Totty set firmly on its feet
Article Abstract:
David Jackson, chairman of Totty Construction Group, Bradford, England-based contractor, plans to expand the company into specialist contracting and building products. Currently, talks with a flooring company and a concrete repair specialist are taking place. Jackson led a management buyout of Totty in 1990, in a 2.1 million pounds sterling deal with backing from venture capital companies 3i and County Natwest, which acquired a 33% stake. Financial results for Mar 1992 are set to show a loss, but Jackson plans a turnover of 100 million pounds sterling and a profit of five million pounds sterling by 1995.
Publication Name: Building
Subject: Construction and materials industries
ISSN: 0007-3318
Year: 1992
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In person: Luther Cochrane
Article Abstract:
The return of Bovis Construction to the P&O organisation will allow Bovis chief executive Luther Cochrane the chance to develop greater control and power within the construction industry. Cochrane is responsible for helping the US arm of Bovis contribute 1.1 billion pounds sterling to the total global turnover of 1.8 billion pounds sterling in 1997. Bovis chairman Sir Frank Lampl is expected to name Cochrane as his successor after grooming him in executive management since 1996.
Publication Name: Building
Subject: Construction and materials industries
ISSN: 0007-3318
Year: 1999
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Big dealer
Article Abstract:
Tarmac has sold its housing division to Wimpey, in return for the latter's minerals and contracting divisions. However, Barry Myers, who was employed to head the restructured company has now resigned. The company has changed its logo and its workforce is being rationalised. Chief executive Neville Simms is confident that the UK economy and construction industry will improve.
Publication Name: Building
Subject: Construction and materials industries
ISSN: 0007-3318
Year: 1996
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