Skanska’s UK construction business saw operating profit slump to £6.3m last year on turnover that remained stable at £1.3bn. The firm also restated its previous financial performance in 2022, originally reported as a £55m pre-tax profit. This has now been cut by £30m to £24m in 2022. Skanska said the adjustment was required after the
Pennar Industries, a leading engineering products and solutions company, is set to establish a pre-engineered building (PEB) manufacturing plant in Raebareli, Uttar Pradesh. This upcoming facility in Raebareli will span 16 acres and feature a built-up area of approximately 12,000 square meters. Equipped with state-of-the-art machinery, the plant will have a production capacity of around
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To support Uttar Pradesh’s ambition of becoming a trillion-dollar economy, the Uttar Pradesh Expressway Industrial Development Authority (UPEIDA) is set to invest Rs 8,000 crore in the development of industrial corridors along the state’s extensive expressway network. According to reports, 1,812 hectares of land, valued at Rs 3,200 crore, have already been acquired at 25
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A new terminal at Cherlapalli, Hyderabad, is nearing completion and is expected to open this month. Constructed at a cost of ₹430 crores, it features modern amenities comparable to those found in airports, promising to greatly enhance the passenger experience. The terminal will include six booking counters to ensure smooth ticketing even during peak times.
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Deputy Prime Minister Angela Rayner has ordered planners to have another look at two giant data centre schemes stuck in the planning system. Her colleague Chancellor Rachel Reeves said: “The Deputy Prime Minister has said that when she intervenes in the economic planning system, the benefit of development will be a central consideration and that
A house builder has been fined more than £300,000 after a driver was crushed to death by falling concrete blocks at a construction site in South Lanarkshire. Conor Joseph Morgan had been delivering materials to a site in High Blantrye being operated by Avant Homes (Scotland) Limited when the incident happened on 19 April 2017.
Strip malls became popular in the 1950s as more people wanted car-friendly shopping experiences. Today, many businesses require a physical location with good traffic. A strip mall is ideal for retailers, restaurants, and services like hairdressers and coffee shops. When you think about a strip mall, you may imagine outdoor malls from the past: drab,
Loftus will be responsible for customer interfacing roles, with a focus on sales, customer service, and technical service for brands such as Enverge Spray Foam and Gaco.
Drexel Metals has introduced its Timber Series of wood-grained finishes, combining the look of wood with metal’s durability, offering five soffit and wall panel finishes in various shades and grain patterns.
THE NEW CHANCELLOR of the Exchequer, Rachel Reeves has confirmed mandatory housebuilding targets in her first speech in the post. Rachel Reeves announced mandatory housebuilding targets for England, and the loosening of planning rules to encourage more new homes. The housebuilding target, already provided in the Labour Party manifesto, is 1.5 million homes over the
