EMCOR Group, Inc. Subsidiary Awarded Contract For Complete Installation Of Electrical Systems For Bay Area Rapid Transit At Oakland International Airport
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 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 Contra Costa Electric has been awarded a contract for all aspects of the installation of the electrical systems for two new transit stations and a new maintenance facility for the automated people-mover (APM) system of the Bay Area Rapid Transit (BART) at BART Coliseum/Oakland Airport Station to the Oakland International Airport in Oakland, California. Contra Costa Electric will be responsible for the construction, coordination and installation of all electrical systems for two new transit stations and a new maintenance facility. The APM system covers a 3.2-mile route from the BART Coliseum/Oakland Airport Station to the Oakland International Airport and is designed to transport travelers to the airport in about eight minutes with an on-time performance of more than 99%. The scope of work of Contra Costa Electric includes construction of the electrical facilities for the stations’ project, as well as management of the BIM modeling for all trades, and management of all low voltage construction. This includes installation of station power, switchgear, lighting and special systems, including fire alarm, security, communications, paging and the public address and closed circuit TV systems. "We’re pleased to be working on this important, high profile BART project that, when completed, will move people easily and efficiently to and from the Oakland International Airport," stated Michael Dias, President and CEO, Contra Costa Electric. "Contra Costa Electric is uniquely suited to this project, and we are delighted to have another opportunity to serve the needs of the people of the Bay Area in a meaningful and enduring manner." About EMCOR Group, Inc. A Fortune 500 company with estimated 2012 revenues of ~$6.0B, EMCOR Group, Inc. (NYSE: EME) is a leader in mechanical and electrical construction, energy infrastructure, and facilities 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 ~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 2011 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.