Profile: EMCOR Group, Inc. (EME)

EMCOR Group, Inc. (EMCOR) is an electrical and mechanical construction and facilities services company in the United States, Canada, the United Kingdom and in the world. The Company’s segments include United States electrical construction and facilities services, United States mechanical construction and facilities services, United States facilities services, Canada construction and facilities services, United Kingdom construction and facilities services, and Other international construction and facilities services. The Company specializes in providing construction services relating to electrical and mechanical systems in facilities of all types and in providing services for the operation, maintenance and management of all aspects of such facilities (referred to as facilities services).

EMCOR designs, integrates, installs, operates and maintains various electrical and mechanical systems, including electric power transmission and distribution systems; premises electrical and lighting systems; low-voltage systems; voice and data communications systems; roadway and transit lighting and fiber optic lines; heating, ventilation, air conditioning, refrigeration and clean-room process ventilation systems; fire protection systems; water and wastewater treatment systems, and central plant heating and cooling systems. The Company provides construction services and facilities services directly to corporations, municipalities and other governmental entities,

owners/developers and tenants of buildings.

The Company provides electrical and mechanical construction services for both large and small installation and renovation projects. Its projects include those for institutional use (such as water and wastewater treatment facilities, hospitals, correctional facilities and research laboratories); for industrial use (such as pharmaceutical plants, steel, pulp and paper mills, chemical, food, automotive and semiconductor manufacturing facilities and oil refineries); for transportation projects (such as highways, airports and transit systems); for commercial use (such as office buildings, data centers, hotels, casinos, convention centers, sports stadiums, shopping malls and resorts), and for power generation and energy management projects.

The Company performs services pursuant to contracts with owners, such as corporations, municipalities and other governmental entities, general contractors, systems suppliers, construction managers, developers, other subcontractors and tenants of commercial properties. It also installs and maintains lighting for streets, highways, bridges and tunnels, traffic signals, computerized traffic control systems, and signal and communication systems for mass transit systems in several metropolitan areas. In the United States, the Company manufactures and installs sheet metal air handling systems for both its own mechanical construction operations and for unrelated mechanical contractors. It also maintains welding and pipe fabrication shops in support of some of its mechanical operations. EMCOR’s United States facilities services business provides facilities services to a range of commercial, industrial and institutional facilities, including both those, for which the Company has provided construction services and those, for which construction services were provided by others. Facilities services are bundled to provide integrated service packages and are provided on a mobile basis or by its employees based at customer sites.

The Company’s United States facilities services division offers a range of facilities services, including maintenance and service of electrical and mechanical systems. It provide facilities services in the states in the United States and as part of its operations are responsible for the oversight of all or most of the facilities operations of a business, including operation and maintenance; the oversight of logistical processes; servicing, upgrade and retrofit of heating, ventilation and air conditioning (HVAC), electrical, plumbing and industrial piping and sheet metal systems in existing facilities; diagnostic and solution engineering for building systems and their components; maintenance and support services to manufacturers and power producers, and shop and onsite field services for refineries and petrochemical plants.

The EMCOR Energy Services business, which is part of the Company’s facilities services segment designs, constructs and operates energy-related projects and facilities on a turnkey basis. The Company operates several central heating and cooling plants/power and cogeneration facilities and provided maintenance services for high-voltage and boiler systems under multi-year contracts. In addition, it provided consulting and national program energy management services under multi-year agreements and energy efficiency system retrofits. Its energy services projects include engineering, procurement and construction of two renewable energy facilities to process landfill gas into pipeline quality natural gas; construction of several multi-megawatt cogeneration projects for Johnson & Johnson, the University of New Hampshire and Pluma Sierra Rural Electric Cooperative, and construction management services for the San Francisco Public Utilities Commission, Pacific Gas & Electric Company and Southern California Edison for self generation and alternative generation projects and a range of conservation and efficiency projects.

The Company competes with Integrated Electrical Services, Inc. Comfort Systems USA, Inc., Johnson Controls, Inc., Fluor Corp., UNICCO Service Company, URS Corporation, CB Richard Ellis Group, Inc., Jones Lang LaSalle, ABM Facility Services, Linc Facility Services, LLC, Carrier Corp. and Trane Air Conditioning.