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MCKEAN GROUP BUILDS ON SUCCESSFUL FOUNDATIONS

The McKean Group, which carries out both principal and specialist contracting works within the construction industry, today issued a trading update ahead of its final results for the year to December 2007, due to be released in May.
Commenting on trading and future prospects, McKean Group Director, David Noar, said: “This is a very exciting time for the group. All divisions are performing well in an increasingly competitive market and are on course to deliver a significant increase in turnover and profits. The exemplary reputation that we have built within the industry is reflected in the number of high profile contracts that we have completed in the last two years, worth £77 million, and the £25 million worth of business we have already secured across the group in 2008.
“The combination of specialisms and expertise throughout the group allows for a variety of contracts to be undertaken and our versatility and ability to respond to clients’ needs has also been integral to our success. Despite the anticipated economic slowdown, I am confident the group will continue to thrive in 2008 as we strive to become the benchmark for excellence within the construction industry.
“With success comes expansion, and over the coming months we will be actively looking to recruit the finest talent from across the construction industry to fill newly created vacancies across all divisions of the business.”
Specific comments on each of the businesses within the group – McKean and Company (Glasgow) Ltd, Mayfield Construction Company Ltd and the Hudson Group – are as follows:-
McKean & Company (Glasgow)
The completion of £37 million worth of contracts in Scotland over the past two years has put McKean & Company on course for a significant increase in turnover. The company delivered a variety of both civil engineering and building orientated projects, working alongside a number of blue chip clients, including private and commercial developers and contractors, as well as local authorities.
Work recently began on a £1.8 million project in Glasgow city centre’s St George’s Tron Parish Church, whilst work is about to get underway on a £1.4 million design and build car park for Renfrewshire Council. In addition, a number of specialist contracts are currently ongoing in Edinburgh and the Lothians and the company is hoping to secure a prestigious £3 million development at Eurocentral.
Mayfield Construction Company (Liverpool)
Mayfield Construction’s financial growth has been aided by the completion of £35 million worth of contracts in the past two years.
In 2005, Mayfield’s civil engineering team completed a £1 million contract to provide new paving, footpaths and foundations for student accommodation at Lancaster University for Norwest Holst, as well as delivering phases two and three in successive years. In 2006, a £3 million project to build 64,000 sqft of office buildings in Martland Point, Wigan, for Langtree Developments was among the projects undertaken by the contemporary building team, who also secured a number of high profile contracts recently, including a £6 million scheme to build a four-storey office block for Neptune Developments at Liverpool Science Park as well as £1 million project for Taywood in St. Helens Hospital.
Mayfield’s concrete flooring division is also involved in a £7 million contract to provide 130,000 sqm of concrete flooring at a new development in Birmingham’s Queen Elizabeth Hospital and the hard landscaping team has just completed the multi-award winning £7 million Focal Point contract, working in partnership with St Helens Borough Council.
Hudson Group (Glasgow)
Hudson Group provides along with facilities management. The company has made steady progress over the past two years with a number of significant contract wins worth £5 million. These include a £320k kitchen refurbishment contract for City of Edinburgh Council, a £60k building and electrical alterations contract with Scottish Prison Service, a £150k contract for a full electrical fit-out of the new Parcel Force Depot in Cambuslang for R&R Construction. Work has also been secured by Hudson Group with WSP/Mansell in Aberdeen, Bield Housing Association and a number of councils across Scotland.


Email: marie.dunsmuir@beattiegroup.com
 


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