EMCOR Group, Inc. Subsidiary Awarded Contracts for Bruce Nuclear Generator Station.EMCOR Group EMCOR Group NYSE: EME is a Fortune 500 company based in Norwalk, Connecticut. This company's businesses include mechanical and electrical construction, energy infrastructure, and facilities services. , Inc. (NYSE NYSE
See: New York Stock Exchange : EME n. 1. An uncle. ), a Fortune 500[R] leader in mechanical and electrical construction, energy infrastructure and facilities services for a diverse range of businesses, reported that as previously noted on its 2/26/09 Fourth Quarter Earnings Call, its Comstock Canada subsidiary has received contracts from Bruce Power Bruce Power Limited Partnership is a Canadian corporation. It exists as a partnership between Cameco Corporation (31.6%), TransCanada Corporation (31.6%), BPC Generation Infrastructure Trust (31.6%), the Power Workers Union (4%) and The Society of Energy Professionals (1. in connection with a major refurbishment re·fur·bish
tr.v. re·fur·bished, re·fur·bish·ing, re·fur·bish·es
To make clean, bright, or fresh again; renovate.
re·fur of nuclear generators at the Bruce A Power Plant in Tiverton, Ontario Tiverton (2001 census population 743) is a village located in Ontario, Canada. It is near the shore of Lake Huron on Highway 21 between Port Elgin, Ontario and Kincardine, Ontario.
Tiverton is incorporated in the Municipality of Kincardine. .
Comstock Canada will be responsible for providing mechanical and electrical construction services supporting the refurbishment of the facility's four 900 MW class CANDU CANDU CANada Deuterium Uranium (Atomic Energy of Canada Limited) type nuclear reactor units. The scope of work involves low-pressure service water and high-pressure recirculation Noun 1. recirculation - circulation again
circulation - the spread or transmission of something (as news or money) to a wider group or area water pipe replacement and flushing, in addition to the filed execution of the valve replacement program.
Bruce Power is Canada's first private nuclear generator. The 2,300-acre site houses the Bruce A and B generating stations, each of which holds four CANDU reactors. Six of those nuclear units are currently operational and combined produce more than 4,700 megawatts, enough to power 20 percent of the hospitals, homes and schools in Ontario.
"Comstock has had a significant and ongoing relationship with Bruce Power since we performed the removal and replacement of steam generators on Units 1 and 2 at its nuclear power generating facility, and then continued with activities in support of that facility," stated Geoff Birkbeck, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Comstock Canada. "We are extremely pleased to be further expanding our relationship with Bruce Power and working on yet another highly technical project so important to Canada's future. "
About EMCOR Group, Inc.
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. EMCOR gives life to new structures and sustains life in existing ones by its planning, installing, operating and maintaining the sophisticated and dynamic systems that create facility environments---such as electrical, mechanical, lighting, air conditioning air conditioning, mechanical process for controlling the humidity, temperature, cleanliness, and circulation of air in buildings and rooms. Indoor air is conditioned and regulated to maintain the temperature-humidity ratio that is most comfortable and healthful. , heating, security and power generation systems---in virtually every sector of the economy and for a diverse range of businesses. 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 America's "Most Admired" and "Best Performing." 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 forward-looking statement
A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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 Form 10-K
A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.
See 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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|Date:||Mar 23, 2009|
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