NORWALK, CONN. — EMCOR Group Inc. announced a number of recent recognitions, all of which underscore the company’s growth and position in its industry.
EMCOR was recently named No. 370 in the Fortune 500’s 2008 annual ranking of America’s largest corporations, which is a significant increase from the company’s ranking of No. 407 in 2007. The Fortune 500 list evaluates companies according to revenues, profits, assets, stakeholders’ equity, market value, earnings per share and total return to investors. As an assessment of its ability to create long-term value, EMCOR was also included in three of the Top 20 rankings, including growth in profits for 5 years, growth in profits for 10 years, and total return to shareholders for more than 10 years.
EMCOR was also named No. 71 in the Barron’s 500 annual ranking for 2008, a significant increase from the Company’s No. 151 ranking in 2007. Barron’s 500 is a list of the largest companies, by sales, in the U.S. and Canada that trade on the U.S. stock exchanges, weighted, based on cash-flow-based return on investment and 2008 sales growth. Full information is available in the May 11, 2009, edition.
"It’s an honor to be recognized by Fortune and Barron’s and these other organizations,” said Frank T. MacInnis, chairman and CEO of EMCOR. "With 2008 being the most successful year in the company’s history, it’s with my deepest appreciation that I thank and commend the thousands of dedicated and hardworking employees of EMCOR that made this possible. In these challenging economic times, we take great pride in the value that EMCOR has created and will continue to provide for our shareholders and clients.”
EMCOR also made the 2009 Global Outsourcing 100 for the fourth year in a row. The IAOP Global Outsourcing 100 is an annual ranking that highlights the world’s best outsourcing service providers and top outsourcing advisors. Full information is available at www.outsourcingprofessional.org.
EMCOR was also named one of the Top Green 50 Sourcing Vendors by Black Book Research. The largest of its kind, the annual vendor study by Brown-Wilson Group and The Black Book of Outsourcing explores how new global economic dimensions are impacting the growth of the sustainability technology sector.
The 2009 Green study explores new trends that are impacting outsourcing management and delves into factors such as how economic conditions contribute to making the most environmentally-friendly suppliers, both offshore and onshore. A full copy of the report is available at: TheBlackBookOfOutsourcing.com.
Over the past year EMCOR has continued its leadership in delivering innovative mechanical and electrical construction, energy infrastructure, and facilities services solutions across a diverse range of projects for companies, organizations and government entities.