Despite the ongoing uncertainty around the UK’s decision to leave the EU, industry contractor T Clarke has reported “steady, but cautious” improvements in its core markets. The firm revealed it has a “strong order book” of more than £300 million as its performance “continues to be in line with the
Materials handling company FPE Global has embarked on a new acquisition drive after snapping up mixing technology specialist JW Process Equipment (JWP). The Cheadle-based firm, which focuses on the design, manufacture and servicing of materials handling equipment, said the transaction will extend its product portfolio to include new mixing solutions.
Charitable trust IMPACT Scotland, in partnership with the Scottish Chamber Orchestra (SCO), have developed a proposal to create a new “world class” arts centre in the heartof Edinburgh. The facility is located directly behind Dundas House at 36 St Andrew Square. It will be the new home of the SCO,
Despite the ongoing uncertainty around the UK’s decision to leave the EU, industry contractor T Clarke has reported “steady, but cautious” improvements in its core markets. The firm revealed it has a “strong order book” of more than £300 million as its performance “continues to be in line with the Board’s expectations.” Major deals include securing four key package deals valued at £56 million on the 22 Bishopsgate project in London. These are: • Electrical, Shell & Core • Electrical, Cat “A” Fit Out • ELV (Systems Integration) Package, including BMS, ICT and Security • Fire Alarm Installation Onsite activities will start next year to be completed in 2019. Furthermore, the group has secured a £24 million M&E fit out scheme at The International Quarter in London, while two new student accommodation schemes are being carried out in Newcastle. In Scotland, three quarters of revenues for next year have now been secured including the following notable recent wins in the residential sector: • Barratt Homes West Scotland, Bonhill, Dumbartonshire • Barratt Homes West Scotland, Wallace Fields, Glasgow • Cala Homes West Scotland, Dullater Greens, Cumbernauld • Robertson Homes, Fair Acres, Dunbar Other wins have been secured in the education sector, including at Easter Bush Campus, University of Edinburgh and St Joseph College, Dumfries. T Clarke will also work in partnership with Mitsubishi Electric Air Conditioning Europe to make`, supply and install Calorimeter Testing Facilities at their manufacturing plant in Livingston West Lothian Scotland. T Clarke Scotland Managing Director, Gary Jackson, said: “TClarke will be working closely with Mitsubishi’s engineering partners, Onishi of Japan who are world leaders in the design and construction of Calorimeter Test Facilities. We are very proud to have gained the professional confidence of Onishi and Mitsubishi to undertake this massive project for them.” Elsewhere, the Group has begun proceedings to recover up to £2.8 million of “misappropriated funds” taken by an employee over a number of years.
Materials handling company FPE Global has embarked on a new acquisition drive after snapping up mixing technology specialist JW Process Equipment (JWP). The Cheadle-based firm, which focuses on the design, manufacture and servicing of materials handling equipment, said the transaction will extend its product portfolio to include new mixing solutions. In turn, the deal will offer JWP full access to FPE Global’s application specialists and its 30,000 sq ft manufacturing centre, increasing the Surrey-based firm’s capacity to service UK and overseas customers. JWP was founded by engineering entrepreneur James Winkworth in 2016. FPE Global said the transaction is the first in a series of strategic acquisitions on the horizon. David Cooper, FPE Global’s chief exec, said: “The addition of mixing technology to our business will significantly enhance our portfolio of products. “Operationally, there are excellent synergistic opportunities to support JWP in further expanding its customer base and volume.” He continued: “From a customer perspective, the acquisition allows FPE Global to provide a compelling alternative to UK and overseas customers through the design, supply and servicing of turnkey materials handling and processing solutions.“ FPE Global employs more than 60 members of staff and was backed in 2013 by private equity company NorthEdge Capital. Earlier in the year, FPE Global has announced the appointment of its new CEO. David Cooper joins FPE Global from his role as managing director of Matcon, where he led numerous strategic initiatives resulting in significant and sustained growth in revenue and profitability over almost 15 years of service. David was instrumental in helping to drive the international growth of the company across Europe, the USA, South East Asia, India and China. David, who started his new role with FPE Global early this month said: : “It is a privilege to be joining FPE Global, where we have an opportunity to build a world leading materials handling platform that delivers significant and unique value to our customers and shareholders.
Charitable trust IMPACT Scotland, in partnership with the Scottish Chamber Orchestra (SCO), have developed a proposal to create a new “world class” arts centre in the heartof Edinburgh. The facility is located directly behind Dundas House at 36 St Andrew Square. It will be the new home of the SCO, and will also be a venue for public engagement, conferences and education. The developers say that he centrepiece will be a 1,00 seat auditorium, along with a studio that will provide recording, recital and rehearsal space that will “rival the best in Europe.” The plans also state that the historic Royal bank of Scotland branch will carry on operating as a stand-alone branch. A new restaurant, bar and café facilities will also be created to complement the development. IMPACT Scotland will take the responsibility for overseeing the construction of the new building and will operate and manage the complex. The trust will soon begin the process of inviting expressions of interest from architect-led design teams, along with an acoustic expert, with the intention of making appointments early in 2017. Initial talks with the Scottish Government and the City of Edinburgh Council on possible public sector partnerships have been positive and are ongoing. Proposal backers said that the auditorium would meet the long recognised need for a purpose built, mid-sized performance venue in Edinburgh, that will combine excellent acoustics with access for all forms of popular music, jazz, folk, chamber and other small classical music groups as well as solo and song recitals and small dance ensembles. Sir Ewan Brown, who has been chairing the IMPACT Scotland Project Board said: “I see this is a global opportunity for a global city, combining the best of the old and the new to establish a venue that will attract performers, audiences and visitors from around the world.”