EMCOR and IES See Sluggish Construction Market in 2003 but Some 4th-Quarter Growth

Two of the largest electrical contractors in the United States, EMCOR Group Inc., Norwalk, Conn., and Integrated Electrical Services Inc., Houston, expect uncertain business conditions in 2003.

EMCOR, the nation's third largest electrical contractor in CEE News' 2002 Top 50 listing, reported total company sales of $4 billion in 2002, and expects its revenue to increase to the $4.4 billion to $4.6 billion range in 2003. In 2001, its electrical contracting business accounted for

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