EMCOR Group acquires Southern Industrial Constructors

EMCOR Group, Inc. (NYSE: EME) today announced that it has acquired Southern Industrial Constructors, Inc. (Southern), an industrial services contractor, headquartered in Raleigh, North Carolina. Terms of the transaction were not disclosed.

Southern, with 2011 estimated revenues of approximately $90 million, is a leading industrial services company providing industrial maintenance and construction services at process and manufacturing facilities throughout the southeastern United States. Founded in 1962, Southern has strong relationships with major industrial customers in the manufacturing, automotive, pharmaceutical, power and chemical markets.

With an estimated current backlog of $36 million, Southern specializes in plant equipment installation and relocation, rigging and machinery moves, and plant maintenance. The Company’s operations are located in Raleigh, Wilmington, and Charlotte, North Carolina and Columbia, South Carolina.

Commenting on the announcement, Tony Guzzi, President and Chief Executive Officer of EMCOR Group, stated, "We are pleased that Southern has joined EMCOR. Southern has leading positions in the process plant and heavy industrial sectors and will be a valuable addition to EMCOR’s growing industrial services capabilities. We continue to add leading industrial companies as part of our strategy to offer an unparalleled level of maintenance and construction services to companies throughout the industrial sector.

John Wilson, President of Southern, said, "We are delighted to join with EMCOR, an industry leader in the maintenance, service and construction of all types of facilities across industry sectors. Southern’s long tradition of customer service to industrial customers aligns with EMCOR’s culture of providing its customers with a comprehensive suite of core facilities and construction services. We are excited about our future prospects as part of EMCOR.”