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BUSINESS NEWS JACOBS SECURES HIGHWAYS ENGLAND’S OXFORD TO CAMBRIDGE EXPRESSWAY PROJECT Jacobs Engineering Group Inc. has been awarded a contract by Highways England to develop possible solutions for the Oxford to Cambridge Expressway project, focusing on development of the corridor between the M1 and M40 motorways. The expressway – approximately 93 miles – aims to improve connectivity across England’s economic heartland. It will also help unlock strategic growth sites between the university cities of Oxford and Cambridge together with Milton Keynes’ high-tech businesses and computer sciences. Over a two-year term, Jacobs and its supply chain partners will identify corridor and route options. The project scope also includes engineering assessment, stakeholder management, and project management to progress the project through options development. “This is undoubtedly a critical transport link in the national infrastructure to support the continued economic development of one of the most significant growth corridors in the U.K.,” said Jacobs Buildings and Infrastructure Senior Vice President Bob Duff. “Having worked closely with Highways England on the first section of the proposed expressway program, we look forward to integrating this experience with our proven transportation capabilities to deliver practical, strategic solutions.” Highways England is the government organization charged with operating England’s motorways and major A roads. This includes modernizing and maintaining the highways – a network of around 4,300 miles. Jacobs delivers major transportation projects around the world, including projects in the

MORI BUILDING LAUNCHES CONSTRUCTION OF OFFICE TOWER IN CENTRAL JAKARTA Mori Building, a leading urban developer, announced that it has begun constructing a 59-floor premium-grade office tower in the Sudirman area of Jakarta, Indonesia. The Jakarta Office Tower Project, Mori Building’s first undertaking in Southeast Asia, will open in 2021. The Jakarta Office Tower is ideally located in the center of the Golden Triangle, next to Semanggi Intersection and the New Semanggi Flyover on Sudirman Street, the main thoroughfare in the city’s central business district. The tower will be approximately 266 meters and offer some 190,000 square meters of high-quality offices, restaurants and cafes, and parking space with robust security. The project is expected to obtain a BCA Green Mark Platinum Award, one of the highest ratings for environmental impact and performance. Construction is being carried out jointly by Shimizu Corporation, Japan’s leading contractor, and Bangun Cipta Kontraktor, a locally based construction firm. The tower design was created by Kohn Pedersen Fox Associates , the noted New York-based architectural firm that also designed Mori Building’s Roppongi Hills Mori Tower and Shanghai World Financial Center. Going forward, Mori Building aims to leverage its extensive urban-development expertise, cultivated through diverse projects in Tokyo and Shanghai, to contribute to the advancement of Jakarta. Mori Building established its Singapore office in May 2016 as an international base for market research and business development focused on urban centers in the fast-growing Southeast Asian region.

U.K. such as Highways England’s Regional Investment Programme and Smart Motorways Programme. Jacobs’ highway and traffic experts are supporting clients with a range of capabilities from transport planning and modeling, intelligent mobility, connected vehicle and environmental solutions to full project life cycle road infrastructure management. FLUOR AWARDED CONTRACT FOR PETRONAS ISONONANOL CHEMICAL PLANT IN MALAYSIA Fluor Corporation announced that it was awarded an engineering, procurement, and construction management contract by PETRONAS Refinery and Petrochemical Corporation Sdn. Bhd. for an isononanol plant located in Pengerang, Johor, Malaysia. Fluor will book the undisclosed contract value in the third quarter of 2017. “This award is a testament to the strong partnership we have with PETRONAS,” said Ken Choudhary, president of Fluor’s energy and chemicals business for the Asia-Pacific region. “We will use our experience and best practices gained from completing other isononanol facilities on time and on budget to deliver this project with excellence.” The project is part of PETRONAS’s Refinery and Petrochemical Integrated Development project and the mammoth $27 billion Pengerang Integrated Complex development. Fluor, in a consortium with Technip, is serving as the program management consultant for the RAPID project, as well as the EPCM contractor for the utilities, interconnecting, and offsites scope. The facility will produce 250,000 tons per year of isononanol, which is a key chemical building block in plasticizers used in the automotive and building industries. Facility start-up is expected in 2019.

TZL: What’s your prediction for 2017 and for the next five years? RS: I think 2017 looks great. We’re on track to hit our goals and probably will surpass them in many areas. I’m fairly optimistic about the next few years but it’s hard to predict what’s to come. Five years is a long time in this business; things can change quickly considering our current political climate. “We’re on track to hit our goals and probably will surpass them in many areas. I’m fairly optimistic about the next few years but it’s hard to predict what’s to come. Five years is a long time in this business; things can change quickly considering our current political climate.”

CONFERENCE CALL, from page 7

business and we’re always marketing for new clients. We’re satisfied with our investment in this area. TZL: If there was one program, course, or degree pro- gram that you could take or recommend before becoming a principal or owner, what would it be? RS: No one course, program, or degree will make a per- son successful in business. There is something to be said for gaining experience and being willing to listen and learn from the beginning of one’s career until one retires. TZL: What’s the greatest challenge presented by growth? RS: Making sure the company does not lose sight of its val- ues while pursuing higher revenues and profits. (In the past 19 years, Mead & Hunt has grown from two to 30-plus offic- es and the number of employees has tripled. The company’s billings also increased from $10 million to about $80 mil- lion in the same time period.)

THE ZWEIG LETTER October 16, 2017, ISSUE 1220

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