EMCOR Group, Inc. Again Named By Fortune Magazine World's #1 Most Admired Company In Engineering And Construction Industry

11th March 2010

 

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, is proud to announce that it has been named the 2009 World's Most Admired Company in the Engineering and Construction Industry by FORTUNE magazine. This is the second consecutive year EMCOR has received this recognition.

 

FORTUNE's Most Admired list is the definitive report card on corporate reputations. The annual ranking was compiled starting with approximately 1,400 companies and was completed after sorting and surveying 667 companies in 55 industries from 33 countries. The Hay Group, FORTUNE's survey partner, asked 4,170 executives, directors, and analysts to rate companies in their industry on nine criteria, from investment value to social responsibility. The full list of companies will appear in the March 22, 2010 edition of FORTUNE, and is currently available at www.fortune.com.

 

This year, EMCOR received a strong overall score, ranking it Number 1 in the Engineering and Construction industry, compiled from survey scores based on key attributes including Innovation, People Management, Use of Corporate Assets, Social Responsibility, Quality of Management, Long-Term Investment and Quality of Service.

 

"This is a great honor and we take immense pride in this acknowledgement," said Frank T. MacInnis, Chairman and CEO of EMCOR. "We are committed to continuing and always enhancing the quality of service we provide to our valued clients---we are thankful for and appreciate their business. I also want to thank the 25,000 employees of EMCOR, whose dedication, skills and abilities have made this recognition possible."

 

Keith Chanter, Chief Executive of EMCOR Group (UK) plc added: "We are extremely proud that our parent company EMCOR Group, Inc. has again been recognised among the world's leading companies. In the UK we continue to build on our international track record, and our 3000 employees are dedicated to furthering our long-term successful partnerships with our clients and providing them with industry leading solutions."

 

EMCOR recently announced its 58th consecutive profitable quarter.

 

Active in its social responsibility efforts, EMCOR's "Touching Lives" corporate responsibility program is robust and includes the further expansion of its "Taking KidSafety to the Street™" program, which leverages EMCOR's fleet of more than 6,000 service vehicles nationwide to display posters from the National Center for Missing and Exploited Children (NCMEC) of missing children. EMCOR's efforts have aided in the recovery of more than 170 children since the inception of the program in 2005. Another program within "Touching Lives"—its "Pink Hard Hat" Program--- centers on Breast Cancer Awareness. EMCOR employees across its subsidiaries wore pink hard hats throughout the month of October as part of EMCOR's "Protect Yourself" campaign, the Company's program supporting breast cancer screening and awareness.

 

Over the course of the past year, EMCOR continued its leadership in delivering innovative mechanical and electrical construction, energy infrastructure, and facilities service solutions with a diverse range of new projects for companies and organizations, including government entities (e.g. U.S. Coastguard headquarters in Washington, D.C., and Kirtland Air Force Base Medical Clinic in New Mexico), many of the country's top healthcare providers (e.g. Texas Children's Hospital and Oregon State Hospital), universities (e.g. the University of Notre Dame in Indiana, and Colorado State University), power plants and energy services projects (e.g. Constellation Energy's Brandon Shores Power Plant and Nebraska Public Power District), and highly sophisticated infrastructure projects (e.g. the San Pedro Automated Traffic Surveillance and Control Project in California, and Street Light Installations for the New York City Department of Transportation).

 

Notes to editors

 

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, organisations 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 25,000 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.

 

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 UK is a wholly owned subsidiary of EMCOR Group, Inc. (NYSE:EME). Additional information on EMCOR Group (UK) can be found at www.EMCORUK.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, unfavourable labour 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, 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.