EMCOR Group, Inc. Promotes R. Kevin Matz To Executive Vice President

 

NORWALK, CONNECTICUT, January 9, 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 globally, has announced the promotion of R. Kevin Matz to Executive Vice President, Shared Services.

 

Previously Senior Vice President, Shared Services, Mr. Matz oversees the departments responsible for the provision of centralized professional services to EMCOR’s 76 subsidiaries and more than 170 offices:  Marketing & Communications, Human Resources, Information Technology, Risk Management, Safety & Quality, and Investor Relations, together with Corporate Administration.   He also plays a major role in corporate strategic development and execution, including his leadership of the EMCOR management team that recently closed the $455 million acquisition of Ohmstede Ltd., a leading service provider to the refining and petrochemical industries.

 

“This is a well-deserved promotion for Kevin, reflecting his role as a builder of EMCOR – the world’s largest specialty contractor and facilities services provider”, said Frank T. MacInnis, Chairman and CEO of EMCOR.  “Kevin’s strategic vision and practical understanding of our operations and our markets have made him an instrumental member of EMCOR’s senior management team; he plays an important role in our continued growth.  I offer Kevin my heartfelt congratulations and thanks.” 

 

Mr. Matz was also previously Vice President and Treasurer of EMCOR. Prior to his employment with EMCOR, he was Treasurer of Sprague Technologies, Inc., an international manufacturer of electrical components and semi-conductors. He has a graduate degree from Pennsylvania State University and holds a bachelor’s degree from Drew University.

 

EMCOR Group, Inc. is a Fortune 500® worldwide leader in mechanical and electrical construction services, energy infrastructure and facilities services. 

 

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 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.

 

CONTACT:      
Mava Heffler

Vice President, Marketing & Communications

203-849-7814

 

FD Investors: Eric Boyriven – 212-850-5600

Linden Alschuler & Kaplan, Inc.

Media: Josh Epstein  – 212-575-4545