EMCOR Group Inc
) subsidiary, S.A. Comunale, was recently awarded a contract for
installation of fire protection and mechanical systems at
Northeast Ohio Medical University Health and Wellness Center in
Rootstown, Ohio, for an undisclosed amount.
With a rich experience in mechanical, fire protection &
HVAC (heating, ventilation, and air conditioning) services, S.A.
Comunale is a leading player in its category. The company
provides services in literally every market sector and facility
type and has its branch offices spread across 16 locations across
Under the terms of the agreement, S.A. Comunale will design
and install a complete fire protection system for the exterior as
well as the interior of the building spread over an area of
176,000 square feet. The company will also be responsible for the
installation and design of all related underground plumbing, HVAC
and piping systems at Ohio's new medical facility.
EMCOR has been lately winning back-to-back contracts through
its subsidiaries. A couple of days back its subsidiary, EMCOR
Government Services, procured a contract to operate and maintain
the new headquarters of Coast Guard at the Government Service
Administration's St. Elizabeth's Campus in Washington, D.C.
Last month, EMCOR's subsidiary Poole & Kent Company of
Florida also received a contract to install a reverse osmosis
water plant in Clearwater, Florida. Additionally, in May, its
subsidiary Dynalectric Company was awarded a contract to install
electrical systems at the Georgia Gwinnett College new Allied
Health and Science Building in Lawrenceville, Georgia.
The series of contract wins by EMCOR seems to have boosted
investor confidence, with its stock prices hitting new 52-week
highs over last few months. The stock hit a new high of $43.55 on
Jul 11, 2013.
This leading mechanical and electrical construction, energy
infrastructure, and facilities services provider currently
carries a Zacks #1 (Strong Buy).
Some other stocks with a similar rank as EMCOR worth adding to
the portfolio include
Chicago Bridge & Iron Company N.V.
Dycom Industries Inc
Comfort Systems USA Inc
CHICAGO BRIDGE (CBI): Free Stock Analysis
DYCOM INDS (DY): Free Stock Analysis Report
EMCOR GROUP INC (EME): Free Stock Analysis
COMFORT SYSTEMS (FIX): Free Stock Analysis
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