EMCOR Group, Inc. Awarded Electrical Construction Of Water Treatment Plant For Department Of Environmental Protection
NORWALK, Conn.--(BUSINESS WIRE)--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, announced that its Welsbach Electric subsidiary has been awarded a contract to perform the electrical construction services for a new clean water treatment plant located in Westchester County, New York, for the New York City Department of Environmental Protection.
Welsbach Electric is responsible for the complete electrical installation associated with the construction of the project's two billion gallon-per-day ultraviolet (UV) light disinfection facility, a 170,000 square foot, two story concrete structure. Its lower level houses 56 of the largest UV units ever built, while the upper level contains electrical distribution equipment, HVAC equipment and administrative offices. Welsbach Electric will also be involved in providing electrical construction services for eight additional buildings and structures associated with the project.
When complete, this clean water treatment plant will be the world's largest UV facility for disinfecting drinking water. The water treatment plant will treat drinking water from New York City's Catskill and Delaware reservoir system, which accounts for approximately 90% of New York City's drinking water.
"We are pleased to be providing the New York City Department of Environmental Protection with the electrical construction services required to power this leading-edge infrastructure project," said Keith Carney, President and CEO of Welsbach Electric. "We look forward to being a part of a team whose priority it is to deliver safe drinking water to New York City for years and generations to come."
About EMCOR Group, Inc.
A Fortune 500 company with estimated 2008 revenues of $6.8 - $7.0 billion, 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 reach with local execution, combining the strength of an industry leader with the knowledge and care of 170 locations worldwide. The 30,000 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 2007 Form 10-K, its Form 10-Q for the second quarter ended June 30, 2008, 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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