Movatterモバイル変換


[0]ホーム

URL:


Jump to content
WikipediaThe Free Encyclopedia
Search

Emcor

From Wikipedia, the free encyclopedia
Company providing mechanical and electrical construction, industrial energy infrastructure
EMCOR Group, Inc.
Company typePublic
IndustryEngineering,Construction
FoundedDecember 1994; 30 years ago (1994-12)
HeadquartersNorwalk, Connecticut
Key people
Anthony J. Guzzi (CEO)
RevenueIncreaseUS$14.566 billion (2024)
Increase US$1.344 billion (2024)
Increase US$1.007 billion (2024)
Total assetsIncrease US$7.716 billion (2024)
Total equityIncrease US$2.938 billion (2024)
Number of employees
40,400 (2024)
Websiteemcorgroup.com
Footnotes / references
[1]

EMCOR Group, Inc., headquartered inNorwalk, Connecticut, provides mechanical and electrical construction, industrial and energy infrastructure, and building services in the United States and the United Kingdom. It has over 100 operating subsidiaries and approximately 180 locations. The company is ranked 324th on theFortune 500.[2] In 2024, the company was ranked 2nd byEngineering News-Record on its list of the top 600 specialty contractors.[3]

The company's electrical and mechanical construction services division, representing 67% of revenues in 2024, provides construction and operation services for infrastructure such aspower stations, including those that providesustainable energy such asphotovoltaic systems;food processing; road lighting and traffic control systems, and other heavy construction projects.[1]

The company's building services division, which represented 24% of revenues in 2024, maintains mechanical systems such as HVAC, plumbing, fire safety, automation, energy, and air quality. Notable government agencies that the company provides services for include theNational Archives and Records Administration, theFederal Deposit Insurance Corporation, theGovernment Accountability Office, and the departments of Transportation, Education, Health and Human Services, Energy, and Homeland Security, as well as theNASA Jet Propulsion Laboratory.[1]

The company's industrial services segment, which represented 9% of revenues in 2024, handles maintenance ofoil refineries and other petrochemical processing plants. It is also leveraging its expertise to construct and maintain facilities related tosustainable energy andcarbon capture and storage.[1]

The company has experienced growth as a result of increased demand for systems due to growth indigital processing,cloud computing, anddata storage. It has benefited from the increased usage ofdata centers,energy transition, focuses on efficiency and sustainability, andreshoring andnearshoring.[1]

History

[edit]

In 1994, Jamaica Water Properties filed for bankruptcy after making making acquisitions unrelated to its core business and incurring significant debt. Frank MacInnis became CEO of the company, sold many of the businesses and renamed the remaining company as Emcor. The company also added facilities management services to provide a steady revenue stream.

As of 2001, since the restructuring was completed in December 1994, the company had realized 27 consecutive quarters of year-over-year revenue growth.[4]

McInnis retired as CEO in January 2011[5] and as chairman in 2015.[6]

Acquisitions

[edit]
#YearCompanyPriceDescription of AssetsRef(s).
1February 200219 companies fromComfort Systems USA$186 million[7]
2February 2003Consolidated Engineering Services$178 millionParent of Cincinnati-based Viox Services[8]
3December 2005FluidicsMechanical services company based in Philadelphia, Pennsylvania[9]
4January 2006ComunaleFire protection and mechanical services company headquartered in Akron, Ohio[10]
5August 2007Ohmstede$455 millionHeat exchanger services provider[11]
6February 2010Scalise IndustriesEngineering, facilities maintenance, and service company headquartered in Lawrence, Pennsylvania[12]
7February 2011Bahnson HoldingsMechanical construction services company headquartered in Winston-Salem, North Carolina[13]
8January 2012Southern Industrial ConstructorsIndustrial services contractor[14]
9July 2013RepconStrickland$455 millionU.S. industrial and refinery service provider[15]
10April 2016Ardent Services and Rabalais Constructors$205 millionU.S. industrial and refinery electrical and instrumentation service provider[16]
11April 2016Newcomb and CompanyHVAC commercial and industrial mechanical contractor[17]
12March 2017CCI MechanicalMechanical service and design-build contractor for the commercial, industrial, and data center markets headquartered in Salt Lake City[18]
13August 2021Quebe HoldingsElectrical services company[19]
14February 2025Miller Electric$865 millionElectrical contractor operating in the Southeastern U.S.[20]

Controversies

[edit]

Data breach

[edit]

In March 2020, the company disclosed that aransomware incident had affected some of its IT systems on February 15, 2020. The incident was identified as an infection withRyuk ransomware. Details about the incident were not disclosed, including whether or not the company paid the ransom demand.[21]

References

[edit]
  1. ^abcde"Form 10-K".U.S. Securities and Exchange Commission. February 26, 2025.
  2. ^"Fortune 500".Fortune.
  3. ^"ENR 2024 Top 600 Specialty Contractors".Engineering News-Record.
  4. ^"Frank MacInnes OF EMCOR Group: In tragedy, opportunity".Institutional investor. October 31, 2001.
  5. ^"EMCOR Chief to Retire".Engineering News-Record. May 26, 2010.
  6. ^"Frank T. MacInnis Retires from EMCOR Group, Inc. Board of Directors; Steven B. Schwarzwaelder Elected to the Board of Directors" (Press release).Business Wire. October 30, 2015.
  7. ^"COMPANY NEWS; COMFORT SYSTEMS SELLS 19 Units to Emcor".The New York Times.Bloomberg News. February 13, 2002.
  8. ^"EMCOR buys parent of Viox".American City Business Journals. February 5, 2003.
  9. ^"EMCOR Group buys Fluidics".Contractor. December 1, 2005.
  10. ^"EMCOR buys Comunale".Contractor. November 1, 2006.
  11. ^Madway, Gabriel (August 22, 2007)."Emcor shares rally on deal to acquire Ohmstede".MarketWatch.
  12. ^Juliano, Michael C. (February 25, 2010)."Emcor buys Scalise Industries".Stamford Advocate.
  13. ^Craver, Richard (February 2, 2011)."Bahnson Holdings to be acquired by Emcor Group".Winston-Salem Journal.
  14. ^"EMCOR Group acquires Southern Industrial Constructors".Contractor. January 27, 2012.
  15. ^"EMCOR Group, Inc. Completes Acquisition of RepconStrickland" (Press release).Business Wire. July 29, 2013.
  16. ^"EMCOR Group, Inc. Completes Acquisition of Ardent Services and Rabalais Constructors" (Press release).Business Wire. April 15, 2016.
  17. ^"Emcor Group acquires Newcomb and Co. in Raleigh, NC".Contractor. April 5, 2016.
  18. ^"EMCOR Group Acquires Salt Lake City's CCI Mechanical".Engineering News-Record. March 22, 2017.
  19. ^"EMCOR Group, Inc. Acquires Quebe Holdings, Inc" (Press release).Business Wire. August 5, 2021.
  20. ^"EMCOR Group, Inc. Completes Acquisition of Miller Electric Company" (Press release).Business Wire. February 3, 2025.
  21. ^Cimpanu, Catalin (March 4, 2020)."Ryuk ransomware hits Fortune 500 company EMCOR".ZDNet.
Energy
Materials
Industrials
Consumer
Discretionary
Consumer
Staples
Health Care
Financials
Information
Technology
Communication
Services
Real Estate
Utilities
Retrieved from "https://en.wikipedia.org/w/index.php?title=Emcor&oldid=1277778903"
Categories:
Hidden categories:

[8]ページ先頭

©2009-2025 Movatter.jp