Viox Services Expands To New Facility In Reading
---EMCOR Company Continues a 63-Year Record of Growth---
Cincinnati, Ohio – October 21, 2009 – Viox Services, Inc., a Cincinnati based facility maintenance, construction services, and grounds management firm, will expand its Reading headquarters with construction of a new office facility at 9655 Reading Road.
Viox Services is a subsidiary of EMCOR Group, Inc. (NYSE: EME), a Fortune 500® leader in mechanical and electrical construction, energy infrastructure and facilities services for a diverse range of businesses.
"As a company that is focused on cost reduction strategies for our customers' facility maintenance needs, we continue to foster long-term client relationships and to grow," commented Mike Viox, President of Viox Services.""This new facility will allow us to consolidate several of our groups into one building, enabling us to maintain consistent customer service and integrated facility maintenance solutions for our clients. We are pleased to expand our presence in the Reading business district, where we have operated continuously for the last 63 years."
The new office facility, which will be ready for occupancy in February 2010, will provide working space for several of Viox Services' groups, including purchasing, start-up, dispatch, operations, sales, IT, safety and human resources. Viox Services will also maintain full occupancy of its current headquarters, located at 15 West Voorhees Street, after the new facility is built. In addition, the company will maintain its 28,000 square foot operations center located on Cavett Drive in Reading.
About Viox:
Founded in 1946, Viox Services Inc. is one of the Midwest's leading facility maintenance, management and construction services firms. Its portfolio of properties includes over 51 million square feet of commercial, institutional and industrial facilities throughout the Midwest. Headquartered in Cincinnati, Ohio, Viox is a wholly owned subsidiary of EMCOR Group, Inc. (NYSE:EME), a Fortune 500? company with estimated 2009 revenues of $5.5 - $5.7 billion. A global leader in mechanical and electrical construction, energy infrastructure, and facilities services and a leading provider of critical infrastructure systems, EMCOR gives life to new structures and sustains life in existing ones by its planning, installing, operating, maintaining, and protecting the sophisticated and dynamic systems that create facility environments---such as electrical, mechanical, lighting, air conditioning, heating, security, fire protection, and power generation systems---in virtually every sector of the economy and for a diverse range of businesses, organizations and government. EMCOR represents a rare combination of broad reach with local execution, combining the strength of an industry leader with the knowledge and care of 170 locations. The 27,000 skilled employees of EMCOR have made the company, in the eyes of leading business publications, amongst the "World's Most Admired" and "Best Managed". 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 2006 Form 10-K, its Form 10-Q for the third quarter ended September 30, 2007, 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.
CONTACT:
Mava Heffler
Vice President, Marketing & Communications
203-849-7814
Bruce Ross
Bruce Ross Associates Inc.
212-768-1155
