EMCOR Group, Inc. Subsidiary Awarded Contract For Installation Of Mechanical And Plumbing Systems For Volar Army Barracks Complex
NORWALK, CONNECTICUT, January 26, 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 Central Mechanical Construction subsidiary has been awarded a contract for the renovation and restoration of mechanical and plumbing systems for the Volar Army Barracks Complex located at Ft. Riley, Kansas.
Central Mechanical will be responsible for installing the mechanical systems at the Volar Barracks Complex, comprised of 223,600 square feet and 13 buildings. The company will also be responsible for HVAC equipment renovation, complete ductwork replacement, and complete HVAC pipe replacement in the buildings.
In addition, Central Mechanical will be responsible for the plumbing for the renovation project, which will involve installation of a water distribution system, including expansion, replacement, improvements, and/or alterations, as well as fixture replacements. The project will incorporate the use of solar water heating to offset approximately 50% of domestic hot water demand and will achieve 30% energy reduction.
The project team will attempt to achieve LEED Silver certification for all 13 buildings. Seven of the Volar barracks buildings are funded through the American Recovery and Reinvestment Act of 2009 program.
"It's an honor to be able to contribute to these important Army facilities and all the men and women of our country who will be utilizing them," said John Lonker, President of Central Mechanical. "Central Mechanical brings to Volar Army Barracks Complex mechanical and plumbing best practices and extensive industry knowledge to provide high-performance facilities and long-term value, and meet the high standards synonymous with Ft. Riley."
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.