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Comstock Canada Recognized For Exemplary Job Safety Performance Record
-- EMCOR Company Honored For Second Consecutive Year With One Of The Construction Industry's Most Prestigious Safety Awards --
HAMILTON, ONTARIO - February 16, 2009 - Comstock Canada has been named the recipient of the Hamilton-Halton Construction Association Safety Award, one of the most prestigious safety awards in the Construction Industry. This is the second consecutive year that Comstock has received the award---the fourth time in the past six years. Comstock received a "Category 1" Award, recognizing the Company for a safety record that was in excess of half a million hours.
A subsidiary of EMCOR Group, Inc., a Fortune 500® leader in mechanical and electrical construction, energy infrastructure and facilities services for a diverse range of businesses, Comstock Canada has played a pivotal role in Canada's development for over 100 years. During that time, Comstock has provided total mechanical and electrical services for commercial and institutional buildings, refineries, steel mills, mines, pulp and paper mills, oil and natural gas transmission, nuclear, fossil and hydro-electric power generation, high-voltage underground power transmission, automotive, petrochemical and water and wastewater treatment infrastructure.
The Hamilton-Halton Construction Association (HHCA) is a non-profit organization serving over 420 members (builders and related professionals) actively engaged in the Industrial, Commercial and Institutional (ICI) Construction Industry within the Hamilton and Halton areas. Its annual safety award is presented based on three criteria:
1) Safety Performance Excellence.
2) External Audit Results (Construction Safety Association of Ontario).
3) Safety Involvement and Leadership in the Community.
"At Comstock and within the entire EMCOR organization we are passionate about the safety of our workers and their safe return home from work every day; we have made a commitment to the goal of achieving zero accidents and won't be satisfied until we've met that goal," said Geoffrey Birkbeck, Chief Executive Officer of Comstock. "We are extremely gratified to be recognized for these efforts, and we thank our employees for their dedication and continued support of our critical safety programs."
Comstock's commitment to safety is part of a multi-tiered, integrated approach that includes a "Zero Accident Program" as well as a host of supporting initiatives such as the "Be There For Life" program. This EMCOR effort is designed to educate employees and their families about the importance of safety through use of workplace posters, in company newsletters, mailings, and a number of other creative tactics intended to reach employees and their families. EMCOR also conducts regional "Target Zero" safety conferences, bringing together industry experts from its operating companies and partners to share information and successful strategies.
"We are extremely proud of our industry leading safety record," noted Mr. Birkbeck. "But with safety, we can never be satisfied or complacent. Our efforts on behalf of our employees will remain a key focus and we will always strive for continuous improvement."
About Comstock Canada Ltd.
Comstock Canada provides total mechanical and electrical services for commercial and institutional buildings, refineries, steel mills, mines, pulp and paper mills, oil and natural gas transmission, nuclear, fossil and hydro-electric power generation, high-voltage underground power transmission, automotive, petrochemical and water and wastewater treatment infrastructure. The company's capabilities range from the performance of straight forward electrical and mechanical contracts to the planning, directing and executing of multi-trade, multi-million dollar projects delivered to the industrial, commercial and institutional sectors. Having played a pivotal role in Canada's development for 100 years, Comstock Canada, headquartered in Burlington, ON, is a wholly owned subsidiary of EMCOR Group, Inc. (NYSE: EME), a Fortune 500â company with estimated 2008 revenues of $6.8 - $7.0 billion. 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 reach with local execution, combining the strength of an industry leader with the knowledge and care of 170 locations worldwide. The 30,000 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, its Form 10-Q for the third quarter ended September 30, 2008, 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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FOR: COMSTOCK CANADA
CONTACT:
Mava Heffler
Vice President, Marketing & Communications
203-849-7814
Bruce Ross Associates
Media: Bruce Ross
212-768-1155
