UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) October 2, 2003
EMCOR GROUP, INC.
(Exact name of registrant as specified in its charter)
Delaware 0-2315 11-2125338
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(State or other jurisdiction of (Commission File (I.R.S. Employer
incorporation or organization) Number) Identification No.)
301 Merritt Seven Corporate Park
Norwalk, Connecticut 06851
(Address of principal executive offices) (Zip code)
(Registrant's telephone number, including area code) 203-849-7800
Item 5. Other Events
On October 2, 2003, EMCOR Group, Inc. issued a press release regarding a
business alliance with Siemens Building Technologies, Inc. A copy of the press
release is attached as Exhibit 99.1.
Item 7. Financial Statements and Exhibits
(c) Exhibits.
Exhibit No. Description of Exhibit
99.1 Press Release dated October 2, 2003
EXHIBIT INDEX
Exhibit No. Description
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99.1 Press release issued by EMCOR Group, Inc.
on October 2, 2003
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, hereunto duly authorized.
EMCOR Group, Inc.
By: /s/ Frank T. MacInnis
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Frank T. MacInnis
Chairman of the Board of Directors
and Chief Executive Officer
Date: October 2, 2003
Exhibit 99.1
SIEMENS AND EMCOR FORM ALLIANCE FOR
BUILDING PERFORMANCE SOLUTIONS AND SERVICES
Customers will benefit from combined expertise and specialization
BUFFALO GROVE, IL and NORWALK, CT - October 2, 2003 - Siemens Building
Technologies, Inc., and EMCOR Facilities Services, Inc., a wholly owned
subsidiary of EMCOR Group, Inc. (NYSE: EME), have entered into a mutually
beneficial alliance that will benefit customers of both companies by providing
the industry's most comprehensive offering of building performance technologies,
solutions and services.
As part of the alliance arrangement, the parties have entered into an agreement
for EMCOR to purchase Siemens' Facilities Management Services ("FMS") business
in the United States. The Siemens FMS business provides facilities services to
single buildings and corporate campuses throughout the United States. Financial
details of the transaction were not disclosed.
EMCOR Facilities Services is a premiere supplier of mobile and on-site building
operations and maintenance services and facilities management services. EMCOR
Facilities Services currently provides services to customers in over 850 million
square feet of space worldwide.
Siemens Building Technologies provides building infrastructure solutions for
comfort, life safety, security systems and energy efficiency, optimizing both
building performance and operating cost. The company manufactures and markets
building controls, and fire protection and security systems for civic,
commercial and industrial properties, specializing in education, healthcare,
government, and high-tech manufacturing facilities, as well as campus-style
corporate complexes.
"For customers looking to outsource a broad range of facilities services, the
Siemens-EMCOR alliance will be able to bundle the best and most comprehensive
solution available," said Stan Kunka, President & Chief Executive Officer of
Siemens Building Technologies, Inc. "The alliance will pool its knowledge and
expertise in order to provide customers with improved value, increased
efficiencies and, overall better facilities performance," Kunka added.
"Customers are looking for strategic partners that can offer single source
facilities solutions," said Frank T. MacInnis, Chairman and Chief Executive
Officer of EMCOR Group, Inc. "Combining Siemens' broad range of building
technology product solutions with EMCOR's portfolio of comprehensive facilities
services creates an end-to-end building management resource for facility owners.
In addition, both organizations have strong commitments to provide complete
customer satisfaction."
Siemens and EMCOR expect the alliance to open up revenue growth for both
companies by capitalizing on each other's market presence. Siemens will be
introduced to EMCOR's customer base, and vice versa.
Kunka added, "The alliance will give Siemens the opportunity to enhance its
"Best Total Solution" capabilities by allowing the company to focus on its core
competency of providing advanced building performance technologies, while
offering its customers state-of-the-art facilities management services from
EMCOR."
"Both companies gain a stronger competitive position as a result of the
alliance," said EMCOR's MacInnis. "Together, EMCOR and Siemens will be a
powerful force in the marketplace for making buildings work for customers."
Headquartered in Buffalo Grove, Ill., Siemens Building Technologies, Inc. is one
of 14 Siemens operating companies in the United States and is a leading
single-source provider of cost-effective facility performance solutions for the
comfort, life safety, and security of some of the most technically advanced
buildings in the world. In North America, SBT employs 8,500 people and provides
local service from more than 100 locations coast-to-coast.
EMCOR Group, Inc. is a Fortune 500(R) leader in the design, installation,
operations and maintenance of mechanical and electrical systems, facilities and
mission critical services for a diverse range of businesses globally. With
annual revenues of over $4 billion, the Company has approximately 26,000
employees at over 70 operations in more than 140 locations across the United
States, Canada, the United Kingdom and selected global operations.
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For more information on Siemens Building Technologies, please visit:
www.sbt.siemens.com.
Additional information on EMCOR Group and its Facilities Services business can
be found at: www.emcorgroup.com.
This release may include "forward looking statements." These statements are
based on certain assumptions and analyses made by the Company in light of its
experience and its perception of historical trends, current conditions, expected
future developments and other factors it believes are appropriate. Such
statements are subject to a number of assumptions, risks and uncertainties,
general economic and business conditions, business opportunities that may be
presented to and pursued by the Company and other factors, many of which are
beyond the control of the Company. Actual results may differ materially from
those anticipated in the statements.