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PRIVACY
Enterprise

£30m project wins lead to recruitment drive at Howard Russell

The Cramlington construction business is winning work all over the º£½ÇÊÓÆµ, triggering new jobs

Faltec's new 120,000sqft industrial facility at IAMP which was recently completed by Howard Russell(Image: Lee Dobson Photography)

A Northumberland construction company has cemented its reputation in the industrial property market after winning £30m of new projects across the º£½ÇÊÓÆµ.

Howard Russell Construction has secured contracts for a range of development schemes, following the completion of Faltec’s new 120,000 sqft industrial facility at IAMP in Sunderland and an £8m project in Nottingham on behalf of Chancerygate.

The Cramlington-based firm’s 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 £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’s Place º£½ÇÊÓÆµ PLC. Further project awards amounting to £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’s headcount to 26.

Following its latest financial year end, which saw the firm turn over in excess of £22m, Howard Russell has also announced board changes with David Varty becoming chairman and Craig Muldoon promoted to managing director.

Mr Varty said: “We 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.

“We 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.”