup Technology. "As a relationship-based company, Sverdrup is excited to have this opportunity to further develop our partnership with Delphi and support them in enhancing operations at their facilities." Sverdrup's Automotive Operations Segment, headquartered in Novi, Michigan, will be responsible for managing this effort. The Automotive Operations Segment is a division of Sverdrup's design/build/operate organization, the Technology Group. In addition to Delphi, the Automotive Operations Segment supports other automotive clients such as Ford Motor Company, which recently awarded Sverdrup asset management responsibility for various test assets at the Dearborn Proving Ground (DPG) in Dearborn, Michigan. Joel Beckmann has been appointed Operations Manager for the new Delphi operation. Beckmann previously served as Senior Engineering Specialist in the Technology Group, with responsibility for developing new business opportunities in automotive testing, operations, and metrology. He brings to Delphi more than 25 years of experience in laboratory operations. Sverdrup Technology, Inc., is an advanced technology engineering firm headquartered in Tullahoma, Tennessee. The Technology Group is the test facility design/build/operate organization of Sverdrup Technology, with locations in Southeast Michigan, Tennessee, and Virginia. For nearly 30 years, Sverdrup has supported automotive manufacturers and suppliers in the design, construction, and operation of advanced test facilities. Visit http://www.sverdrup.com/testfacilities for a comprehensive overview of Sverdrup's diverse technical capabilities and project experience. Jacobs Engineering Group Inc. is one of the world's largest providers of professional technical services. A $3 billion company, they offer full- spectrum support to industrial, commercial, and government clients in diverse markets. Services include scientific and specialty consulting as well as all aspects of project execution and operations & maintenance. Any statements made in this release that are not based on historical fact are forward-looking statements. Any forward-looking statements made in this release represent management's best judgement as to what may occur in the future. However, Jacobs' actual outcome and results are not guaranteed and are subject to certain risks, uncertainties and assumptions ("Future Factors"), and may differ materially from what is expressed. For a description of Future Factors that could cause actual results to differ materially from such forward-looking statements, see the discussion under the section "Forward-Looking Statements and Other Safe Harbor Applications" included in Management's Discussion and Analysis filed as part of Exhibit 13 to the Company's 1998 Annual Report on Form 10-K.