MMR Group Sees Growth from LNG and Data Center Sectors Ahead of 35th Anniversary
MMR Group Inc. has reported a 67% increase in revenue, driven by strong activity in the liquefied natural gas (LNG) and data center sectors. The Baton Rouge-based company is set to begin work on Venture Global's CP2 LNG export facility and has invested $55.2 million to enhance its prefabrication capabilities, while also launching a new utility services division and a 30-month internship program to address labor shortages. MMR anticipates continued growth in oil and gas, LNG, and data center sectors despite challenges in finding qualified labor.
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MMR Group Inc. reports significant growth driven by robust activity in the liquefied natural gas (LNG) and data center sectors, achieving a 67% increase in revenue from the previous year. The company, based in Baton Rouge, Louisiana, is set to start work on Venture Global's CP2 LNG export facility, which will have a capacity of at least 20 million tonnes per year.
MMR has invested $55.2 million to enhance its prefabrication capabilities and expanded its services with a new utility services division. MMR University has launched a 30-month internship program to address labor shortages in the industry.
Recent accolades include recognition for safety standards during upgrades at an ExxonMobil refinery. The firm anticipates continued growth in sectors such as oil and gas, LNG, and data centers, amidst ongoing challenges in finding qualified labor.
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