EMCOR Group (UK) Awarded Contract For Complete Installation Of All Mechanical & Electrical Systems At London's 110 Fetter Lane Development

30th April 2009

 

EMCOR Group (UK) has announced that its Engineering Services division has been awarded a multi-million pound contract for the installation of all shell and core mechanical, electrical, and public health services at the 110 Fetter Lane development in central London. EMCOR Group (UK) provides engineering services, facilities management and sustainable business solutions through its two businesses--- EMCOR Engineering Services and EMCOR Facilities Services.

 

The new eight-storey building being constructed by main contractor Carillion will provide 26,000 square metres of office accommodation to replace the existing Rolls House, Arnold House and No 8 Bream Buildings and is being developed by Delancey and Invista Real Estate Investment Management. The building has been designed to promote the highest standards of sustainability and environmental efficiency and has achieved an 'Excellent' rating from BREEAM. EMCOR Group (UK) will be installing a highly efficient combined cooling, heating and power (CCHP) plant, heat recovery technology, low-nox condensing boilers, a bespoke building energy management system, and high efficiency lighting.

 

"EMCOR Group (UK) is very excited to have been chosen to work on the 110 Fetter Lane scheme with Carillion and offer our expertise on the many aspects of construction involved in the creation of this facility," said Mr. Keith Chanter, CEO of EMCOR Group (UK). "The goal of our innovative approach will be to deliver a comprehensive project, complementary solutions and systems, and a facility that is totally consistent with our client's vision."

 

Of the total space being developed at 110 Fetter Lane, 73% has already been let, significantly ahead of completion, which is scheduled for the first quarter of 2010; 67,500 sq ft remains available. Woods Bagot is the architect for the scheme and Farebrother, Knight Frank and Atis Real are acting as letting agents.

 

Notes to editors

About EMCOR Group (UK) plc

With over 100 years experience in the UK market, EMCOR Group (UK) plc provides engineering services, facilities management and sustainable business solutions through its two businesses--- EMCOR Engineering Services and EMCOR Facilities Services. EMCOR Group (UK) plc is a wholly owned subsidiary of EMCOR Group, Inc. (NYSE:EME), 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’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 2008 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.