NORWALK, Conn. - EMCOR Group Inc. has announced the results of a facilities services study, which indicates that nearly half of senior corporate and institutional executives believe that facilities services will play a strategic role in achieving 2004 goals and 42 percent say that proper management of facilities and real estate has a direct impact on shareholder value.

"Now more than ever, forward-looking businesses are seeking innovative strategies for boosting bottom-line business performance, increasing value to shareholders, improving their overall productivity and quality of operations, and better utilizing existing assets," said Frank MacInnis, chairman and CEO of EMCOR. "This first-of-its-kind study indicates that senior executives across a spectrum of industries are looking to facilities services to help meet those critical goals."

Conducted by market research firm Moskowitz/Jacobs Inc., the research study included CEOs, presidents, and CFOs, as well as senior operational management executives across a range of industries and from many of the largest companies and institutions. There were 450 respondents from industries that included financial services, health care, higher education, manufacturing, energy and utilities, hotels/hospitality, retail, manufacturing, pharmaceuticals, transportation, and construction/real estate.