NORWALK, CONNECTICUT, May 26, 2009 - 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 Gibson Electric & Technology Solutions subsidiary has received a contract for the installation of electrical systems as part of the construction of a new Science and Research Center at Wheaton College in Wheaton, Illinois.
Gibson will be responsible for the installation of all electrical systems required for the new four-story, 128,000 square foot Science and Research Center at Wheaton College. This facility will contain interactive exhibits in natural history and geology, a Nuclear Magnetic Resonance Lab, and seven other teaching labs. The design will result in a challenging electrical installation that will follow the zoning of each lab---a challenge that Gibson will meet by utilizing Building Information Modeling (BIM; a collaborative productivity tool that can get buildings built more efficiently) for coordination and planning with the other contractors involved in the project. Electrical service for the new Science and Research Center will be fed from existing facilities in connection with which Gibson will replace aged, medium voltage transformers and switches with new, state-of-the-art equipment.
There are a number of environmental benefits relating to the new facility, including energy recovery systems and a vegetated roof planned in the future. Additionally, the lighting control system has been specifically designed to curb energy consumption by using multifunction sensors and several energy efficient fixtures. The building is scheduled to open August of 2010, in time for Wheaton's Fall Semester.
"It's exciting to be a part of this sophisticated and progressive project," said Dan Fitzgibbons, President and CEO of Gibson. "The new facility at Wheaton College will long be helping to build the minds and skills of our young people---our future; and it's gratifying to be helping to build this important new cornerstone of our community."
About EMCOR Group, Inc.
A Fortune 500 company with estimated 2009 base revenues of $6.0 - $6.3 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 28,000 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. 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 2008 Form 10-K 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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