Expert Electrical And Low Voltage Contracting Since 1934.

News

EMCOR Group, Inc. Announces Acquisition of Gaston Electrical Co., LLC

Acquisition Strengthens and Broadens Offerings in the Greater Boston Area

August 09, 2022

NORWALK, Conn.–(BUSINESS WIRE)–EMCOR Group, Inc. (NYSE: EME) today announced that it has acquired Gaston Electrical Co., LLC (“Gaston,” formerly Gaston Electric Co., Inc.) a leading full service electrical construction contractor headquartered in Norwood, MA. Terms of the transaction were not disclosed.

Founded in 1934, Gaston is a leading full service electrical construction and low voltage contractor in the Greater Boston area. Gaston designs, installs, constructs, and maintains the electrical and low voltage systems in a wide variety of projects, including hospitals, laboratories, and life sciences facilities as well as data centers, universities, sports arenas, large-scale residential, and commercial office buildings. With 2022 estimated revenues of approximately $140 million and remaining unsatisfied performance obligations of approximately $120 million, Gaston will further strengthen EMCOR’s specialty construction services operations in the Greater Boston area.

Dan Fitzgibbons, President and CEO of EMCOR’s Electrical Construction Services Segment commented, “We are pleased to expand our footprint in the Northeast with the addition of the Gaston team. This group brings important capability and expertise in servicing many of EMCOR’s core end markets, including life sciences facilities and data centers. With one of the most experienced executive and field management teams in the electrical construction industry, Gaston will further broaden and enhance the service offerings EMCOR provides to its customers in the Greater Boston area.”

“We are delighted to join EMCOR, a company that has the same culture and commitment to excellence that we do.

Bill Weber, CEO of Gaston

 

Mike Weber, President of Gaston, noted, “EMCOR’s core values of safety, integrity, transparency, trust, mutual respect, discipline, and teamwork are lived by the Gaston team every day. We are excited about our future prospects as a part of EMCOR.”

EMCOR Group, Inc. is a Fortune 500 leader in mechanical and electrical construction services, industrial and energy infrastructure and building services. This press release and other press releases may be viewed at the Company’s website at www.emcorgroup.com. EMCOR routinely posts information that may be important to investors in the “Investor Relations” section of our website at www.emcorgroup.com. Investors and potential investors are encouraged to consult the EMCOR website regularly for important information about EMCOR.

Forward Looking Statements:

This release contains certain forward-looking statements. Any such comments speak only as of August 9, 2022 and EMCOR assumes no obligation to update any such forward-looking statements, unless required by law. These forward-looking statements may include statements regarding anticipated future operating and financial performance, including financial guidance and projections underlying that guidance; the nature and impact of our remaining performance obligations; our ability to pursue and successfully integrate acquisitions; our ability to return capital to shareholders; market opportunities; market growth prospects; customer trends; and our ability to maintain a strong safety record. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those anticipated (whether expressly or implied) by the forward-looking statements. Accordingly, these statements do not guarantee future performance or events. Applicable risks and uncertainties include, but are not limited to, adverse effects of general economic conditions; changes in interest rates; domestic and international political developments; changes in the specific markets for EMCOR’s services; adverse business conditions, including labor market tightness, productivity challenges, the nature and extent of supply chain disruptions impacting availability and pricing of materials, and inflationary trends more generally, including fluctuations in energy costs; the availability of adequate levels of surety bonding; increased competition; unfavorable developments in the mix of our business; and the continuing impact of the COVID-19 pandemic, including the nature, extent, and impact of future variant surges, as well as other health emergencies, and government orders and mandates related thereto, on our revenue and operations. Certain of the risk factors associated with EMCOR’s business are also discussed in Part I, Item 1A “Risk Factors,” of the Company’s 2021 Form 10-K, and in other reports filed from time to time with the Securities and Exchange Commission and available at www.sec.gov and www.emcorgroup.com. Such risk factors should be taken into account in evaluating any forward-looking statements.

Contacts

EMCOR Group, Inc. 
R. Kevin Matz
Executive Vice President
Shared Services
(203) 849-7938

FTI Consulting, Inc.
Investors: Blake Mueller
(718) 578-3706

Our new “Spotlight ON” feature kicks off with Journeywoman Heather MacMaster

SpotlightON_MacMaster-1500x1500.jpg

Thank you for visiting our new “Spotlight ON” feature where we will be speaking with members of the Gaston Team and asking them questions about their careers, backgrounds, and interests.

We’re kicking off this new series with Journeywoman Heather MacMaster. At the time of this post, Heather is working at the Boston University Center for Computing and Data Sciences Building.

How long have you been an Electrician?

Nearly 20 years.

Tell me how things have changed regarding Women on jobsites over your 20 years?

I went from being one of the only females onsite to being one of five on my current job. Females currently make up 10% of construction in Mass and are more accepted on jobsites.

I know you started a Facebook Group recently with some friends. What’s the name of it?

 It is called Boston Union Trade Sisters.

How did you start this group?

During the pandemic last year, I was talking to an old friend from another Local about the idea of starting a Facebook Group for all Women in the trades. It started with 5 Women and has grown to almost 700 in one year. 

Why did you start this group?

We wanted to create a safe space for Women in the trades to network, get advice on work-related issues and personal matters, and build a community of strong, confident females working in the construction field.

What has surprised you about this group of Women?

Seeing the amount of support people receive from strangers. It’s an uplifting group of Women; we really feel like sisters.

I understand you hold events throughout the year. What kind of events has your group hosted?

We’ve held bowling nights, self-defense class, cookouts, dance lessons, a double-dutch tournament – and soon we’re hosting our first Gala.

Can you talk more about the Gala? Tell me about the inspiration for this event and what should people expect if they attend?

The Facebook Group founders wanted to celebrate everything we’ve accomplished this past year. The Gala takes place on April 2nd in Quincy. We’ve already sold out and expect nearly 300 people. We’re going to have female speakers talking about the importance of Women in construction as well as dinner, dancing, and raffles to raise funds for the group and community.

What can we expect to see from Boston Union Trade Sisters in the future?

We’re hoping to grow, offer more continuing education for Women, and inspire other cities/states to create their own community of Tradeswomen.

Mike Weber speaks with The Boston Business Journal on the rise of Office-To-Lab Conversions

Recently, Mike Weber spoke with Catherine Carlock of the Boston Business Journal regarding the rise in Office-To-Lab Conversions within the Boston/Cambridge Construction Market. This cover story also featured Steve Lynch of King Street Properties and Bob Coughlin of JLL Boston.

Due to increased life science tenant demand, many building owners are making the jump to lab space in submarkets that were not historically known as lab hotspots – including Kenmore Square, Fort Point, Allston, and Watertown.

Additionally, an office-to-lab conversion requires significant planning, budget considerations, and a review of building infrastructures to be sure that a conversation is feasible.

From the article:

“Labs require redundant power sources, sophisticated HVAC and mechanical systems and higher floor-to-floor ceiling heights than a standard offices, which can make it difficult to convert an older building,” said Mike Weber, a principal at Gaston Electrical in Norwood. It’s also common for biotech tenants to rapidly grow in their physical space needs once they have a commercial product, or receive FDA approval for their work. 

“We’ve done a job for a customer in a 10,000-square-foot lab area, and two years later, we’re doing 200,000 square feet,” Weber said. 

Boston Business Journal / October 1, 2021

labspace.jpg

To read the entire article. please click here. And to learn more about our recent Life Sciences Projects, visit our portfolio page here.

Gaston Adds Scott Hall As Low Voltage Division Manager

We’re excited to announce that Scott Hall has joined the team as Low Voltage Division Manager. Scott will be reporting directly to Mike Weber, Gaston Principal as the company continues to expand services across the Greater Boston region. 

In his new role, Scott will develop and lead growth strategies for the Low Voltage Division – fostering new industry relationships and partnerships, while ensuring the success of existing accounts and clients. His addition to the team represents the ongoing growth and depth within Gaston’s Senior Leadership Team, and goal to become the preferred electrical and low voltage service provider in the region.

“Technology is playing an ever-increasing role in today’s built environment. From tenant connectivity requirements to building security, and the internet of things – buildings are smarter than ever before,” commented Mike Weber. “As we expand and strengthen our services, we’re assembling the most-talented professionals in the market who operate at the leading-edge of their respective disciplines. Scott has just the right mix of industry and product knowledge, management background, and proven sales success to deliver tailored solutions for our clients and end-users.”

ScottHall_GastonHeadshots-1500x1500.jpg

Hall brings over 15 years of professional experience to his role, having worked for top telecommunication and distribution companies during his career. Most recently, he led a regional sales team, where he developed Master Sales Agreements with large end-user clients in the healthcare, broadcasting, and high-tech sectors.

“Having come from the distribution side of the telecommunication business, I’m excited to bring my industry knowledge and relationship network to complement and grow Gaston’s busy Low Voltage Division,” said Hall. “I look forward to working with my talented Team members as we expand Gaston’s footprint in the Greater Boston market.”    

NECA “Innovation Overload” Podcast / Bill Weber Discusses Construction Innovation, Company Culture, and Continuous Improvement at Gaston Electrical

Recently, Gaston Principal Bill Weber joined NECA “Innovation Overload” Podcast hosts Amanda Harbison and Tauhira Ali for a discussion coving topics such as construction innovation, best practices for coordination, the importance of peer groups, and building company culture within the Electrical Industry.

Listen to the full podcast by clicking here.

You can find previous installments of NECA podcasts here.

Gaston_WebsiteImages_Square_NewsPosts_InnovationOverload-1500x1280.jpg

Mike Weber chats with Joe Kelly of the Mass Construction Show Podcast covering Construction Marketing, Prefabrication, Efficiency, and Continuous Improvement

Recently, Gaston Principal Mike Weber sat down with Joe Kelly of the Mass Construction Show Podcast to talk about Construction Marketing, Prefabrication, Efficiency, and Continuous Improvement (among other topics). In this return visit, Mike and Joe take a deep dive into construction trends, leading/emerging technologies, LEAN construction, and the importance of relationship-building in the construction industry.

Check out the full podcast video here:

Completion Of Expansion Adds Exciting New Office And Meeting Space

New Year – New Space. The Gaston home office at 85 Morse Street in Norwood has always been a dynamic and bustling space. Those who have visited in the past will remember that the front area has been occupied by all of our support teams, while the rear of the building was home to our Warehouse and busy Prefabrication Shop.

20200820_161535_crop-1024x1024.jpg

This past year, Warehouse and Prefab Teams made an exciting move into approximately 15,000 square feet of new (larger and more functional) space just across the road – leaving awesome possibilities for the vacated space.

Fortunately, years of hard work have led to growth in Gaston’s capabilities, field manpower, and office employee headcount. To support this continued growth, a plan was made to transform the vacant space into new offices and conference rooms that would blend seamlessly with the existing space in front.

20201006_124414_crop-1024x1024.jpg

New office spaces for Project Managers, Operations, and Project Coordination were designed along with three new conference rooms – including Gillette Stadium, Conte Forum, and Alumni Stadium.

While all companies were adjusting to the new reality of Covid-19, planning continued to move forward and take shape. Construction progressed smoothly and safely throughout the process – with team members moving into their new spaces during the holidays.

20201014_103335_crop-1024x1024.jpg

Construction progress shots are placed throughout this post – with the final photo below showing our newly-installed graphics on the glass of the Alumni Stadium Conference Room – featuring our Core Purpose and Core Values.

20201014_103335_crop-1024x1024.jpg

We look forward to a time in the future when all of our friends and clients can stop in for an in-person visit. Until then, be safe – and Happy New Year!

Journeyman John “Coco” Cocorochio Named Safe Employee Of The Month As Part Of The Gaston Safety Recognition Program

We’re excited to announce that John “Coco” Cocorochio was recently named Safe Employee of the Month as part of the Gaston Safety Recognition Program.

Coco was recognized for his commitment to safe work practices on the jobsite – and rewarded with a $150 Visa Gift Card.

Safety Director Rick Coakley was on hand at one of our ongoing tenant fitup projects in Boston’s Financial District to present Coco with his prize – photo below.

Gaston-Electrical_SocialMedia_SafetyRecognition_Coco-1500x1500.jpg

To learn more about Gaston’s Commitment to Safety, please visit the Safety page of our website by clicking here.

BU Myles Standish Hall Renovation Project Receives 2020 Boston Preservation Alliance Award

In Mid-October, the Boston University Myles Standish Hall Renovation Project was recognized by the Boston Preservation Alliance with a 2020 Preservation Achievement Award.

In this 14-month, multi-phase renovation, Gaston Team members including Jake G., Ron P., Mike R., Adam S. and Crew worked alongside General Contractor Shawmut Design & Construction (and other project partners) to provide a complete overhaul of this iconic Kenmore Square Building.

To learn more about the Myles Standish Hall project, please visit the Boston Preservation Alliance page by clicking here.

Below are some photos of the Project and Team throughout the renovation process.

Gaston-Electrical_SocialMedia_BUMylesStandish-1500x1500.jpg

Gaston-Electrical_SocialMedia_BU_MylesStandish-1500x750.jpg

Gaston-Electrical_SocialMedia_BUMylesStandish_Award-1500x1500.jpg

Gaston-Electrical_SocialMedia_SafetyWeek_Day3_BU_MylesStandish-1500x750.jpg