Construction news

• Balfour Beatty offloads stakes in two infrastructure assets

  09-11-2023 08:41 via constructionenquirer.com
  
  Balfour Beatty has offloaded two asset stakes from its Infrastructure Investments portfolio for a profit of nearly £26m.
  In the UK it has sold its 49.5% interest in the energy from waste facility at Javelin Park near Gloucester to partner Urbaser Investment, while in the US it sold a 50% interest in the Moretti multifamily housing community in Birmingham, Alabama to Henssler Capital.
  The firm said the proceeds from each sale are above the prior valuation and fit with group strategy to opti
  
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• Two workers fall from crane during assembly

  09-11-2023 08:19 via constructionenquirer.com
  
  A specialist heavy lifting company has been fined after two men fell from height during the assembly of a crane.
  On 19 January 2021, two employees of Osprey Heavy Lift Limited fell as a result of a partial collapse of a platform on a crane at the Port of Blyth, Northumberland.
  The platform was being installed using four lifting chains, each had a hook and safety clasp. The hooks were looped over metal lugs on the platform in order to lift it into position. The workers removed the two lifting cha
  
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• Galliford Try snaps up water sector M&E contractor for £7m

  09-11-2023 08:14 via constructionenquirer.com
  
  Galliford Try has swooped to buy specialist water and energy industry contractor AVRS Systems for £7m.
  The specialist mechanical, electrical, instrumentation, control and automation design and build contractor employs nearly 100 staff.
  Established in 1972, AVRS holds long term frameworks with key water sector clients as well as the Coal Authority and MoD.Last year AVRS generated revenue of £7.9m and profit before tax of £1.3m. The gross assets of AVRS were £3.8m.
  Its oper
  
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• DfT puts brake on £1.3bn ‘Project Speed’ road scheme

  09-11-2023 08:02 via constructionenquirer.com
  
  The Government has delayed by four months a decision on granting a development consent order for the £1.3bn A66 Northern Trans-Pennine dualling.
  The call for more time is a major blow for Balfour Beatty, Kier and Keltbray who have built work compounds and were in preparation to mobilise for the major job.
  Just two weeks ago Balfour Beatty started the hunt for subcontractor partners to deliver key packages like earthworks and the pavements for the whole project.The firms are to work under a
  
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• Hill submits plan for 100 homes in Bristol

  09-11-2023 01:28 via constructionenquirer.com
  
  House builder The Hill Group has submitted plans for a 100 homes scheme in Bristol at the site of the Wills Tobacco Factory.
  Hill will deliver family houses, as well as one and two-bedroom apartments and three-bedroom maisonettes at the 3.5-acre Amerind Grove site on Raleigh Road.
  Around one-third of the homes will be affordable.The properties will exceed energy regulations through the use of low-carbon technology and energy-efficient design, including air-source heat pumps to provide gas-free h
  
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• Sisk hires ISG veteran as London commercial chief

  09-11-2023 00:52 via constructionenquirer.com
  
  Sisk has hired former ISG director Justin Lowe to lead its push for work in the London commercial market.
  Lowe has joined Sisk’s UK south board as operations director – commercial London to boost its commercial project portfolio in the area.
  Justin brings over 35 years of experience in construction with 17 years in the central London market working at ISG rising to preconstruction director.Lowe said: “Sisk has a great foundation and breadth of capability; I can see great opport
  
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