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EMCOR Group, Inc. Subsidiary Awarded A Contract For Hurricane Sandy Damage Repair To Statue Of Liberty National Monument And Ellis Island

Stocks in this article: EME

EMCOR Group, Inc. (NYSE:EME), a Fortune 500® leader in mechanical and electrical construction, industrial and energy infrastructure, and building services for a diverse range of businesses announced that its subsidiary, F&G Mechanical Corp., has been awarded a contract to repair damage to the Statue of Liberty National Monument and Ellis Island, New York, NY caused by Hurricane Sandy in October, 2012.

F&G Mechanical will be responsible for repairing multiple buildings at Ellis Island that were damaged by Hurricane Sandy. Scope of work includes removal and installation of centrifugal chillers and boilers, removal and installation of piping, removal and installation of air handling units and chilled water and steam piping, removal and installation of HVAC units, removal and installation of 30,000+ square feet of ductwork, and refurbishment of damaged sections of the fuel oil system.

“F&G Mechanical is honored to have been chosen to work on these structures that represent the very essence of America,” stated Sal Fichera, President, F&G Mechanical. "We have a history of managing complex and large scale projects, performing with unparalleled excellence and exceeding client expectations, which is our standard and the hallmark of our team and company.”

About EMCOR Group, Inc.

A Fortune 500 company with estimated 2014 revenues of ~$6.8B, EMCOR Group, Inc. (NYSE:EME) is a leader in mechanical and electrical construction, industrial and energy infrastructure, and building services. A 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 28,000+ 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 2013 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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