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EMCOR Group, Inc. Ranked Number One In Construction & Engineering Industry Segment Of InformationWeek 500.
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 globally, announced it has been named to the InformationWeek 500 for the sixth consecutive year and placed number one in the Construction & Engineering industry segment.
The InformationWeek 500 tracks the technology practices of the nation's most innovative and best-known companies, documenting their business-technology strategies, investments, and administrative practices. Its highest rank to-date, EMCOR was 53rd out of the 500 companies that qualified for the list.
“Technology is increasingly key to the growth and efficiency of the specialty construction and facilities services industries. It’s an integral part of everything we do, from internal operations, to design/build project work, to giving our service customers the knowledge and information they require to understand the costs of maintaining their facilities. Being recognized by InformationWeek as one of the top corporate users of technology and the best in our industry is a significant statement and honor,” said Frank T. MacInnis, Chairman and CEO of EMCOR Group.
Two of EMCOR’s most recent technology initiatives center around BIM (Building Information Modeling). BIM is a new 3D object-oriented modeling tool used by the architecture, engineering, construction and facilities management industries to demonstrate building lifecycle interoperability, including the processes of construction and facility operation. Additionally, EMCOR’s private communication network, EMCOR.net, has facilitated knowledge sharing, improved communications, allowed workload balancing, and delivers a variety of efficiency improvements.
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 140 locations worldwide. The 27,000 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.
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 second quarter ended June 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.
CONTACT:
Mava Heffler
Vice President, Marketing & Communications
203-849-7814
Linden Alschuler & Kaplan, Inc.
Media: Josh Epstein
212-575-4545
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