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EMCOR reports solid 1Q 2011 results

April 28, 2011
EMCOR Group Inc., Norwalk, Conn., reported a 8.3 percent increase in 1Q 2011 revenues to 1.3 billion and a 12.7 percent increase in net income to $24.6 million. Tony Guzzi, the company's president and CEO, said in a press statement, “Our results for the ...

EMCOR Group Inc., Norwalk, Conn., reported a 8.3 percent increase in 1Q 2011 revenues to 1.3 billion and a 12.7 percent increase in net income to $24.6 million. Tony Guzzi, the company's president and CEO, said in a press statement, “Our results for the quarter were driven by superior performance of our large construction projects, as well as a recovery in demand for our services in the refinery sector."

In other news at the company, EMCOR's Dynalectric Los Angeles subsidiary has been awarded a contract to install the electrical systems for the Middle Harbor Redevelopment Project at the Port of Long Beach, Calif. Details