Construction news

• Countryside closes offsite factory

  21-07-2022 19:18 via constructionenquirer.com
  
  Countryside Partnerships is closing one of its three MMC factories at Bardon in the East Midlands.
  The move is part of an ongoing rethink of the house builder’s offsite strategy.
  Earlier this year Countryside confirmed a review of its offsite operations which had left the firm with excess capacity and forecast operating losses of £10m this year.A trading statement today said: “Following a review of the group’s manufacturing facilities, the board has taken the decision to
  
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• Former owner buys Woodmace out of administration

  21-07-2022 15:13 via constructionenquirer.com
  
  Civils, groundworks and concrete frame specialist Woodmace has been bought out of administration by its founder and former owner John Oak.
  Woodmace went into administration on Wednesday following a cash flow crisis.
  Administrator Begbies Traynor then oversaw the acquisition of the assets and trade of Woodmace Ltd and Woodmace Plant Ltd by Oak via his company Woodmace Concrete Structures Ltd.The move has saved 150 jobs and enabled work to resume at a range of developments across southern England
  
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• Skanska UK construction profit trebles to £73m

  21-07-2022 09:18 via constructionenquirer.com
  
  Skanska’s UK construction business saw pre-tax profit more than treble to £73m, helped by a £29m gain from the sale of its infrastructure services arm last year.
  Even from continuing business alone, Skanska UK booked a pre-tax profit of £34m in 2021, up from £12m previously on stable revenue of  £1.1bn.
  It also confirmed operating margins had been restored to a targetted 3%.Skanska closed 2021 with £1.3bn of orders, supported by £520m of cash
  
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• Brightest young construction minds wanted for new think tank

  21-07-2022 08:21 via constructionenquirer.com
  
  The brightest young minds in construction are being invited to join the Future Innovation Group to tackle the industry’s biggest issues and create a springboard for change.
  Some of construction’s biggest names are backing the group which is looking to generate “new thinking from the leaders of tomorrow.”
  Backers include Morgan Sindall, Pagabo, Pick Everard, Wates, ISG and Faithful+Gould and the group is led by a steering group of placement students but is open to young pe
  
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• Plans in for next two buildings at Manchester NOMA

  21-07-2022 08:20 via constructionenquirer.com
  
  Plans for two pioneering office buildings totalling 440,000 sq ft at Manchester’s NOMA site have gone in for planning.
  Developer MEPC aims to set a new city benchmark for sustainability, wellbeing and smart connectivity with the next phase of its northern gateway regeneration scheme.
  The planned buildings, 2 and 3 Angel Square, have been designed by architect Cartwright Pickard and will complement the landmark 1 Angel Square, and 4 Angel Square, which is due to be completed in early 2023.P
  
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• Sisk to start £100m York Central infrastructure

  21-07-2022 08:00 via constructionenquirer.com
  
  John Sisk and Son has got the final all-clear to start over £100m of critical infrastructure works at the planned York Central regeneration site.
  Work is expected to begin imminently helping to unlock the city-centre brownfield site, which has been stalled for more than forty years.
  York Central is one of the UK’s largest regeneration sites. Situated at the heart of the city adjacent to York Station, the 45 hectare site will eventually be transformed into a distinctive mixed-use neig
  
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