EMCOR Group, Inc. Subsidiary Awarded Contract For Installation Of Electrical Systems At Moorpark College In California
NORWALK, CONNECTICUT, August 25, 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 Dynalectric Los Angeles subsidiary has received a contract for the installation of new and existing high voltage electrical systems at Moorpark College in Moorpark, California.
Dynalectric Los Angeles will be responsible for the replacement of high voltage electrical equipment in both new and existing campus buildings. The scope of work involves removing existing distribution switchgear and transformers and replacing them with new higher efficiency units. Moorpark College operates on a continuous school year, therefore, all campus facilities must remain in operation during the replacement process; accordingly, Dynalectric will install and oversee a series of temporary electrical generator systems, which will be established and removed as necessary during the replacement process.
"We are delighted to have been chosen to work on this important project for Moorpark College," said Chris Pesavento, President and CEO of Dynalectric Los Angeles. "We take great pride in our reputation as a leader in the higher education sector, and we will continue to maintain that excellent reputation, meeting the exacting needs and demanding specifications of Moorpark College."
About EMCOR Group, Inc.
A Fortune 500 company with estimated 2009 revenues of $5.5 - $5.7 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 27,000 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 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 2008 Form 10-K, its Form 10-Q for the second quarter ended June 30, 2009, 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.
Vice President, Marketing & Communications
Linden Alschuler & Kaplan, Inc.
Media: Suzanne Dawson/Cecile Fradkin