Jacobs Engineering Group Inc. (NYSE:JEC) announced today it has moved its headquarters from Pasadena, California to Dallas, expanding its current footprint in downtown Dallas’ Harwood Center. Pasadena served as Jacobs’ headquarters since it was founded by Dr. Joseph J. Jacobs in 1947.
The headquarters relocation will bring more than 100 new jobs and $4 million in capital investment to the state, according to a news release from Gov. Greg Abbott’s office. A Texas Enterprise Fund (TEF) grant of $1.3 million has been extended to Jacobs Engineering Group.
Jacobs is a Fortune 500 company that provides maintenance, fabrication, construction and maintenance management technology to primary process industries. Jacobs has a Fort Worth office located at 777 Main St. Jacobs purchased Fort Worth engineering firm Carter and Burgess in 2007.
“Texas is already home to more than 50 Fortune 500 companies, and I am proud to announce today it will be home to one more,” said Governor Abbott. “Because of our robust economic environment, more businesses are choosing to call Texas home. I would like to welcome Jacobs Engineering Group as the latest business to relocate its headquarters from California to the Lone Star State.”
Jacobs Chairman and CEO Steve Demetriou recently moved to Dallas along with several other key executives. With the new headquarters, the company employs more than 700 people in its Dallas and Fort Worth offices.
“Jacobs had a long and successful history in Pasadena and will continue to employ more than 1,500 people in Southern California,” said Demetriou. “Although our headquarters has relocated, we will maintain a strong workforce and office footprint across the state of California where we see ongoing expansion opportunities.
“As we continue to focus on transforming our business in terms of efficiency and high-growth in the engineering and construction industry, our new headquarters location ensures access to top talent and positions Jacobs for convenient access to our clients. In Dallas, we will also benefit from a business friendly economic and cultural environment.”
Jacobs has had a presence in Dallas since 1987. The company currently occupies nearly 100,000 square feet at the Harwood Center in downtown.
Throughout Texas, Jacobs employs nearly 4,500 employees working in the aerospace, transportation, water, aviation, buildings, defense, oil and gas and power and energy industries.
The Dallas Regional Chamber began work on the move in January of this year, according to Dale Petroskey, president and CEO of the Dallas Regional Chamber.