Mullen hopeful for 2017

OKOTOKS, AB – Mullen Group CEO Murray Mullen is “happy to close the books” on 2016, and predicting a return to growth after two years of steady declines.

“It’s a year that was defined by the meltdown in the oil and gas prices in the early part of the year, which really took its toll,” he said of 2016, in a conference call with analysts. “At Mullen we witnessed the carnage first hand, seeing our revenue and profitability decline significantly as demand collapsed. We oversaw the loss of over 550 good hardworking people in 2016 and over 1,500 since 2015, and that’s through no fault of their own.” …Read the rest of this story

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