EMCOR Group, Inc. Subsidiary Awarded Contract for Installation of Electrical Systems for San Pedro’s Automated Traffic Surveillance and Control Project
2009-11-12 21:06:11 -
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 noted during its 10/29/09 Third Quarter Earnings Call, its Dynalectric Los Angeles subsidiary has received a contract from the Los Angeles Department of Public Works for the installation of electrical systems
for the San Pedro Automated Traffic Surveillance and Control (ATSAC) project in San Pedro, California.
This particular project for the San Pedro ATSAC system, scheduled for completion in November 2010, is one of 36 geographical phases of the ATSAC project, which encompass the City of Los Angles.
Dynalectric’s scope of work for the San Pedro ATSAC project includes an upgrade or replacement of 64 traffic signal controllers, including various modifications to existing traffic signal poles, gear, and wiring at all locations. Dynalectric will be installing over 18 miles of underground conduits and fiber optic cables, as well as 13 video surveillance cameras and loop detectors for auto and bus traffic, video and data communication equipment. It will also be installing electrical systems for a refurbished communication hub building. In addition, Dynalectric will be responsible for the installation of hardware and the integration of software for a citywide computer controlled traffic signal system for the San Pedro ATSAC phase.
“This is a very exciting project for the City of Los Angeles and we are thrilled to be a part of it,” said Chris Pesavento, President and CEO of Dynalectric. “We maintain our excellent reputation by consistently meeting the needs of our clients and as is so often the case, the results of our work will impact the daily lives of all of us for years to come.”
About EMCOR Group, Inc.
A Fortune 500 company with estimated 2009 revenues of $5.5 - $5.6 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.
Additional information on EMCOR can be found at www.EMCORGroup.com :
cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. .
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 2008 Form 10-K, its Form 10-Q for the third quarter ended September 30, 2009, 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.
EMCOR Group, Inc.Mava Heffler, 203-849-7814Vice President,
Marketing &CommunicationsorLinden Alschuler &
Kaplan, Inc.Media:Suzanne Dawson/Cecile Fradkin, 212-575-4545
