NORWALK, CONNECTICUT, January 17, 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, announced a number of recently awarded industrial and manufacturing related contracts from across the country.
"As the global economy continues to shorten manufacturing and production cycles, U.S. industrial and manufacturing companies need to operate efficiently and without interruption to maintain their competitive edge," said Frank T. MacInnis, Chairman and CEO of EMCOR Group. "Rigid standards and demanding performance are the hallmarks of U.S. industrial and manufacturing companies, and EMCOR has the service, maintenance and construction resources to ensure that their facilities operate efficiently."
EMCOR's recent industrial and manufacturing project awards include:
Chevron (Richmond, CA) - Contra Costa Electric, an EMCOR subsidiary, is responsible for the installation of new 12kv feeders, transformers, and PCC's to re-power all existing loads in the ISOMAX area of Chevron's Richmond Refinery.
Trumpf Laser Facility (Farmington, CT) - Tucker Mechanical, an EMCOR subsidiary, will furnish and install a new HVAC system including chillers, cooling towers, boilers, and rooftop units. Tucker will also furnish and install a new plumbing system including drains, pumps, and fixtures in the facility. Tucker is leading the coordination process for the various trades involved in the construction of the facility, utilizing 3D modeling to integrate all of the building systems. A Tucker sister company, New England Mechanical, is furnishing the sheet metal scope of work with Tucker.
Zentis Plant Renovation (Plymouth, IN) - Shambaugh & Son, an EMCOR subsidiary, was responsible for the complete design-build renovation of Zentis Food Solutions' first North American food processing plant, a facility responsible for the production of a new, specialized fruit for yogurt. Shambaugh & Son self-performed the mechanical, electrical, ammonia refrigeration, fire protection, controls and information technology system, and 3-D modeling that integrated Zentis's process equipment with Shambaugh & Son's designed and installed platforms and prefabricated utilities.
Calgren Renewable Fuels Ethanol Plant (Pixley, CA) - Contra Costa Electric, an EMCOR subsidiary, is responsible for the installation at this plant of the medium voltage distribution (duct-bank and cable), fire alarm system, heat-tracing system, as well as the lighting protection system. Also, Contra Costa is wiring, and installing the following in order to make complete and functional systems: transformers, motor control centers, switch-gears, cable tray, power conduit and wiring, fiber optic conduit and wiring, lighting conduit and fixtures, automation system, instrumentation system devices and wiring, and air supply piping. Upon completion the Pixley Ethanol Plant will produce 52.5 Million Gallons of Ethanol per year, processing 50,000 bushels of corn daily. The Pixley Ethanol Plant will be a zero discharge plant, with the only by-product being cattle feed.
Imperial Valley Resource Recovery Company LLC (Imperial, CA) - Dynalectric San Diego, an EMCOR subsidiary, is responsible for the refurbishment of a fire-damaged solid fuel power generation facility. The scope of work includes designing a new DCS system; testing the existing undamaged cabling with the instruments; furnishing and installing new 5kv, 13.8kv, and MCC gear packages; pulling new medium voltage cabling from the transformer yard to the electrical room; building a new operator's control console in the control room; commissioning the plant; and producing all design documents included in the DCS system.
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.
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.
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