EMCOR Group, Inc. Subsidiary Awarded Contract For Operations And Maintenance At Fort Belvoir Community Hospital And The Northern Region Medical Command

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 EMCOR Government Services (EGS) has been awarded contracts for operation, maintenance, and repair of systems and services with an expanded scope of work at Fort Belvoir Community Hospital and the building housing the Northern Region Medical Command in Fort Belvoir, Virginia. EGS has been the service provider for Fort Belvoir Community Hospital since it opened in 2011.

EMCOR Government Services (EGS) will be responsible for the operation, maintenance, and repair of Fort Belvoir Community Hospital, a 1.8 million square foot facility that contains 120 patient beds, several operating rooms, an intensive care unit, a level II nursery, and a Warrior Transition Unit, and more than 65 specialty outpatient clinics. Scope of work includes repair and maintenance of the HVAC, electrical, plumbing, and refrigeration systems, as well as operation and repair of all hospital emergency power, medical gas, communications, fire and life safety, and vertical transportation systems. EGS will also provide grounds maintenance, pest control, water treatment, and energy management services.

EGS’s scope of work for the building that houses the Northern Region Medical Command will be similar to those services to be provided for Fort Belvoir Community Hospital.

“EMCOR Government Services continues to adapt to the evolving needs of the federal government; and keeping the quality of its service at an exceptionally high level,” stated Mike Rodgers, President, EMCOR Government Services. “EMCOR Government Services saves customers time and money by self-performing in areas where many of its competitors rely on subcontractors. In addition to being convenient and cost-effective, in a hospital environment, time saved by in-house response equates to a reduction in lost-time and potentially saves lives.”

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.

If you liked this article you might like

The Hype of Infrastructure Spending is Over; Now it's 'Show Me the Money'

Boeing, Chicago Bridge and Iron, Mobileye, Horizon Pharmaceuticals: 'Mad Money' Lightning Round

Jobs Data, Earnings Back in the Spotlight for Next Week: Cramer's 'Mad Money' Recap (Friday 3/3/17)

Don't Be Cowed in the Face of This Bull: Cramer's 'Mad Money' Recap (Wednesday March 1)