Conservation Services Group Kicks Off Silver Anniversary With Job Growth, Geographic Expansion

WESTBOROUGH, MA--(Marketwire - March 18, 2009) - Ewire -- Conservation Services Group (CSG) today announced an average annual job growth of 27 percent, expansion to 22 states and the procurement of $100 million in new contracts to launch its 25th anniversary year. The Mass.-based company is bucking the current economic trend, due to a burgeoning demand for energy efficiency programs nationwide, according to CEO Stephen L. Cowell.

CSG started out in 1984 with one office in Boston. Today, the energy services firm has 14 locations and 400 employees nationwide. CSG's revenues have increased 77 percent, from $35 million to $62 million since 2005. Over the same four-year period, jobs grew 111 percent, from 180 to 381 employees nationwide. Revenues are expected to top $80 million in 2009. Comprising the design and delivery of energy efficiency programs, new contracts range from a residential home energy improvement program in the Carolinas, to energy efficient heating, ventilation and air conditioning (HVAC) programs in Southern California.

Massachusetts Secretary of Energy and Environmental Affairs, Ian Bowles, said, "For a quarter of a century, CSG has helped individuals and businesses save money on energy and reduce greenhouse gas emissions. This Massachusetts-based company did it before climate change became a global environmental imperative and before energy efficiency became a top national and state priority. Governor Patrick and I are proud of CSG's example of how the Commonwealth's leadership in energy efficiency can bring jobs and economic development to the state."

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Contact Information: CONTACT: Lisa Rinkus LJPR 1-617-965-9847 WEB SITE: http://www.csgrp.com