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Sep/22 – Motherwell Bridge Scoops Gold Award for Health and Safety
Motherwell Bridge, the Lanarkshire-based engineering contractor, has been presented with a prestigious award recognising its distinguished track-record and commitment to health and safety in the workplace.
Jul/26 – Motherwell Bridge Secures $22m Liberian Contract
Motherwell Bridge, the Lanarkshire-based engineering contractor, has announced details of a major overseas contract that will involve the building and refurbishment of 19 oil storage tanks in Liberia, West Africa.
Oct/12 – Motherwell Bridge Divests Small Turn-Around Division
Motherwell Bridge Ltd, the Lanarkshire-based engineering contractor, has completed the divestment of its small turn-around division to Welsh company Unit Engineering & Constructors Ltd.
Headquartered in Humberside, the division specialises in providing teams of skilled men to carry out small, general engineering contracts on petrochemical sites.
Hugh Hayes, chairman of Motherwell Bridge, said: “Over the course of the past two years we have placed greater focus on our principal activities, namely the manufacture and maintenance of bulk storage tanks and heat exchangers, as well as materials handling projects in the UK, and gasholder projects abroad. As such, the small turn-around division was no longer a core part of the group.
“This arrangement benefits all parties involved. We will now buy-in certain services from Unit, but more importantly, the sale will preserve the 30 jobs on Humberside.”
Commenting on the recent performance of Motherwell Bridge, Mr Hayes said: “We continue to seek out opportunities at home and abroad, and have already received some exciting enquiries for 2010 and beyond.
“We have changed our financial year end to 31st December, to align with our Bahrain-based parent company, Kuwait Finance House (Bahrain), which has provided nothing but support since our acquisition in June 2008.
“In common with many other companies, we’ve had a challenging 2009. This has largely been due to the global problems in the steel producing industry, which has affected our short-term workload for the gasholder division. The low price of oil also impacted on some of our UK operations as it resulted in clients deferring expenditure, and the wildcat strikes at some sites also affected us financially.
“In spite of this, we have remained profitable, and have continued to meet all our debt repayments. In fact, we are currently £2 million ahead of our repayment schedule, and anticipate being further ahead by mid-2010.”
Issued by The BIG Partnership on behalf of Motherwell Bridge Ltd
For further information please contact:
Brian McClean, The BIG Partnership tel: 0141 333 9585 / 0775 4390 160
Jul/06 – Motherwell Bridge Backs Scotland’s Engineers of Tomorrow
Motherwell Bridge has ensured that Scotland will maintain its proud engineering tradition after lending its support to a unique initiative, aimed at encouraging schoolchildren to consider a career within the industry.
Jan/25 – Motherwell Bridge Starts Year With £6 Million Contract Wins
Motherwell Bridge has made a strong start to the New Year with the announcement of two contract wins with a combined value of £6 million