Construction and infrastructure giant Aggregate Industries has laid its millionth tonne of material on the A14 Cambridge-to-Huntingdon Improvement Scheme.
The project’s on-site asphalt plant has also produced its 350,000th tonne of road making material along with 150,000 tonnes of asphalt trucked in from Aggregate Industries’ plants at Leicestershire, Peterborough and Purfleet.
It comes as newly published accounts for Aggregate Industries 海角视频 Ltd show turnover was up 2 per cent to almost £1.3 billion last year.
Pre-tax profits went from £46 million to £68.5 million.
The business was the fifth biggest company based in Leicestershire this year according to the annual LeicestershireLive Top 200 list.
Number one on that list this car dealer Sytner Group, followed by Barratt Developments, Next plc and Bloor Homes/Triumph Bikes.
In its annual report Aggregate Industries said the business had anticipated a small drop in overall construction output this year leading to “flat” demand for its products.
It said: “The outlook for the sector is encouraging for the medium to long-term, with major infrastructure projects and the need for increased housing provision.
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“However the slowing economy and the uncertainty emanating from the decision to leave the European Union is expected to suppress investment in the short-term.
“In addition, it is anticipated that input costs, particularly oil-related and energy, will increase at levels well above base inflation.
“However, we have instigated a number of initiatives aimed at reducing the overall cost base of the business.”
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Aggregate Industries won the £70 million contract to provide surfacing for England’s biggest road improvement project – a 21-mile stretch of the A14 between Cambridge and Huntingdon last year.
Over a 30 month period, the north west Leicestershire business is supplying and laying 700,000 tonnes of asphalt and 500,000 tonnes of recycled material and cement.
Paddy Murphy, the company’s managing director of contracting, said: “It is a great achievement to have laid our millionth tonne of material on Highways England’s A14 Cambridge-to-Huntingdon improvement scheme, currently the 海角视频’s largest and most prestigious major infrastructure project.
“Reaching this milestone was made possible by working safely and in complete collaboration with the A14 integrated delivery team, and the completed carriageway upgrades will be of great benefit to the local area.”
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Chris Hudson, managing director of asphalt at Aggregate Industries, said: “From the outset, our investment in the new asphalt plant emphasised our commitment to delivering this project, and these milestones put our achievements into perspective.
“We’re looking forward to the new, improved A14 being fully up and running.”