EMCOR Group, Inc. Subsidiary Awarded Contract For Installation Of Electrical Systems At The Veterans Health Administration
NORWALK, CONNECTICUT, July 19, 2009 - EMCOR Group, Inc. (NYSE: EME), a Fortune 500® leader in mechanical and electrical construction, energy infrastructure and facilities services for a diverse range of businesses, announced that its Dynalectric San Diego subsidiary has received a contract for the installation of electrical systems as part of the construction of a new medical outpatient clinic for the Veterans Health Administration in Oceanside, California.
Dynalectric San Diego will be responsible for the installation of all electrical systems required for the new two story, 80,000 square foot clinic building. Scope of work includes lighting, power, and back up generator and power for a server/IT room. Dynalectric will also install the low voltage systems, which include, teledata, cable, CCTV, intrusion detection, nurse call, card access, motion detection, and panic duress systems. Dynalectric will utilize BIM (Building Information Modeling) in order to facilitate project coordination.
"We look forward to working on the construction of this highly technical facility; this is a very important project for the Veterans Health Administration," said Philip Petersen, President and CEO of Dynalectric San Diego. "Over a 35 year period Dynalectric San Diego has built a strong reputation of service to this community, so we're pleased to be entrusted with providing the electrical support for this important project that will affect the lives of so many veterans for so many years."
About EMCOR Group, Inc.
A Fortune 500 company with estimated 2009 base revenues of $6.0 - $6.3 billion, EMCOR Group, Inc. (NYSE: EME) is a global leader in mechanical and electrical construction, energy infrastructure, and facilities services. A leading provider of critical infrastructure systems, EMCOR gives life to new structures and sustains life in existing ones by its planning, installing, operating, maintaining, and protecting the sophisticated and dynamic systems that create facility environments---such as electrical, mechanical, lighting, air conditioning, heating, security, fire protection, and power generation systems---in virtually every sector of the economy and for a diverse range of businesses, organizations and government. EMCOR represents a rare combination of broad reach with local execution, combining the strength of an industry leader with the knowledge and care of 170 locations. The 28,000 skilled employees of EMCOR have made the company, in the eyes of leading business publications, amongst the "World's Most Admired" and "Best Managed". EMCOR's diversity---in terms of the services it provides, the industries it serves and the geography it spans---has enabled it to create a stable platform for sustained results. The Company's strong financial position has enabled it to attract and retain among the best local and regional talent, to undertake and complete the most ambitious projects, and to redefine and shape the future of the construction and facilities services industry. Additional information on EMCOR can be found at www.EMCORGroup.com.
This release may contain certain forward-looking statements within the meaning of the Private Securities Reform Act of 1995. Any such comments are based upon information available to EMCOR management and its perception thereof, as of this date, and EMCOR assumes no obligation to update any such forward-looking statements. These forward-looking statements may include statements regarding market opportunities, market share growth, gross profit, backlog mix, projects with varying profit margins, and selling, general and administrative expenses. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Accordingly these statements are no guarantee of future performance. Such risk and uncertainties include, but are not limited to, adverse effects of general economic conditions, changes in the political environment, changes in the specific markets for EMCOR's services, adverse business conditions, availability of adequate levels of surety bonding, increased competition, unfavorable labor productivity and mix of business. Certain of the risks and factors associated with EMCOR's business are also discussed in the Company's 2008 Form 10-K, its Form 10-Q for the first quarter ended March 31, 2009, and in other reports filed from time to time with the Securities and Exchange Commission. All these risks and factors should be taken into account in evaluating any forward-looking statements.
FOR: EMCOR GROUP, INC.
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Media: Suzanne Dawson/Cecile Fradkin