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EMCOR Group, Inc. Subsidiary Awarded Contract for Installation of Mechanical Systems at Texas Children's Hospital New Maternity Center

Thu. November 05, 2009; Posted: 07:30 AM
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Look up the PowerRating of EME and see how it has performed over the past week as well as the current proprietary PowerRating.

NORWALK, Conn., Nov 05, 2009 (BUSINESS WIRE) -- EME | Quote | Chart | News | PowerRating -- 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, announced that as previously noted during its 10/29/09 Third Quarter Earnings Call, its Gowan, Inc. subsidiary has been awarded a contract for the installation of mechanical systems for the new Maternity Center at Texas Children's Hospital in Houston, Texas.

Gowan, Inc. will be responsible for the installation of the HVAC systems in the new 790,000 square foot, 15-story Maternity Center and its 1,000-car parking garage.

Based on the latest concepts of evidence-based design, this new facility recognizes the environment as a vital part of therapeutic treatment. Equipped with the very latest in technology, the Maternity Center at Texas Children's Hospital is designed to be an optimal health care facility of choice for expectant Houston families. Scheduled to open Winter 2011, the hospital addition will be licensed for 90 beds, with capacity for more than 5,000 births per year.

"This is an exciting and very significant project for the community and, therefore, for Gowan," commented Mark Froman, Gowan's President and CEO. "Gowan recently completed the HVAC work associated with the expansion of the Hospital's Feigin Center, so again working with Texas Children's Hospital to help provide Houston families a healthy and comfortable health care environment---and start to life!---is very meaningful work for which we are honored to have been selected."

About EMCOR Group, Inc.

A Fortune 500 company with estimated 2009 revenues of $5.5 - $5.6 billion, EMCOR Group, Inc. (NYSE: EME | Quote | Chart | News | PowerRating) is a global leader in mechanical and electrical construction, energy infrastructure, and facilities services. A leading 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 2008 Form 10-K, its Form 10-Q for the third quarter ended September 30, 2009, 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.

SOURCE: EMCOR Group, Inc.

EMCOR Group, Inc. 
Mava Heffler, 203-849-7814 
Vice President, Marketing & 
Communications 
or 
Linden Alschuler & Kaplan, Inc. 
Media: 
Suzanne Dawson/Cecile Fradkin 
212-575-4545
For full details on Emcor Group Inc (EME) click here. Emcor Group Inc (EME) has Short Term PowerRatings of 5. Details on Emcor Group Inc (EME) Short Term PowerRatings is available at This Link.

    


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