A Northumberland construction company has cemented its reputation in the industrial property market after winning 拢30m of new projects across the 海角视频.
Howard Russell Construction has secured contracts for a range of development schemes, following the completion of Faltec鈥檚 new 120,000 sqft industrial facility at IAMP in Sunderland and an 拢8m project in Nottingham on behalf of Chancerygate.
The Cramlington-based firm鈥檚 most recent deals wins wins include the construction of 23 new industrial units split between projects in Haddenham, Buckinghamshire, and Sittingbourne, Kent, as part of 拢11m worth of speculative development by Tavis House.
In Frimley, Surrey, the firm has been appointed to deliver three speculative properties by Orchard Street Investment Management LLP on behalf of St James鈥檚 Place 海角视频 PLC. Further project awards amounting to 拢16m are also due to commence later this year.
The new projects have led to a raft of professional appointments including three quantity surveyors, a project manager, an M&E services manager and a design manager, taking the team鈥檚 headcount to 26.
Following its latest financial year end, which saw the firm turn over in excess of 拢22m, Howard Russell has also announced board changes with David Varty becoming chairman and Craig Muldoon promoted to managing director.
Mr Varty said: 鈥淲e have worked hard in recent years to establish ourselves as a leading industrial contractor on a national level and now we are seeing the benefits of this investment. Despite economic uncertainties in many areas, the industrial development sector continues to perform strongly and we are very well placed to build on our recent successes to target further growth.
鈥淲e have the right team in place to drive the firm forward and this is the right time for me to change my own role. I have every confidence in our directors and all of the talented individuals within our growing team.鈥
The firm鈥檚 new managing director, Mr Muldoon, added: 鈥淭he last 12 months have seen us take another big step forward.
鈥淲e have certainly cemented our reputation as a company which delivers innovative construction solutions that our clients can rely on, whether they are developers or occupiers.
鈥淲e are large enough to handle substantial projects in any location but remain a close-knit agile team.
鈥淒espite the challenges of the recent Covid-19 pandemic the outlook is exciting and I am optimistic about what the future holds for us.鈥
