EMCOR Group entered into a new five-year, $275 million revolving credit agreement with banks led by Harris Trust and Savings Bank. The new agreement allows EMCOR to incur up to an additional $200 million of long-term debt to be used for working capitol and possible acquisitions. It replaces the company's $150 million, three-year credit facility that would have expired June 2003.
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For plumbers in Flint, Mich., “it’s been a heck of a year,” said Harold T. Harrington, a master plumber and pipefitter working as the business manager for Flint’s United Association of Plumbers and Pipefitters, Local 370. Read more stories in 2017 March Issue.