Balfour Beatty topped the August league table for contract wins thanks to some large roads jobs. Among its six-contract haul were the £200m Mottram Moor Link Road, part of the TransPennine upgrade programme, and the £335m M25 junction 10/A3 Wisley interchange jobs. Between them, the…
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Galliford Try made a pre-tax loss of £59.7m in its financial year to 30 June 2020 as it took a hit due to the coronavirus crisis. The firm, which sold its Linden Homes and Partnership & Regeneration divisions to Bovis Homes in January, saw turnover fall…
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Horizon Nuclear Power will cease all remaining activity on its two nuclear developments in the UK. The subsidiary of Japanese multinational Hitachi will mothball the Wylfa Newydd nuclear facility on Anglesey and its Oldbury nuclear project site in south Gloucestershire. In 2019, Horizon axed hundreds of jobs…
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Redrow chief executive Matthew Pratt has said the housebuilder is “not seeing any subcontract issues” and does not expect consolidation among its supply chain. Pratt was speaking on a media call following the company’s full-year results to 28 June 2020, in which the firm reported…
The post Redrow sees ‘no issues in supply chain’ as profit drops by 66% appeared first on Construction News.
Galliford Try bosses believe the company has the right level of cash in the bank to weather industry uncertainty, its finance director has said. The firm reported a £59.7m pre-tax loss this morning for the financial year ended 30 June 2020, which it put down…
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Galliford Try posted a £60m loss this morning, which it blamed on the coronavirus crisis. After the disposal of its housebuilding arms, net cash had ballooned to £197.2m. Ian Weinfass spoke to chief executive Bill Hocking and finance director Andrew Duxbury and has picked out some…
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An engineering group has assigned Wisconsin’s roads a meager letter grade in a report card assessing the state’s infrastructure.
As a building product manufacturer, getting your products specified is key to getting them sold. You need to understand how architects are researching and selecting the products they specify. To get inside the mind of an architect, you need to answer these questions:
A relatively easy, but nonetheless effective, way to assess city labor markets is to rank them in two ways: (1) according to year-over-year jobs-count percentage changes, from biggest to smallest; and (2) by unemployment rates, from lowest to highest.
Listed below are ConstructConnect’s Hot Commercial Construction Projects for the week of September 7 – 11, 2020. Our Hot Projects showcases three currently bidding or sub-bidding projects from all 50 states and the District of Columbia pulled from our extensive database of construction leads.
Hawley & Sons Construction 