EMCOR Group, Inc. Subsidiary Awarded Contract for Demolition and Reconstruction of Herbert Hoover Dike
NORWALK, CONNECTICUT, November 8, 2013 - EMCOR Group, Inc. (NYSE: EME), a Fortune 500® leader in mechanical and electrical construction, industrial and energy infrastructure, and facilities services for a diverse range of businesses, announced that its subsidiary Harry Pepper Associates, Inc. (HPA) has been awarded a contract by the U.S. Army Corps of Engineers for the demolition and reconstruction of elements of the Herbert Hoover Dike in Okeechobee and Palm Beach Counties, Florida.
Harry Pepper and Associates (HPA) will be responsible for the demolition and removal of two existing Herbert Hoover Dike Culverts (8 and 13) and the construction of new water control structures to replace them at their respective existing locations. Scope of work will include the installation of earthen cofferdams (a watertight enclosure pumped dry to permit construction work below the waterline) within Lake Okeechobee and steel sheet pile cofferdams at the landside of each culvert in order to dewater each construction site.
“We’re delighted to have again been selected to work with the U.S. Army Corps of Engineers in our region for this important work on the Herbert Hoover Dike,” stated David Pepper, President and CEO, HPA. "HPA's substantial and diverse experience performing this type of work enables us to provide the wide-ranging skills necessary to fulfill the rigorous specifications required of this project."
About EMCOR Group, Inc.
A Fortune 500 company with estimated 2013 revenues of ~$6.45B, EMCOR Group, Inc. (NYSE: EME) is a leader in mechanical and electrical construction, industrial and energy infrastructure, and facilities 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 29,000+ 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 2012 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.
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FOR: EMCOR GROUP, INC.
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