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1:00pm Thursday 4th March 2010
WORCESTERSHIRE-based contractors Thomas Vale is bucking the trend in the construction sector with record multi-million pound orders in February.
More than £25 million worth of new projects have been secured by the Stourport-on-Severn company from various clients in both the public and private sectors.
Projects include a £10 million multi-storey car park at Millennium Point in Eastside, Birmingham, extra care and retirement facilities for Bournville Village Trust in Telford at £8 million, various in-fill housing projects for Worcester Community Housing Group at £1.6million and major supermarket fit-out schemes for WM Morrison’s at £2 million each.
This new work brings the company’s order book for 2010 to £200 million and with additional partnerships across the region gives a forward workload and three- year spend of more than £500 million.
Managing director Tony Hyde said: “This is good news for our local employees and supply chain partners who place the majority of their work with local companies.”
In addition to securing jobs, it will allow the company to take on an additional eight to 10 management positions and create 15 to 25 training placements over the coming year.
Mr Hyde said: “It is pleasing that local organisations and public sector clients are increasingly focusing on their impact in employment within the region and the social and economic benefits they can have through working with organisations such as ourselves who have had a commitment to the region for more than 140 years.”
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