Company providing mechanical and electrical construction, industrial energy infrastructure
EMCOR Group, Inc. is an American mechanical and electrical construction, industrial and energy infrastructure, and building services company based in Norwalk, Connecticut. It comprises 100 or more operating companies, has approximately 180 locations, and employs more than 38,000 people.[3] The company was listed as number 369 on the 2023 Fortune 500 list.[4]
History
Emerging in 1994 as a result of the bankruptcy of JWP, Inc., formerly Jamaica Water Properties Inc., Emcor Group, Inc. has grown through an acquisition strategy focused on broadening company services by branching out into new geographical areas and moving into new markets.[5]
In March 2020, Emcor Group disclosed that a ransomware incident had taken down some of its IT systems on February 15, 2020. The incident was identified as an infection with Ryuk ransomware.[6] Details about the incident were not disclosed, including whether the company had paid the ransom demand or not.[6]
Acquisitions
Acquisitions have included:
- 2002, Emcor acquired the Virginia-based Consolidated Engineering Services Inc.[7]
- 2002, Emcor acquired 19 companies from Comfort Systems USA.[8]
- 2002, Emcor acquires New England Mechanical Services (NEMSI)[9]
- 2005, Emcor purchased Fluidics, Inc., a privately held mechanical services company based in Philadelphia, Pennsylvania.[10]
- 2005, Emcor acquired S.A. Comunale, Inc., a privately held fire protection and mechanical services company headquartered in Akron, Ohio.[11]
- 2007, Emcor acquired Ohmstede Ltd., the leading heat exchanger services provider in the U.S.[12]
- 2010, Emcor acquired Scalise Industries, a privately held engineering, facilities maintenance, and service company headquartered in Lawrence, Pennsylvania.[13]
- 2011, Emcor purchased Bahnson Holdings, Inc., a privately held mechanical construction services company headquartered in Winston-Salem, North Carolina.[14]
- 2013, Emcor acquired RepconStrickland, Inc., a privately held firm that included five recognized brands with capabilities encompassing turnaround and specialty services, including: shutdowns, overhauls, revamps, capital projects, engineering and constructibility reviews, project management, welding services, refractory services, tower services and emergency repair.[15]
- 2016, Emcor acquired Ardent Services, L.L.C. and Rabalais Constructors, LLC (collectively, "Ardent"), for a purchase price of $205 million in cash. Headquartered in Covington, Louisiana, and Corpus Christi, Texas, Ardent is one of the U.S. industrial and refinery electrical and instrumentation service companies. Ardent provides electrical, process control, equipment installation and automation services for the maintenance, repair, replacement and new construction of energy infrastructure.[16]
- 2016, Emcor acquired Newcomb and Company. Headquartered in Raleigh, North Carolina, Newcomb is a HVAC commercial and industrial mechanical contractor.[17]
- 2017, Emcor acquired CCI Mechanical, Based in West Valley, Utah[18]
- 2021, Emcor acquired Quebe Holdings, Inc., based in Daytion, Ohio[19]
US$12.6 billion (2023)[2]