EMCOR Group, Inc. Subsidiary Awarded Contract for Installation of Fire Detection and Alarm Systems at Amtrak’s New York Pennsylvania Station
Business Wire- 11/3/2009 7:30:00 AM EST
EMCOR Group, Inc. Subsidiary Awarded Contract for Installation of
Fire Detection and Alarm Systems at Amtrak’s New York Pennsylvania
Station
( BW)(CT-EMCOR-GROUP)(EME.NYSE) EMCOR Group, Inc. Subsidiary Awarded Contract for Installation of
Fire Detection and Alarm Systems at Amtrak’s New York Pennsylvania
Station
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 as previously noted
during its 10/29/09 Third Quarter Earnings Call, its Welsbach Electric
subsidiary has received a contract for the installation of fire
detection and alarm systems at Amtrak’s New York Pennsylvania (Penn)
Station.
Welsbach Electric's work for Penn Station consists of removal of
existing fire detection and alarm equipment from New York Penn Station
and installation of new fire detection and alarm equipment in the Penn
Station Central Control Building at 400 West 31st Street, New York, NY.
Penn Station is the major intercity rail station and a major commuter
rail hub in New York City. Serving 600,000 passengers a day at a rate of
up to a thousand every 90 seconds, it is the busiest passenger
transportation facility in the United States and is the busiest train
station in North America.
“We are delighted to be able to serve the City of New York with our
superior electrical services capabilities,” said Keith Carney, President
and CEO of Welsbach Electric. “For over a century, Welsbach Electric has
specialized in electrical construction and maintenance for a variety of
government agencies, utilities and private enterprises---so today around
the New York area, one doesn’t have to go far without seeing something
that Welsbach Electric hasn’t helped build or power.”
About EMCOR Group, Inc.
A Fortune 500 company with estimated 2009 revenues of $5.5 - $5.6
billion, EMCOR Group, Inc. (NYSE: EME) 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.
CONTACT:
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
KEYWORDS: United States North America Connecticut
INDUSTRY KEYWORDS: Energy Utilities Technology Transport Security Rail Construction & Property Other Construction & Property
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