Founded in 1891, MYR Group Inc. (MYRG) is a holding company that, through its subsidiaries, offers electrical construction services across the United States. MYRG is headquartered in Rolling Meadows, Illinois. Its primary operating subsidiaries include The L.E. Myers Co. and Sturgeon Electric Company, Inc., among others. These subsidiaries provide a broad range of services such as designing, installing, maintaining, and repairing energy infrastructure systems.
MYR Group operates in two main areas: Transmission and Distribution, and Commercial and Industrial. The Transmission and Distribution segment offers a full suite of services to a wide range of clients, including investor-owned utilities, cooperatives, municipalities, and private developers. In the Commercial and Industrial segment, MYRG provides large-scale electrical construction services to commercial and industrial clients, including hospitals, data centers, refineries, renewable energy facilities, and more.
In recent years, MYR Group has worked on high-profile projects, including major transmission and substation projects, and has made significant inroads in the renewable energy sector, working on solar and wind power projects.
Known for delivering leading-edge solutions and for its safety record in the industry, MYR Group places a high emphasis on employee health and safety, client satisfaction, and sustainable practices. The company is committed to executing projects efficiently, effectively, and safely while making a positive impact on the communities where they work.
MYRG is publicly listed and trades under the ticker "MYRG" on the NASDAQ Global Select Market. The extended period of infrastructure advancement and growth in renewable energy in the U.S. is supporting MYRG’s growth and expansion. With more than a century of experience, strong industry relationships, and a wide range of services offered, MYR Group Inc. is well-positioned for continued success and growth in the years to come.
In conclusion, MYR Group Inc. is a respected player in the electrical construction industry, delivering a broad range of services across different sectors. Its long-standing history, reputation for safety and efficiency, and focus on sustainable practices set it apart from its competitors. With ongoing infrastructure development and the rise of renewable energy, the future looks promising for MYR Group.