NORWALK, CONNECTICUT, June 12, 2008 - 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 Poole and Kent Company of Florida subsidiary has been awarded a $135 million contract by Miami-Dade County for the construction of a deep bed sand filter, which is part of a $628 million high-level disinfection (HLD) project currently under way at the South District Wastewater Treatment Plant.
Poole and Kent's work includes the construction of one of the largest deep bed sand filter systems in the U.S., consisting of 30 cells measuring 15.25 feet by 88 feet with six feet of sand filter media and with space for future expansion up to 48 cells. In addition the contract includes construction of two Filter System Buildings, Flocculation Tanks, Backwash Tanks and a Polymer Building. The HLD project will help to increase the treatment plant's capacity by 60 million gallons per day and is a precursor to the future reclaiming of wastewater.
"This complex and cutting-edge system is an essential component of the county's refurbishment of its South District Wastewater Treatment Plant, which is laying the groundwork for a more sustainable and efficient processing and reuse of water for one of Florida's most populous areas. We are excited to be part of this important project, which is key to conservation and reuse of our limited water resources and consequently to the vitality of the area and the well-being of its residents, including that of our own families" said Steven C. Jordan, President and Chief Executive Officer of Poole and Kent Company of Florida.
A Fortune 500 company with over $5.9 billion in annual revenues, EMCOR Group, Inc. (NYSE: EME) is a global leader in mechanical and electrical construction, energy infrastructure, and facilities services. EMCOR gives life to new structures and sustains life in existing ones by its planning, installing, operating and maintaining the sophisticated and dynamic systems that create facility environments---such as electrical, mechanical, lighting, air conditioning, heating, security and power generation systems---in virtually every sector of the economy and for a diverse range of businesses around the world. EMCOR represents a rare combination of reach with local execution, combining the strength of an industry leader with the knowledge and care of 170 locations worldwide. The 30,000 skilled employees of EMCOR have made the company, in the eyes of leading business publications, amongst America's "Most Admired" and "Best Performing." 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's 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, project 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, mix of business, and risks associated with foreign operations. Certain of the risks and factors associated with EMCOR's business are also discussed in the Company's 2007 Form 10-K, its Form 10-Q for the first quarter ended March 31, 2008, 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.
CONTACT:
Mava Heffler
Vice President, Marketing & Communications
203-849-7814
Linden Alschuler & Kaplan, Inc.
Media: Suzanne Dawson
212-575-4545
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