Heir to EMCOR CEO Talks About Bid Wars, Acquisitions
Despite a recession that has deeply affected the bottom line of many of the country’s strongest construction firms, specialty contracting giant EMCOR Group, Norwalk, Conn., still managed a monster year in 2009, reporting $5.5 billion in worldwide revenue. As EMCOR finds its way forward in a still-uncertain market, however, they will be doing it without current CEO Frank MacInnis, who announced earlier this year he will retire at the beginning of 2011 after a successful 16-year run that saw the company expand across the U.S. and grow by nearly $4 billion.
Replacing MacInnis will be Tony Guzzi, the firm’s president and chief operating officer, who currently oversees EMCOR’s day-to-day operations. Guzzi recently talked to ENR editors from around the country and answered questions about EMCOR’s continued success, its acquisition strategy and its plans for additional growth.