Press Release
EMCOR Group, Inc. Subsidiary Awarded Contract For Installation Of Electrical Systems At The Oregon State Hospital Facility
NORWALK, CONNECTICUT, January 12, 2010 - 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 Oregon subsidiary has been awarded several contracts for the installation of various electrical systems at the Oregon State Hospital facility, the primary state-run psychiatric hospital facility, located in Salem, Oregon.
Dynalectric Oregon will be the primary electrical contractor involved in renovating the Hospital facility. Dynalectric will be responsible for performing much of the site underground infrastructure ductwork (medium voltage/data/security/site lighting) and under slab work on all buildings comprising the Hospital facility. In addition to installing the entire voice/data systems for the renovation project, as part of the project Dynalectric Oregon will perform the electrical work on the Kirkbride building remodel which, when complete, will serve as the new Administration Building and a museum. The renovation project will involve several buildings and facilities: Kirkbride Building, a new central kitchen, a renovated historical building, new wings to house and manage the growing patient population, and a new central utility plant. Dynalectric will also install the tele-data systems, including air-blown fiber optics, in all administration and patient areas.
"It's quite an honor working on this project for the Oregon State Hospital facility, which was listed in the National Register of Historic Places in the United States and the site of the filming of the Academy Award-winning film One Flew Over the Cuckoo's Nest," said Randy Wagner, President and CEO of Dynalectric Oregon. "For over 75 years Dynalectric Oregon has developed a strong reputation of service to the community, so we're pleased to be entrusted with providing the electrical systems for this important project.
About EMCOR Group, Inc.
A Fortune 500 company with estimated 2009 revenues of $5.5 - $5.6 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 26,000 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 third quarter ended September 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.
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FOR: EMCOR GROUP, INC.
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