NORWALK, Conn. — Emcor Group Inc. has received a $35 million contract for maintaining the Seminole Electric Cooperative generating station outside of Palatka, Fla., the industrial construction company said Thursday.
Under, the five-year contract, PPM, an Emcor subsidiary, will provide year-round maintenance and construction services at the generating station, which operates two 650-megawatt coal-fired boilers, and other services. PPM will also provide maintenance services at a gypsum processing facility that operates 24 hours a day, 7 days a week, and is associated with the generating station.
PPM has performed work at the Seminole Electric Cooperative for eight years, during which time it put in 2.5 million man hours, Emcor said.
Shares of Emcor fell 2 cents to $29.52 during midday trading.