NORWALK, CONNECTICUT, March 18, 2010 - 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 EMCOR Government Services (http://www.emcorgovservices.com/) unit has been awarded a facilities services (http://www.emcorgovservices.com/services/facilities.html) contract by the U.S. Bureau of Engraving and Printing for its Western Currency Facility located in Fort Worth, Texas.
EMCOR Government Services (EGS) will be responsible for supporting around the clock the underlying infrastructure at the facility, including its fire and life safety system, building automation system, central chiller plant, water treatment, UPS systems, generators and vertical transportation. EGS will also oversee several unique industrial systems, such as industrial shredders, compressed air systems, and vacuum systems.
The Western Currency Facility's printing presses account for more than half of the paper currency printed in the United States. In January 2010, the facility printed approximately $2.6 billion dollars in $1 and $20 dollar denominations.
"It's an honor to have been chosen as a result of a competitive bid process for this very unique assignment which involves so many important aspects of a facility and its critical operations, as well as adherence to rigid standards and specifications," stated Joseph Gleeson, President of EMCOR Government Services. "Whereas we always state that 'EMCOR touches millions of lives every day', having the privilege of doing such important work for the Western Currency Facility brings that phrase to life in yet a new way."
A Fortune 500 company with estimated 2009 revenues of $5.5 - $5.6 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 25,000 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.
MEDIA:
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 third quarter ended September 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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212-575-4545
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