We are a holding company of specialty electrical construction service providers
that was established in 1995 through the merger of long-standing specialty contractors.
Through our subsidiaries, we have served the electric utility infrastructure
markets since 1891. Our operations are currently conducted through wholly-owned
subsidiaries, including: The L. E. Myers Co.; Harlan Electric Company; Hawkeye
Construction, Inc.; Great Southwestern Construction, Inc.; Sturgeon Electric
Company, Inc.; MYR Transmission Services, Inc.; MYR Group Construction Canada,
Ltd.; MYR Transmission Services Canada, Ltd.; and Northern Transmission Services,
Ltd. We provide electrical construction services, and limited gas construction
services, through a network of local offices located throughout the United States
and Canada. We provide a broad range of services, which includes design, engineering,
procurement, construction, upgrade, maintenance and repair services, with a
particular focus on construction, maintenance and repair.
Our principal executive offices are located at 1701 Golf Road, Suite 3-1012,
Rolling Meadows, Illinois 60008-4210. The telephone number of our principal
executive offices is (847) 290-1891.
We are a leading specialty contractor serving the electrical infrastructure
market in the United States. We manage and report our operations through two
industry segments: Transmission and Distribution (“T&D”) and
Commercial and Industrial (“C&I”) electrical contracting services.
Transmission and Distribution segment. We have operated in the T&D industry
since 1891. We are one of the largest U.S. contractors servicing the T&D
sector of the electric utility industry. We provide a broad range of services
on electric transmission and distribution networks and substation facilities,
which include design, engineering, procurement, construction, upgrade, maintenance
and repair services, with a particular focus on construction, maintenance and
repair, to customers in the electric utility and the renewable energy industries
throughout the United States and Canada. Our T&D services include the construction
and maintenance of high voltage transmission lines, substations and lower voltage
underground and overhead distribution systems. We also provide storm restoration
services in response to hurricane, ice or other storm related damage.
In our T&D segment, we generally serve the electric utility industry as
a prime contractor, either through traditional design-bid-build or engineering,
procurement and construction (“EPC”) forms of project delivery.
Our T&D customers include electric utilities, cooperatives, government-funded
utilities and private developers. We have long-standing relationships with many
of our T&D customers who rely on us to construct and maintain reliable electric
and other utility infrastructure. We provide many services to our customers
under multi-year master service agreements (“MSAs”) and other variable-term
service agreements. We generally focus on improving our profitability by selecting
projects we believe will provide attractive margins, actively monitoring the
costs of completing our projects, holding customers accountable for costs related
to changes to contract specifications, and rewarding our employees for keeping
costs under budget.
Commercial and Industrial segment. We have provided electrical contracting services
for C&I construction in the western United States since 1912. Our C&I
segment provides services such as the design, installation, maintenance and
repair of commercial and industrial wiring, installation of traffic networks
and the installation of bridge, roadway and tunnel lighting. Our C&I operations
are primarily in the western United States where we have sufficient scale to
deploy the level of resources necessary to achieve significant market share.
We concentrate our efforts on projects where our technical and project management
expertise are critical to successful and timely execution. Typical C&I contracts
cover electrical contracting services for airports, hospitals, data centers,
hotels, stadiums, convention centers, manufacturing plants, processing facilities,
waste-water treatment facilities, mining facilities and transportation control
and management systems.
In our C&I segment, we generally provide our electric construction and maintenance
services as a subcontractor to general contractors in the C&I industry,
but also contract directly with facility owners. We have a diverse customer
base with many long-standing relationships.
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