Construction news

• Cladding panel maker goes down

  25-09-2024 14:54 via constructionenquirer.com
  
  Cladding designer and manufacturer PSP Architectural Ltd has gone into administration alongside sister firms PSP Aluminium Ltd and Pressed Steel Products Limited.
  The failure of the County Durham based group has led to 84 redundancies.
  James Lumb and James Clark of Interpath are now in charge of the business and are actively seeking buyers.Architectural and Aluminium operated as manufacturers to the construction sector from neighbouring sites in County Durham. The former supplied facades and cla
  
  Read more

• C Spencer lifts profits as market activity recovers

  25-09-2024 10:58 via constructionenquirer.com
  
  Hull-based engineering contractor C Spencer has delivered increased turnover and profits and reported signs of a gathering recovery in market activity.
  The firm doubled pre-tax profit to £3m on the back of a modest 7% rise in revenue to £61m in the year ending 31st March 2024.
  The group’s bridge division, which was hived off as a separate company – Spencer Bridge Engineering – within the group in April last year, put in a very strong performance generating a £
  
  Read more

• Balfour Beatty acts to head-off ISG contagion in supply chain

  25-09-2024 08:41 via constructionenquirer.com
  
  Balfour Beatty is offering a lifeline to its supply chain subcontractors impacted by the collapse of ISG.
  The firm is aiming to stop any contagion from ISG’s collapse spreading to its own projects.
  The move to support cash-strapped subcontractors comes amid widening concern that scores of firms have been seriously hit.
  Already London-based building services specialist Phoenix ME has issued a statement reassuring its client and suppliers that it will be able to ride out the hit on its
  
  Read more

• Surveyor jailed for £1m National Trust building fraud

  25-09-2024 08:22 via constructionenquirer.com
  
  A building surveyor has been jailed for swindling the National Trust out of more than £1m through false invoices.
  Roger Bryant, 73, of Barnstaple, was convicted of 28 offences following a lengthy trial at Bristol Crown Court.
  His sons James Bryant, 49,and Scott Bryant, 38, were also found guilty of two charges in relation to them knowing – or at least suspecting – the money generated for their own companies by their father was the proceeds of crime.Roger Bryant was sentenced to
  
  Read more

• Advertisement

• Canary Wharf Contractors break ground on Europe’s tallest lab

  25-09-2024 08:06 via constructionenquirer.com
  
  Construction of Europe’s tallest and most technically sophisticated commercial lab buildings jobs has started on site at Canary Wharf in London Docklands.
  Architects KPF designed One North Quay as a 23-storey ‘vertical science campus’ that will rank as Europe’s tallest purpose-built lab space.The 823,000 sq ft project is being delivered by principal contractor Canary Wharf Contractors, with specialist Kilnbridge on-board for the massive concrete package.
  This will consist
  
  Read more

• OCU snaps up water engineering design consultant

  25-09-2024 07:50 via constructionenquirer.com
  
  Expanding utilities infrastructure specialist OCU Group has bought design consultant Purestream.
  Based in London and the South East, Purestream is know for its expertise in water design and engineering, environmental process technology and equipment.
  The acquisition marks a further significant enhancement of OCU’s design and engineering capability, adding Purestream’s water design expertise to OCU’s existing industry-leading energy and wider utilities design expertise.Michael H
  
  Read more

Follow @new_constructio on Twitter!