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Carter & Burgess Acquired by Jacobs Engineering
December 14, 2007
Pasadena, Calif.-based Jacobs Engineering Group Inc. acquired Fort Worth, Texas-based Carter & Burgess, a 3,200-person professional services firm. Terms of the deal were not disclosed. Founded in 1939, Carter & Burgess is a nationally recognized architecture, engineering, design and planning firm serving public and private clients in the fields of transportation, water infrastructure programs, building programs, land development and planning. "This combination enables both firms to address the challenges and emerging trends faced in our industry, which include addressing the aging infrastructure in America and access to talent, to respond to the ever increasing demands in our marketplace," said Ben Watts, president and CEO of Carter & Burgess. "It also allows Carter & Burgess to leverage our capabilities in the market and compete for some of the largest projects in the world." Jacobs, which has more than 49,000 employees and revenues exceeding $8 billion, provides technical, professional and construction services globally.
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DDI visited the new JCPenney department store at Manhattan Mall in New York and spoke with store manager Joe Cardamone.Click here for a video of that conversation paired with a walk-through tour of the new store. For more on the JCPenney store, look out for DDI's November/December issue mailing out at the end of November.
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