EMCOR UK, Inc. Completes Major Project For News International
NORWALK, CONNECTICUT, December 27, 2007 - 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 globally, announced that its UK subsidiary has completed a major project for News International near Liverpool, UK that involved the supply and installation of mechanical and electrical services for five new state-of-the-art printing presses. The value of the contract was more than $30 million.
EMCOR UK’s work on the project allows News International to use double-sided color printing on all pages, a significant milestone for the publishing company, which prints a range of local, regional, and national newspapers including the News of the World, The Sun, The Times and the Sunday Times.
The new presses are located near Liverpool and span a total of 16,500 square meters. EMCOR UK provided all mechanical and electrical services on the site, including the installation of various HVAC and water systems, high-voltage switchgear, fire detection and alarm systems, and CCTV.
“This project was the latest in a series of large-scale contracts completed by EMCOR UK in the past year,” said Anthony Whale, President and CEO of EMCOR UK. “In particular, the demands of converting the facility while maintaining the continuity of its existing eight printing presses are illustrative of the complex environments we are adept at accommodating on all of our projects.”
About EMCOR Group, Inc.
A Fortune 500 company with over $5.0 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 global reach with local execution, combining the strength of an industry leader with the knowledge and care of 170 locations worldwide. The 28,000 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 2006 Form 10-K, its Form 10-Q for the third quarter ended September 30, 2007, 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.
Mava Heffler
Vice President, Marketing &Communications
203-849-7814
Linden Alschuler & Kaplan Media:
Josh Epstein
212-575-4545
