Construction news

• Hadden Construction goes into administration

  10-09-2024 15:07 via constructionenquirer.com
  
  Scottish contractor Hadden Construction has fallen into administration with the loss of 66 jobs.
  The Auchterarder based firm was the largest contractor in Perthshire working on jobs in the Central Belt between Glasgow and Edinburgh from Inverness & Brechin in the North, to Lesmahagow in the South.
  Administrators from Alvarez and Marsal are now in charge of the business and work has stopped on all sites.Joint administrator Ben Cairns said: “Like other contractors, Hadden Construction ha
  
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• Speedy HS2 viaduct push cuts disruption for drivers

  10-09-2024 08:55 via constructionenquirer.com
  
  HS2 engineers completed the final operation to move two railway viaducts into place over the M42/M6 link roads in North Warwickshire more than six hours ahead of schedule this weekend.
  The ‘push’ to move the 158-metre-long West Link Viaduct into its final position over both westbound and eastbound motorway link roads took a total of 11 hours.
  Main works contractor Balfour Beatty VINCI (BBV) completed the work quicker than planned allowing the motorway link roads to be reopened 6.5 ho
  
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• Kier to noise-proof 20,000 homes around Heathrow

  10-09-2024 08:51 via constructionenquirer.com
  
  Kier has sealed an eight-year deal with Heathrow Airport to noise-proof up to 20,000 homes and local schools in the area.
  The 100% funded Quieter Neighbourhood Support Scheme is a major programme to better protect homes with noise insulation measures.
  The QNS in made up of three distinct programmes, the largest being theResidential Insulation Scheme. It also includes a quieter schools programme and vortex impact and prevention scheme.The latter includes repairs for vortex strikes and the provisi
  
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• Morris & Spottiswood expands after M&E acquisition success

  10-09-2024 08:31 via constructionenquirer.com
  
  Fit-out and refurbishment specialist Morris & Spottiswood’s purchase of M&E specialist Livingstone Building Services over two years ago is starting to pay off.
  A strong contribution from M&E contractor Livingston Building Services helped to drive a 26% rise in revenue to £128m at the Glasgow headquartered group generating a similar jump in pre-tax profit to £2.8m.
  The expansion saw headcount rise by around 9% over the period to 449 staff.Chairman George Morris
  
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• Tight cost control returns Laing O’Rourke to profit

  10-09-2024 08:26 via constructionenquirer.com
  
  Laing O’Rourke has returned to profit a year after suffering the worst loss in its history plunging £288m into the red.
  Despite ongoing challenges and global turbulence, the country’s biggest private contractor got overheads under control to turn its fortunes around and deliver an £18m pre-tax profit.
  Laing O’Rourke ended the year to March 2024 with revenue up 18% to £4bn and a record order book worth £10.8bn.
  Cathal O’Rourke, who succeeded his fat
  
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• Record turnover but inflation hits profits at HG Construction

  10-09-2024 08:19 via constructionenquirer.com
  
  Design and build contractor HG Construction saw its turnover hit a record of  £424m last year after expanding into new sectors and regions.
  But “turbulent trading conditions” and legacy fixed price contracts hit the bottom line as margins and pre-tax profits tumbled.
  Latest results for year to December 31 2023 show pre-tax profits down to £6.4m from £15.3m last time as turnover surged to £424 from £336m.Adam Quinn, CEO, HG Construction, said: &ldquo
  
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