A new £5m value contract at Lancaster University and a similar value deal in Manchester city centre are among a number of gains setting Blackpool building services engineering specialist, Ameon, on the road to achievement of its £35m turnover target by the end of summer.
In five years the business says it has doubled in turn-over and is one of an exclusive group to have come through the recession years having achieved consistent growth.
And, despite the latest contract acquisitions totalling around £18m, Ameon’s board has signalled that it has no intention of taking its foot off the gas.
For Lancaster University, Ameon will work through main contractor, Eric Wright Construction, on a project that involves the design and installation of high specification services in the university’s new engineering building.
The new Lancaster contract brings the value of Ameon’s work on the campus in recent months to £7m. Additional gains, including a £6.5m contract on Building 101 of Manchester’s prestigious Embankment development, where Ameon will also employ its utilities division, sit alongside a £2.4 m contract on Collegiate School in Blackpool; a £1.7m project on a new school in Woolston; three projects for BAE Systems in Lancashire and phases three and four of ‘The Rock’ in Bury, which has a contract value of £1.7m.
These gains and contract negotiations in the pipeline within schools, the healthcare sector, aerospace and on commercial and residential developments are helping to underpin growth and job creation plans. Ameon’s managing director Robin Lawson said: “I am delighted with our performance in recent years but not complacent about future growth, because our current position is the result of hard work and excellent service provision for our clients, during what has been a very challenging five or six years in the construction sector.
“It appears that confidence in the economy is being restored and, as a consequence, investment in new developments seems to be on the increase. This bodes well for Ameon going forward because, as a result of our continued investment in our own business throughout the UK’s lean years, we now have the capacity to take on even larger and more diverse projects as the economy grows. Also, the percentage of contracts gained from outside the North of England is on the rise, which gives us even greater scope for growth in the coming years.”