For EMCOR, the Building Boom Goes On

Shares of the commercial construction outfit soared Monday after it boosted its 2007 earnings outlook

Yes, some builders are still enjoying strong demand for their services -- they're just not on the residential side of the business. Riding a worldwide boom in commercial construction, EMCOR Group Inc. (EME) said on June 11 it was boosting its revenue forecast for the year by $200 million and raised its earnings outlook by 30 cents per share. The company said it sees continuing signs of strong demand patterns within many of its markets.

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