EMCOR Group, Inc. Subsidiary Awarded a Contract for Installation of Plumbing and Sprinklers Systems at Marbella II Development
NORWALK, CONNECTICUT, March 18, 2014 - EMCOR Group, Inc. (NYSE: EME), a Fortune 500® leader in mechanical and electrical construction, industrial and energy infrastructure, and building services for a diverse range of businesses announced that its subsidiary, F&G Mechanical Corp., has been awarded a contract for the installation of all plumbing and fire protection systems at the Marbella II Development, a new luxury high rise apartment development adjoining the Marbella I Complex on the Hudson River in Jersey City, New Jersey.
F&G Mechanical will be responsible for the installation of comprehensive plumbing and sprinkler systems for the 311-unit, 38-story luxury high rise Marbella II apartment building, including its fitness facility, business center clubroom, media room, fully landscaped outdoor amenities deck with swimming pool, cabanas, barbeques, and firepits.
F&G Mechanical’s plumbing scope of work includes a four zone hot and cold water system with a booster pump, four pressure reducing stations and a 4,600,000 BTU water heating system with 2,400 gallons of storage. Plumbing scope also includes installation of over 1,800 plumbing fixtures and a sanitary drainage system as well as complete storm and natural gas systems. The fire protection scope of work (to be performed by Meadowlands Fire Protection, a division of F&G Mechanical) includes design and installation of fire sprinklers, as well as installation of approximately 4,000 wet sprinklers, two standpipe risers, an electric fire pump, and a 16,000 gallon secondary water tank for system reliability.
“F&G Mechanical is pleased to have been chosen to work on the Marbella II Development luxury property,” stated Sal Fichera, President of F&G Mechanical. "F&G Mechanical has a history of completing complex and large scale plumbing and sprinkler work according to exacting specifications. Our focus on client satisfaction and an insistence in performing with excellence are hallmarks of our team and company
About EMCOR Group, Inc.
A Fortune 500 company with estimated 2014 revenues of ~$6.8B, EMCOR Group, Inc. (NYSE: EME) is a leader in mechanical and electrical construction, industrial and energy infrastructure, and building 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 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 2013 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.
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FOR: EMCOR GROUP, INC.
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