EMCOR Group, Inc. Subsidiary Awarded Contract For Installation Of Mechanical Systems At Kansas City Power And Light Headquarters
NORWALK, CONNECTICUT, July 22, 2009 - 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 Fagan Company subsidiary has received a contract for the installation of the mechanical systems for a major retrofit at the new headquarters for Kansas City Power and Light (KCP&L) located in Kansas City, Missouri.
Fagan will be responsible for HVAC and plumbing system refurbishment and installation associated with 11.5 floors (230,000 square feet) in KCP&L's headquarters facility located in downtown Kansas City. Scope of work includes, refurbishment of existing air handling units, as well as installation of distribution ducts, fan-powered boxes, fan coil units, sound attenuators, grilles and diffusers. Fagan will also install temperature controls, plumbing, and new fixtures. Additionally, work includes modifying piping to accommodate the raised floor air distribution, connection to existing chilled water air handling units for cooling and ventilation, and providing electric heat in the new fan powered boxes. The building has been designed to LEED Gold standards as determined by the U.S. Green Building Council.
"We are pleased to have been selected for this job; we're additionally excited by the fact that this project for KCP&L is environmentally friendly," said Bill Adams, President and CEO of Fagan. "We know that air quality and comfort is paramount for efficiency and well-being as people work in an environment day in and day out, so we are eager to meet the needs of KCP&L, providing it with the utmost comprehensive, state-of-the-art mechanical services."
About EMCOR Group, Inc.
A Fortune 500 company with estimated 2009 base revenues of $6.0 - $6.3 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 28,000 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 first quarter ended March 31, 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.
