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Last Updated:
5th November 2012
Source:
Shepherd Construction has landed two retail contracts worth 拢13 million in London and the South-east.
The contractor will build a 拢9m mixed-use development on behalf of the Cooperative Insurance Society on Oxford Street and a 拢4m expansion of the Clarendon Centre in Oxford鈥檚 Cornmarket Street on behalf of Lothbury Investment Management.
Company profile:
Morgan Sindall has been selected by Network Rail to build a 拢15.9 million North-west operating centre in Manchester.
The operating centre in Gorton will provide a base from which all of Network Rail鈥檚 operations in the region will be run and will accommodate its personnel and control equipment.
Olympics and Shard structural steel giant Severfield-Rowen will make 50 people redundant after issuing a profit warning this afternoon.
Its board expects UK profitability in 2012 to be 鈥渕aterially lower鈥, down to 拢1 million pre-tax profit for the year. The firm posted a 拢6.8m pre-tax profit for 2011.
Five contractors are set to compete to win a 拢20 million deal to build more than two miles of new road under the A75 Hardgrove to Kinmount scheme.
The five companies bidding for the Scottish project are: McLaughlin & Harvey, Balfour Beatty Civil Engineering, John Paul Construction, I & H Brown and RJ McLeod (Contractors).
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