EMCOR Group, Inc. Subsidiary Awarded Contract For Design-Build Of Vertically Integrated Manufacturing Facility For Cayuga Milk Ingredients
NORWALK, CONNECTICUT, January 24, 2013 - 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 subsidiary Shambaugh & Son has been awarded a contract by Cayuga Milk Ingredients to act as the design/build contractor for its new manufacturing facility in Auburn, New York.
Shambaugh & Son will be responsible for the design and construction of this110,000 square foot evaporator and dryer, vertically integrated manufacturing facility for Cayuga Milk Ingredients as well as for installation of its process equipment and utilities. Shambaugh's scope of work includes all construction management, as well as management and performance of all architectural, civil, structural, process, mechanical, electrical, and plumping disciplines.
"We're delighted we were selected to provide the wide range of services required for this complex new facility for Cayuga," stated Mark Shambaugh, President and CEO, Shambaugh & Son. "The diverse experience of Shambaugh's seasoned personnel enables us to provide the expertise and breadth of skills required to meet the demanding specifications of this project."
About EMCOR Group, Inc. A Fortune 500 company with estimated 2012 revenues of ~$6.0B, EMCOR Group, Inc. (NYSE: EME) is a leader in mechanical and electrical construction, energy infrastructure, and facilities services. A 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 2011 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.