EMCOR Group is a company based in Norwalk, Connecticut, USA. Listed on the Fortune 500, EMCOR provides mechanical and electrical construction, industrial and energy infrastructure and facilities services to commercial, industrial, utility and institutional customers. EMCOR comprises 80 or more operating companies, has approximately 170 locations and employs more than 33,000 people. The company was listed as number 375 on the 2018 Fortune 500 list.
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. In February 2020, EMCOR Group disclosed a ransomware incident that took down some of its IT systems. The incident was identified as an infection with the Ryuk ransomware strain.
Acquisitions
Acquisitions have been as follows:
2002, EMCOR acquired the Virginia-based Consolidated Engineering Services Inc.
2005, EMCOR purchased Fluidics, Inc., a privately held mechanical services company based in Philadelphia, Pennsylvania.
2005, EMCOR acquired S.A. Comunale, Inc., a privately held fire protection and mechanical services company headquartered in Akron, Ohio.
2007, EMCOR acquired Ohmstede Ltd., the leading heat exchanger services provider in the U.S.
2010, EMCOR acquired Scalise Industries, a privately held engineering, facilities maintenance, and service company headquartered in Lawrence, Pennsylvania.
2011, EMCOR purchased Bahnson Holdings, Inc., a privately held mechanical construction services company headquartered in Winston-Salem, North Carolina.
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.
2016, EMCOR acquired Ardent Services, L.L.C. and Rabalais Constructors, LLC, 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.
2016, EMCOR acquired Newcomb and Company. Headquartered in Raleigh, North Carolina, Newcombe is a HVAC commercial and industrial mechanical contractor.