BIM is the creation of a complete digital representation of all stages of the building process in order to facilitate exchange information in a digital format. BIM utilizes three-dimensional modeling concepts, information technology, and interoperable software to design, construct and operate/maintain a facility virtually in all aspects via information systems. It allows for the effective management of the pre-fabrication of project materials and enables the creation of new and innovative solutions for clients in every market sector that otherwise would not have been possible.
EMCOR first began use of BIM three years ago and currently deploys the technology at 26 of its operating companies---a number that is continuing to grow. Participating companies are interconnected through a common platform that enables them to aggregate and deploy the technology and information anywhere, as needed. As part of the process, EMCOR also uses the same customized collaborative concepts when working with its clients, creating a true platform of innovation by bringing together architecture and engineering professionals, general contractors and construction managers, and specialty contractors such as mechanical, electrical, plumbing, and fire protection, all at the beginning and throughout the lifecycle of a project.
"The most exciting part of BIM and our approach is that, while accomplishing so much on behalf of our clients over the last three years, it's really just the beginning---the use of BIM technology in facility contracting is in its infancy; our capacity to utilize it is increasing all the time. We developed our use of this technology out of necessity; now our clients are demanding it," said David Morris, Director of Virtual Construction for EMCOR Construction Services, a position that is increasingly growing in prominence within BIM-progressive companies. "EMCOR is a leader in utilizing BIM to transform traditional design/build concepts, which will have industry-changing advantages to engineers, specialty contractors, owners, and clients."
EMCOR is also making strides through its ongoing collaboration with the Construction Users Roundtable (CURT), The Building Smart Alliance, American Institute of Architects, and Associated General Contractors of America on developing best practices in the use of BIM technology in integrated project delivery.
About EMCOR Group, Inc.
A Fortune 500 company with over $5.9 billion in annual revenues, 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, heating, security and power generation systems---in virtually every sector of the economy and for a diverse range of businesses around the world. EMCOR represents a rare combination of global reach with local execution, combining the strength of an industry leader with the knowledge and care of 170 locations worldwide. The 29,000 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 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 2007 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.
EMCOR Group, Inc.
Mava Heffler, 203-849-7814
Vice President, Marketing & Communications
Linden Alschuler & Kaplan, Inc.
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