News in Brief July/August 2022
Severfield has reported a resilient performance for the 12-month period ending 26 March 2022, with an 11% revenue increase and profit before tax also up by the same percentage.
The group’s revenue was up 11% to £403.6M from £363.3M in 2021, while profit before tax stood at £27.1M, compared to £24.3M the previous year. Its record UK and Europe order book of £486M at June 2022, includes new industrial and distribution hubs, film studios, commercial offices and bridge orders, alongside the new stadium for Everton FC.
Steelwork erection is progressing on a 46,400m2 logistics hub on the 21-acre Peterborough South site at Kingston Park. Glencar Construction is the main contractor and has been appointed by real estate developer Firethorn Trust. A total of three steel portal-framed warehouses are being built with steelwork designed, fabricated and erected by Caunton Engineering.
Willmott Dixon has been chosen by Milton Keynes Council to construct a £8.8M new primary school and nursery that will accommodate pupils as part of a wider plan for the Western Expansion Area. Located on Calverton Lane, Watling Primary School and Nursery will support local education provision for the housing developments of Fairfields and Whitehouse.
Caddick Construction has been appointed by Radius Payment Solutions to deliver its £14.6M state-of-the-art facilities at Arden Square on Crewe Business Park. The three-storey office structure will be constructed to BREEAM ‘Excellent’ standards and has been designed with a focus on employee wellbeing. Features include a barista coffee bar, pizzeria, Star Wars themed sky bar and outdoor seating, and yoga areas all built around a conical-shaped glazed atrium.
Scottish Championship side Dundee has unveiled plans for a new 15,000-capacity stadium to replace its current home at Dens Park. As well as a new football stadium, the project at Camperdown Park will include a conference venue capable of accommodating 850 guests, a 120-bed hotel, and leisure and retail facilities.