Emcor Group, Capitol Technology Services form joint venture for Navy contract

Date : 04/08/2008 @ 7:55AM
Source : TFN
Stock : Emcor Group (EME)
Quote : 32.21  -2.42 (-6.99%) @ 5:36PM
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Emcor Group, Capitol Technology Services form joint venture for Navy contract

        NEW YORK (Thomson Financial) - Emcor Group Inc. Tuesday said its government
services business has formed CFS-Millington, a joint venture with Capitol
Technology Services Inc., to perform a 10-year, $89 million contract for the
U.S. Navy.
    Under the terms of the contract, the joint venture will perform facility
operations and maintenance services for the Navy's support activity mid-south
facility in Millington, Tenn.
    Emcor shares closed at $23.62 on Monday.
Christie Rizk
cr/jw

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