Construction news

• McLaren looks to “supercharge” southern region

  01-11-2022 12:47 via constructionenquirer.com
  McLaren Construction has appointed a new managing director at its southern region as it looks to “supercharge” the division.
  Matthew Cova joined McLaren this week from Kent based contractor Claritas where he has been MD for the last two years.
  Prior to that Cova was managing director of Kier’s national major projects division following 28 years at Skanska latterly as Operations Director.At Skanska Cova worked with McLaren’s new group managing director Paul Heather on key
  
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• Administrators take control at Jehu Group

  01-11-2022 09:40 via constructionenquirer.com
  Administrators from Begbies Traynor are now officially in charge of Welsh contractor and developer Jehu Group.
  The firm ceased trading last week with the loss of 104 jobs.
  Huw Powell, Katrina Orum and Paul Wood have now been appointed joint administrators with associated companies Jehu Civils Limited, Waterstone Estates Limited and Abode Waterstone Limited set to enter Creditors’ Voluntary Liquidation shortly.Begbies Traynor has set up an information page for suppliers owed money by the gr
  
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• Insulation giant looks to power factory with hydrogen

  01-11-2022 09:10 via constructionenquirer.com
  ROCKWOOL is looking at the possibility of switching power during its manufacturing process from gas to green hydrogen.
  The insulation giant has linked-up with Marubeni Europower and Mott MacDonald to develop a potential end-to-end hydrogen solution at its South Wales plant in Bridgend.
  The research is being funded by the Net Zero Innovation Portfolio (NZIP) under the Department of Business, Energy and Industrial Strategy through the Industrial Hydrogen Accelerator programme.The current process f
  
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• Contractors push-back on steel price hikes as demand softens

  01-11-2022 09:10 via constructionenquirer.com
  Leading cost consultant Turner & Townsend said there is early evidence emerging that points to an easing in rampant tender price inflation pressure.
  While material costs may remain elevated because of growing energy costs, increased production costs are now less likely to be successfully passed through the supply chain, says the firm in its latest tender price forecast.
  T&T said push-back from contractors had been seen in the face of recent British Steel hikes, with increased pricing not
  
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• Client fights for survival at £300m ISG gigaplant

  01-11-2022 08:23 via constructionenquirer.com
  UK car battery firm Britishvolt is fighting for financial survival amid fears it could run out of money.
  The company is developing a £300m car battery plant in Northumberland where main contractor ISG paused construction work in August.
  Britishvolt has been backed with £100m in government funding for the project through its Automotive Transformation Fund.But the money is not coming through quick enough for the company and the BBC reported that Britishvolt had pleas for a £30m a
  
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• Lendlease Construction delivers steady profits

  01-11-2022 08:16 via constructionenquirer.com
  Lendlease Construction Europe delivered a steady performance this year after a strong rebound from the pandemic previously.
  Revenue for the year to June 2022 was flat at £554m with pretax profit marginally down to £19m from £20m previously.
  Operating margins were slightly down at 3%.Simon Gorski, managing director of Construction for Lendlease Europe, said: “2021/22 has seen the company continue to benefit from a strong pipeline of work.
  “During this period, the com
  
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• Plans in for 289 homes next to Saltaire World Heritage Site

  01-11-2022 07:19 via constructionenquirer.com
  Major plans have gone in for a 290-home scheme next to the Salts Mill World Heritage Site in Saltaire on the outskirts of Bradford.
  Leeds-based developer Artisan Real Estate aims to build the Saltaire Village on an 11-acre site, sandwiched between the River Aire and the Leeds & Liverpool Canal, which was formerly home to an HMRC office complex which closed in October 2021.
  As well as home it will also build more than 5,000 sq. ft. of small commercial office space designed for flexible w
  
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