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EMCOR Group, Inc. Awarded Three-Year Contract Extension for Facility Operations and Maintenance Support from NASA Jet Propulsion Laboratory

Dépèche transmise le 25 mars 2011 par Business Wire

EMCOR Group, Inc. Awarded Three-Year Contract Extension for Facility Operations and Maintenance Support from NASA Jet Propulsion Laboratory

NORWALK, Conn.--(BUSINESS WIRE)--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 subsidiary EMCOR Government Services, Inc. has been awarded a three-year contract extension for facility operations and maintenance support at the NASA Jet Propulsion Laboratory in Pasadena, California. EMCOR’s contract at the NASA Jet Propulsion Laboratory began in October 2008 and will now be extended through September 2014.

“We are proud of the work we have accomplished over the past three years with the NASA Jet Propulsion Laboratory, one of the most advanced and sophisticated facilities in the world, and another example of the complex and comprehensive services we are able to offer clients.”

EMCOR Government Services (EGS) will continue to perform a wide range of services at the NASA Jet Propulsion Laboratory, including maintenance support to the Space Flight Operations Facility, diagnostic services including thermography and vibration analysis, HVAC operations and maintenance, custodial services, grounds maintenance, elevator maintenance, crane maintenance, and major equipment repair. Additionally EMCOR will provide services relating to disaster response, energy and water conservation.

"It means a lot to us that the NASA Jet Propulsion Laboratory has recognized EGS with a three-year extension to our contract, which is a very exciting assignment for us,” stated Michael Shelton, President and CEO of EMCOR Government Services. “We are proud of the work we have accomplished over the past three years with the NASA Jet Propulsion Laboratory, one of the most advanced and sophisticated facilities in the world, and another example of the complex and comprehensive services we are able to offer clients.”

About EMCOR Group, Inc.

A Fortune 500 company with estimated 2011 revenues of $5.3B - $5.5B, 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 24,000+ 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 2010 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.