EMCOR Group, Inc. Subsidiary Brings Major State-of-the-Art Hospital to Life with...
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EMCOR Group, Inc. Subsidiary Brings Major State-of-the-Art Hospital to Life with Integral Mechanical, Electrical Installations NORWALK, Conn.--(Business Wire)--EMCOR Group, Inc. (NYSE: EME), a Fortune 500(R) leader in mechanical and electrical construction, energy infrastructure and facilities services for a diverse range of businesses globally, announced that its EMCOR UK subsidiary has completed a major mechanical and electrical services project for Royal Broadgreen Hospital in Liverpool. The value of the contract was in excess of $44 million. EMCOR UK was responsible for the design and installation of all systems for medical gases, pneumatic air tubing, heating and ventilation, comfort cooling and air conditioning, power, lighting, fire detection, and security/CCTV on the project. The new, 29,500-square-meter hospital consolidates the services of Royal Liverpool and Broadgreen University hospitals and consists of a new Diagnostic and Treatment Center incorporating departments of urology, general surgery, orthopedics, day wards, pre-op assessments, therapies, and eight operating theater suites, and a Cardiothoracic Center, which includes wards for adult acute care, intensive care, coronary care, outpatient services, and consultant offices. EMCOR UK achieved a UK first with the design and installation of an innovative, multi-tabled "Barn" Operating Theater with optional partitioning walls. Barn theaters are open plan and include several operating tables, with special air units above them, forming barriers around each table, which are highly efficient and encourage the sharing of best practices and expertise. "We are extremely proud to complete this extensive project, which meets the strategic aims of the client by increasing hospital capacity, permitting consolidation of patients from two sites into new, larger facilities, bringing assets up to standard and into better balance, and allowing for accommodation of new models of service in the future," said Anthony Whale, President and CEO of EMCOR UK. "Our significant history of expertise in healthcare was especially important as the work on the project took place around a functioning hospital which needed to remain fully operational throughout the redevelopment." About EMCOR Group, Inc. A Fortune 500 company with over $5.0 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 28,000 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 2006 Form 10-K, its Form 10-Q for the third quarter ended September 30, 2007, 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. EMCOR Group, Inc. Mava Heffler, 203-849-7814 Vice President, Marketing & Communications or Media: Linden Alschuler & Kaplan, Inc. Josh Epstein, 212-575-4545 Copyright Business Wire 2008
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