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Stantec (STN) and Jacobs (J) Win Melbourne Water Contract

Published on · Source: finance.yahoo.com

Stantec (STN) and Jacobs (J) Win Melbourne Water Contract

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Summarized by AI from the source below

Stantec Inc. (STN) and Jacobs Solutions (J) have been selected for a five-year infrastructure planning and delivery program for Greater Western Water in Melbourne, Australia. This initiative aims to address increasing demand for water and sewer infrastructure, driven by population growth that is projected to more than double by 2050. The joint venture will provide end-to-end engineering, advisory services, and construction support for the program. The collaboration emphasizes sustainability and community benefits, including partnerships with Indigenous-owned businesses and local workforce development.

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About Jacobs Solutions Inc. (J)

Jacobs Solutions is an engineering and professional-services firm.

The Industrials sector covers manufacturers, aerospace, defense and transport companies tied to economic activity.

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