Martin Energy Group (MEG), a leading solutions provider for generator packages, combined heat and power systems, microgrids, and anaerobic digester design and construction, announced today that it will expand in Tipton, investing $1.7 million and creating 225 new jobs.
“Martin Energy Group’s expansion is yet another example of our state’s ability to support business growth,” said Governor Mike Parson. “This leading company’s investment and job creation is a welcome result of our low costs, strong infrastructure, and skilled workforce. We congratulate Martin Energy Group on its success as it continues to grow and benefit Missourians in Tipton and beyond.”
Founded in Pennsylvania, MEG is built on a foundation of integrity and sound business principles, deeply rooted in the local community. Over the years, the company has expanded its reach internationally, with its headquarters now located in Tipton. The company’s expertise spans a broad range of industries, including greenhouses, hospitals, universities, landfills, wastewater treatment plants, agricultural facilities, mining operations, oil fields, and beyond.
“We are excited to partner with the Missouri Department of Economic Development to expand our business and create more career opportunities in central Missouri,” said Marcus Martin, CEO of Martin Energy Group. “These expansions enable us to continue production of our products here in Missouri and lead to more career opportunities in rural central Missouri.”
MEG prides itself on being a turnkey operation, with all projects designed, manufactured, and commissioned in-house. The company supplies and services the entire spectrum of power generation products, with offerings including generator sets, switchgear, gas handling skids, boilers, waste heat recovery systems, absorption chilling systems, carbon credit monitoring systems, and more.
“We’re proud to support Martin Energy Group as this significant expansion brings new, good-paying jobs to Tipton,” said Michelle Hataway, Director of the Department of Economic Development. “Employers like Martin Energy Group, through continued investment and growth, are demonstrating their commitment to communities while fulfilling our mission of helping Missourians prosper.”
New jobs added as part of MEG’s expansion will pay an average wage well above the county average.
For this expansion, Martin Energy Group will benefit from the Missouri Works program, a tool that helps companies expand and retain workers by providing access to capital through withholdings or tax credits for job creation.
About Martin Energy Group
Martin Energy Group Services, LLC has built its business and reputation on meeting the needs of its customers. The company evaluates each project and engineer solutions that meet or exceed customers’ expectations. After evaluating all the needs of the customer, Martin Energy Group presents the project to its engineering department. After the project is engineered, drawings are presented to the customer for further evaluation. With the consent of all parties involved, the company then manufactures and assembles the project in its facilities, followed by comprehensive testing prior to shipment and installation.
To learn more about Martin Energy Group, visit martinenergygroup.com.
About the Missouri Department of Economic Development
The Missouri Department of Economic Development (DED) works to create an environment that encourages economic growth by supporting Missouri’s businesses and diverse industries, strengthening our communities, developing a talented and skilled workforce, and maintaining a high quality of life. As one team built around the customer and driven by data, DED aspires to be the best economic development department in the Midwest. Through its various initiatives, DED is helping create opportunities for Missourians to prosper.
For the latest updates on DED’s current or future programs and initiatives, visit DED’s website.
About the Missouri Works Program
As the state’s number one incentive tool for expansion and retention, the Missouri Works Program helps businesses access capital through withholdings or tax credits to embark on facility expansions and create jobs. This program can also help businesses purchase equipment to maintain its facility in Missouri.