NORWALK, CONN. — EMCOR Group Inc. has been named one of “America's 400 Best Big Companies” by Forbes magazine. This is the sixth time EMCOR has been included on the annual list, published in early January.
Companies in 26 industries were chosen for the list by the magazines' editors and reporters based on benchmarks for financial growth rates and returns, corporate governance, accounting standards and background checks.
“We are honored to be named one of America's best big companies by Forbes. This designation is a true testament to the value we have created for our stockholders and to our continuing ability to perform successfully in our industry and among all the sectors in which we operate,” said Frank MacInnis, EMCOR's chairman and chief executive officer.
In 2007, EMCOR made a number of announcements including its $455 million acquisition of Ohmstede Ltd., a provider of maintenance and repair services for the refinery and petrochemical industries. The third quarter of 2007 marked the company's 49th consecutive profitable quarter, which included a contract backlog of $4.48 billion. In addition, during 2007 EMCOR made a number of new project announcements, including awards of facilities service contracts for the U.S. Air Force and Navy. The company also announced project awards in the healthcare, hospitality and entertainment, transportation, energy, pharmaceutical and financial services sectors.