An electrical and mechanical construction and facility services firm, designs, integrates, installs, start-ups, operates and maintains various electrical and mechanical systems.
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It takes awhile for construction contracts to wind down.
I know about two EME companies that had strong earnings in 2008, but all their assets are currently shelved waiting for someplace to put them to work.
If new contracts materialize soon, it will still leave a billable gap in the first half of 2009.
Look for unexpectedly poor earnings for the first two quarters of 2009.