Michael G.’s Post

Heavy hitters to run Travis Perkins https://lnkd.in/dXWf7USY Former Taylor Wimpey chief Pete Redfern is the new CEO of Travis Perkins, and former A-Plant boss Geoff Drabble is taking the chair. Read Full Article: The Construction Index #Construction #UKConstruction #Building #Infrastructure #Engineering #ProjectManagement #ConstructionNews #InnovationInConstruction #SustainableConstruction #MegaProjects

Stay informed! The latest industry report predicts a boom in road & bridge infrastructure spending over the next decade, fueling growth opportunities for construction companies like ours. Let's get ready to build the future, team! 🚧 #ConstructionTrends #InfrastructureBoom

Market stability gives a boost to Billington https://lnkd.in/eeHgfqsd Billington Holdings has posted steady first-half results and built up record orders for its core structural steelwork division. Read Full Article: The Construction Index #Construction #UKConstruction #Building #Infrastructure #Engineering #ProjectManagement #ConstructionNews #InnovationInConstruction #SustainableConstruction #MegaProjects

I’m happy to share some exciting news about Mace, a global leader in the construction and consultancy sector. In 2023, Mace achieved a remarkable 25% increase in turnover, hitting a record £2.36bn, and an impressive 69% surge in pre-tax profit to £61.7m. This success was largely driven by international expansion, especially with contract wins in the Australian, Middle East, and a robust UK market. Mace’s construction operations alone generated a turnover of £1.73bn, marking a 26% year-on-year growth and the highest annual total since 2018. But the good news doesn’t stop there. Mace’s consultancy arm also saw a significant growth of 24% last year, reaching £619.4m, thanks to successful projects with esteemed clients throughout all our regions. Ending the year with a 14% increase in cash at bank to £175.81m, Mace has strategically simplified its business model. By stepping back from new direct property development and divesting its facilities management business, Mace has enabled closer collaboration between its Construct and Consult operations. This strategic shift is set to shape the company’s trajectory in the coming decade. Stay tuned for more updates. #mace #consult #construct #capitalprojects #infrastrucure

Watch this video to hear from one of our amazing customers and how he is realizing the value of his investment in our takeoff and estimating software, Planswift. Great story! #constructionstartshere #constructconnect

Morgan Sindall raises expectations with record six months https://lnkd.in/eqZadm93 Half-year results from Morgan Sindall show solid growth in both revenue and profit. Read Full Article: The Construction Index #Construction #UKConstruction #Building #Infrastructure #Engineering #ProjectManagement #ConstructionNews #InnovationInConstruction #SustainableConstruction #MegaProjects

Barratt sees profits tumble https://lnkd.in/eNiqpX5g House-builder Barratt Developments plc saw its pre-tax profit fall 76% last year. Read Full Article: The Construction Index #Construction #UKConstruction #Building #Infrastructure #Engineering #ProjectManagement #ConstructionNews #InnovationInConstruction #SustainableConstruction #MegaProjects

New owners for M Group Services https://lnkd.in/eh2VxqXA Ownership of M Group Services – Morrison Utility Services as was – is passing from one private equity group to another. Read Full Article: The Construction Index #Construction #UKConstruction #Building #Infrastructure #Engineering #ProjectManagement #ConstructionNews #InnovationInConstruction #SustainableConstruction #MegaProjects

Keltbray’s £100m+ infrastructure sale marks a strategic shift, enabling a new focus on commercial, energy, and tech-driven markets. By stepping back from rail and highways, Keltbray will tackle higher-growth areas like data centers and battery plants - an essential pivot as London’s construction market faces tightening margins and rising costs. https://lnkd.in/e6NrTp8R

Everyone looking for those Red and Blue States today. Well our map is Green. Industrial Info Resources is currently tracking $62 Billion in High Probability projects to begin construction in 2025. Regardless what happens, we will all still have to work together to accomplish this massive feat. 1,192 Projects worth $62.64 Billion (USD)    #construction #projects