Renton, Wash. — June 23
Despite the still-sluggish U.S. economy, The Mosaic Co., a consulting and training provider for the energy and utility industry, experienced 30 percent growth in revenues during the first quarter of 2011 compared to the same period in 2010.
The company forecasts the trend will continue throughout 2011 and expects the uptick to result in as much as 40 percent growth in its workforce to meet project demands.
CEO Megan Deans attributes the growth to several key trends. First, the energy and utility industries are reinvesting in their workforce as their business recovers from the economic challenges of the past few years. Secondly, utility and energy companies have found outsourcing custom training design and development as well as training delivery to be cost effective.
Source: The Mosaic CompanyFiled under: Performance Management