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McCarthy-Jacobs Joint Venture to Design and Build Torrance Groundwater Desalter Expansion
Nov 18, 2024•over 1 year ago
Contract Type
partnership
Description
The McCarthy-Jacobs joint venture has been selected to design and build the Torrance Groundwater Desalter Expansion under the Water Replenishment District (WRD) of Southern California's Brackish Groundwater Reclamation Program. The project aims to create a more resilient local drinking water supply for over 88,000 residents, eliminating the need for imported water.
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Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months