Improved cashflow cuts Tarmac's debts
A strong order book this year has allowed Tarmac to lift margins
and improve cashflow. As a result, the group's level of debt has
been reduced.
.... more
(18 June 1997 00:00)
TOOLITTLE, TOOLATE? - Four year pay deal stalled over clawback issue
The healthy economy has strengthened the hand of union pay negotiators. But it is only one of the factors leading to slow progress in the.... more
(18 June 1997 00:00)
Mowlem makes œ55m in sale of scaffolding division
John Mowlem raised œ55 million from the sale of 49 per cent of
SGB, its international scaffolding specialist division, well ahead
of earlier.... more
(18 June 1997 00:00)
It's fierce on the High Street
Despite a surge in activity competition in the retail shopfitting sector remains fierce and margins are tight, writes James Atkinson more
(18 June 1997 00:00)
NEWBIDS
œ25m southend college tender
South East Essex College of Art and Technology has called for
tenders for œ25m of new build, renewal and.... more
(18 June 1997 00:00)
[No headline.]
The reconstruction of Shakespeare's Globe Theatre was officially
opened last week by Her Majesty The Queen. The œ30 million
project has taken.... more
(18 June 1997 00:00)
PFI prison 'good experience'
How is due to finish its œ13 million M&E contract for the
Bridgend Private Finance Initiative prison in August. Costain is
main contractor.... more
(18 June 1997 00:00)
Tarmac on trial over jobs
Top ten contractor Tarmac is facing a legal challenge over its
relationship with jobs agency NCS (National Construction Services).
The.... more
(18 June 1997 00:00)
Vibroplant proves that the customer is right
Vibroplant has launched a brand new service designed for the next
millennium after asking its customers what they wanted.
ServiceMaster.... more
(18 June 1997 00:00)
Peter Cook buy-out
A management team, headed by managing director David Morgan, has
achieved a management buy-out of Peter Cook Safety Products, the
Gloucestershire.... more
(18 June 1997 00:00)
Four-fifths of Raine shareholders back McAlpine
Alfred McAlpine was said to be "pretty happy" with the news that
more than 80 per cent of Raine's shareholders had accepted its bid
to take over.... more
(18 June 1997 00:00)
NEWSBRIEF
œ100m Mersey Docks scheme
The Mersey Docks and Harbour Company and the David McLean Group
have join forces on a œ100 million scheme.... more
(18 June 1997 00:00)
Review call to beat blunders
Contractors need to carry out more "post-project reviews" if they
are to avoid repeating blunders and achieve cost and time savings,
Don Ward,.... more
(18 June 1997 00:00)
Link costs revealed
Union Railways has outlined the cost of the four main elements for
the construction of the Channel Tunnel Rail Link.
The tunnel contracts,.... more
(18 June 1997 00:00)
Underground track invitation
London Underground is inviting contractors to register interest in
framework agreements for track replacement on the Underground. Up
to six.... more
(18 June 1997 00:00)
NEWSBRIEF
bovis director gets cbe
Roger Mabey, director of Bovis Construction Group and Bovis Europe,
was made Companion of the order of St Michael and.... more
(18 June 1997 00:00)
œ31 million Mace win
Mace has won the œ31 million construction management contract
to refurbish part of the existing Tate Gallery at Millbank in
London.
The.... more
(18 June 1997 00:00)
High-tech centre win for Tarmac
Tarmac has secured part of the second phase of the new university
campus at Lincoln with the contract to construct a high-tech
Learning Resource.... more
(18 June 1997 00:00)
Sale ends Holzmann threat
Tilbury Douglas' chief executive Michael Bottjer has welcomed
Philipp Holzmann's sale of it 30 per cent stake in Tilbury, saying
that it removed.... more
(18 June 1997 00:00)
Wainhomes thrives with radical action
Wainhomes has restored profitability to its two difficult regions,
Northern and Midlands, thanks to "radical management and
re-organisational.... more
(18 June 1997 00:00)
BEC calls for Silver Helmet entries
The Building Employers Confederation is calling for entries for the
industry's premier safety award, the Contract Journal Silver Helmet
trophy.
.... more
(18 June 1997 00:00)
Preservation list breakthrough
A ground-breaking development in Sutton has seen the local council
preparing a list for the preservation of buildings and structures
of.... more
(18 June 1997 00:00)
BAA denies bid to ditch consultants - Firms frustrated at low workloads under pre-recovery framework deal
Frustration is growing among cost consultants working under BAA's
five year framework agreement because of disappointing workloads,
according to.... more
(18 June 1997 00:00)
UK needs training to stay on top says CRT
Training throughout companies and supply chains is needed if the UK
construction industry is to retain its competitive advantage, the
Construction.... more
(18 June 1997 00:00)
DTI bid to boost N Ireland firms
Northern Ireland's construction industry has been given a
Department of Trade and Industry grant to help it combat the threat
of increased.... more
(18 June 1997 00:00)
Oil giant is role model in bid to avoid domino effect of computer crashes - Shell shows how to beat 2000 bug
Construction firms should follow Shell's example of checking the
security of supply chains to beat the Year 2000 computer bug,
according to.... more
(18 June 1997 00:00)
TOUGHATTHETOP
Thwaites is the number one manufacturer of dumpers in the UK market. It intends to stay that way. Fiona Kingston discovered how more
(18 June 1997 00:00)
Building society windfalls could worsen skills shortages warn industry groups - œ29bn black market fear
The œ29 billion bonanza of windfall payments from building
society flotations could worsen the looming skills shortage in the
construction.... more
(18 June 1997 00:00)
Millennium plans persist - Organisers press ahead with packages despite review of œ580 million scheme
Millennium Central, the organisers of the Greenwich Millennium
Exhibition and its construction managers Sir Robert McAlpine/
Laing, are pressing.... more
(18 June 1997 00:00)
NEWSBRIEF
SHERIFFMERGESwith ABELSON
Sheriff Group is to finally merge the Abelson operation it bought
in 1991, six years after running it as a separate.... more
(18 June 1997 00:00)
Labour's snub for Latham - New Government backs away from legislation as Superministry is born
Labour is backing away from further legislation to support the
Latham initiative to reform the construction industry, it emerged
this week.
.... more
(18 June 1997 00:00)
Tagus work resumed
Work has resumed on the cable-stayed bridge section of Portugal's
Second Tagus Crossing after a fatal collapse stopped construction
in April.
.... more
(18 June 1997 00:00)
Mace wins management
Mace has been appointed as project manager for the redevelopment of
core stations within Railtrack's œ580 million Thameslink 2000
project.
.... more
(18 June 1997 00:00)
Specifications are "a major step forward" for efficiency says BCO president - Office guide is updated
Indoor climate control and new construction technology feature
prominently in the second edition of the BCO Best Practice Guide on
office.... more
(18 June 1997 00:00)
Marshalls' profits go down by 24%
Building materials manufacturer Marshalls blames a price war and a
drop in construction spending by UK local authorities for a 24 per
cent fall in.... more
(18 June 1997 00:00)
PFI could boost social housing - Programme's head urges Government to phase capital receipts release through PFI
Substantial funding for social housing from the Private Finance
Initiative could become a reality if the Government's PFI review
adopts proposals.... more
(18 June 1997 00:00)
Two stage deal for asphalters
Mastic asphalting operatives in the roofing industry have agreed a
2-stage pay deal. Basic rates are increased by 2.5 per cent with
effect from 2.... more
(18 June 1997 00:00)
Atlas makes Prime deal
Atlas Copco has paid œ565 million to buy Prime Service, the
second largest US plant hire company.
The move gives Atlas access to a huge.... more
(18 June 1997 00:00)
London hit by shortages
Project starts in London are being delayed by as much as four
months because of skills shortages.
David Summerfield, chief executive of How.... more
(18 June 1997 00:00)
M&E boss slams main contractors' regional chiefs over best practice - How cheered by rising order book
Many of the top 20 contractors boasting "best practice" policies
fail to implement the changes and leave some regional managers
stuck with.... more
(18 June 1997 00:00)