EMCOR Group, Inc. Subsidiary Awarded Contract For Installation Of Fire Protection Systems At The Revel Hotel And Casino Resort
NORWALK, CONNECTICUT, May 10, 2011 - 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 reported during its April, First Quarter 2011 Earnings Call, its S.A. Comunale subsidiary has been awarded a contract for the installation of fire protection systems at the Revel Hotel and Casino Resort in Atlantic City, New Jersey.
S.A. Comunale will be responsible for the complete installation of the fire protection systems in the eight levels of the public space for the Revel Hotel and Casino Resort --- 650,000 total square feet of space that includes a 5,000-seat arena, 20 restaurants, 40 retail shops, and a hotel tower that’s the tallest structure in Atlantic City (710 feet). The scope of S.A. Comunale’s work involves installation of all the wet and dry fire suppression systems, wet standpipes, as well as the complete fire pumping systems.
"What an honor it is to have been chosen to be part of the team helping to develop this unique and luxurious property," stated Steve Comunale, President and CEO of S.A. Comunale, Inc. "We take great pride in the depth of experience we have, enabling us to provide Revel Hotel and Casino the complex and comprehensive services required for this project
About EMCOR Group, Inc.
A Fortune 500 company with estimated 2010 revenues of $5.0 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.
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 2009 Form 10-K, its Form 10-Q for the third quarter ended September 30, 2010, 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.
# # #
Vice President, Marketing & Communications
Linden Alschuler & Kaplan, Inc.
Lisa Linden/Mollie Fullington