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EMCOR Group, Inc. Subsidiary Completes Mechanical Services Project For Yale School Of Medicine
NORWALK, CONNECTICUT, March 19, 2008 - 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 globally, announced that its Tucker Mechanical subsidiary has completed an extensive mechanical services project for the Yale School of Medicine's Amistad Street building in New Haven, Connecticut. The project was the fit-out of a building formerly designed as an office building. It now accommodates three programs for the university focusing on translational research linking studies to potential cures.
Tucker Mechanical provided all HVAC and plumbing for the 70,000 square-foot building, which was designed for LEED certification, renovated for use as a research laboratory, and consists of five floors and a mechanical penthouse. The project involved the base building HVAC and plumbing systems, as well as all required mechanical systems for this state-of-the-art lab. The project included a reverse osmosis system, processed water, lab gases, natural gas, steam and condensate, chilled and heated water, sanitary waste and vent, steam hot water heaters, refrigerant piping, vacuum and sewage ejector pump packages, changeover/bypass variable air system, fan coil, cabinet and unit heater, power ventilators, reheat coils, radiant panels, and lab fixtures.
"High-tech and sustainable laboratory facilities are essential to the 21st century higher education model. We are very happy to have worked with one of the nation's most respected institutions on this important and exciting project that has the potential to so positively and meaningfully impact the lives of so many people in the future," said Robert Turner, President and CEO of Tucker Mechanical.
About EMCOR Group, Inc.
A Fortune 500 company with over $5.9 billion in annual revenues, EMCOR Group, Inc. (NYSE: EME) is a global leader in mechanical and electrical construction, energy infrastructure, and facilities services. EMCOR gives life to new structures and sustains life in existing ones by its planning, installing, operating and maintaining the sophisticated and dynamic systems that create facility environments---such as electrical, mechanical, lighting, air conditioning, heating, security and power generation systems---in virtually every sector of the economy and for a diverse range of businesses around the world. EMCOR represents a rare combination of global reach with local execution, combining the strength of an industry leader with the knowledge and care of 170 locations worldwide. The 29,000 skilled employees of EMCOR have made the company, in the eyes of leading business publications, amongst America's "Most Admired" and "Best Performing." 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 2007 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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