NORWALK, CONNECTICUT, September 1, 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 Comstock Canada subsidiary has received a contract from the City of Toronto for a de-chlorination upgrade project at the Humber Wastewater Treatment Plant, the City of Toronto's second largest wastewater treatment plant, and one of the largest such plants in Canada.
Comstock Canada will serve as the general contractor on this project and will self-perform all of the electrical and mechanical construction. This work, as mandated by the Canadian federal government, will involve the upgrading of the plant by installing a de-chlorination process to comply with new regulations relating to the discharge of treated water into Lake Ontario. Scope of work will include modifying the existing chlorine-building workshop to house new chemical feed pumps and a chlorination/de-chlorination pilot plant simulator system.
Additional work will include installation of a new sampling pump station. Comstock will also upgrade the plant's power distribution system, lighting, and instrumentation. The applicable laws require the project be completed by April 30, 2010.
"We are very excited to be working on this project for the Humber Wastewater Treatment Plant, an essential component of the country's infrastructure for a more sustainable and efficient processing and reuse of water," said Geoff Birkbeck, CEO of Comstock. "Application of Comstock's expertise to this important project ensures that the very best resources have been brought to bear in steps toward conservation and reuse of our limited water resources and, consequently, the vitality of the area and well-being of its residents."
A Fortune 500 company with estimated 2009 revenues of $5.5 - $5.7 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 27,000 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.
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 second quarter ended June 30, 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.
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