MYR Group benefits from record order backlog in power grid expansion!
Reading Time: 3 minutes
The MYR Group is a specialized construction company focused on the building and maintenance of power grids, as well as commercial and industrial electrical installations in the USA and Canada. Its customer base primarily consists of utility companies and private renewable energy developers that enter into long-term contracts for infrastructure development. The acquisition of Valley Holdings for $328 million strengthens the commercial and industrial segment. Q1 impressed with an EPS doubling and a record order backlog of $2.84 billion. The...
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