EMCOR withdraws from construction projects
EMCOR Group is withdrawing from the construction market to focus on facilities-management services. The company will complete its current construction projects, supporting these customers over the coming months to ensure a smooth transition, but will not seek to secure new construction services projects. Conditions in the construction market in the UK and customers’ changing requirements led to EMCOR deciding to focus in areas where it can more fully leverage its knowledge and strength to positively impact customers’ businesses.
Keith Chanter, CEO in the UK, ‘said, ‘Our strategy for the last five years has been to focus on long-term collaborative customer relationships and to ensure the alignment of our business with our customers’ needs in order to maintain a profitable, sustainable business. Today sees a key milestone in this strategic process, with our withdrawal from the construction market.’
Specialist technical services for facilities-services customers include refits, refurbishments, fire and security systems, data centres and communications — as well as a full range of hard and soft facilities-management services.