Crossrail

Tommy Wakefield-Smith Joins FTI Consulting’s Construction Solutions Team in Australia

Retrieved on: 
Sunday, September 10, 2023

BRISBANE, Australia, Sept. 10, 2023 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Tommy Wakefield-Smith as a Senior Managing Director within the firm’s Construction Solutions practice in Australia.

Key Points: 
  • BRISBANE, Australia, Sept. 10, 2023 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Tommy Wakefield-Smith as a Senior Managing Director within the firm’s Construction Solutions practice in Australia.
  • A member of the Academy of Experts since 2012, Mr. Wakefield Smith is recognised by Who’s Who Legal as a highly regarded Construction Expert Witness.
  • In his role at FTI Consulting, Mr. Wakefield-Smith will provide expert forensic delay analysis, project planning and project controls services in support of lawyers and industry clients in Australia and internationally.
  • “In today’s increasingly complex construction environment, our clients turn to us for advice across all phases of a project life cycle,” said Stephen Rae , Head of the Construction Solutions practice in Australia.

L.B. Foster Reports Fourth Quarter / Full Year 2022 Results, Full Year Financial Guidance for 2023, and $15 Million Stock Buyback Authorization

Retrieved on: 
Monday, March 6, 2023

Net sales for the 2022 fourth quarter were $137.2 million, a $24.2 million increase, or 21.4%, over the prior year quarter.

Key Points: 
  • Net sales for the 2022 fourth quarter were $137.2 million, a $24.2 million increase, or 21.4%, over the prior year quarter.
  • Net operating cash flow in the 2022 fourth quarter totaled $8.3 million, a $2.3 million increase compared to the prior year quarter.
  • Gross profit for the 2022 fourth quarter was $26.8 million, a $7.7 million increase, or 40.7%, from the prior year quarter.
  • Adjusted EBITDA1 for the 2022 fourth quarter was $7.5 million, a $4.3 million increase compared to the prior year quarter.

Chinachem Group Confirms with Helical The Purchase of a London Office Building at £158.5 million

Retrieved on: 
Thursday, September 8, 2022

The lease from Transport for London was granted in 2018 and has a head rent geared to 10% of contracted rents.

Key Points: 
  • The lease from Transport for London was granted in 2018 and has a head rent geared to 10% of contracted rents.
  • This transaction marks the Group's first overseas acquisition, which will help drive its portfolio diversification and sustainable growth.
  • ft. office building sits above the Farringdon East Crossrail Station.
  • We will now seek to recycle the proceeds from the sale into delivering new highly sustainable 'best-in-class' Central London office schemes, where occupier demand remains strong."

Chinachem Group Confirms with Helical The Purchase of a London Office Building at £158.5 million

Retrieved on: 
Wednesday, September 7, 2022

The lease from Transport for London was granted in 2018 and has a head rent geared to 10% of contracted rents.

Key Points: 
  • The lease from Transport for London was granted in 2018 and has a head rent geared to 10% of contracted rents.
  • This transaction marks the Groups first overseas acquisition, which will help drive its portfolio diversification and sustainable growth.
  • ft. office building sits above the Farringdon East Crossrail Station.
  • We will now seek to recycle the proceeds from the sale into delivering new highly sustainable best-in-class Central London office schemes, where occupier demand remains strong.

Bechtel boosts education support to celebrate 70 years in the UK

Retrieved on: 
Friday, July 15, 2022

LONDON, July 14, 2022 /PRNewswire/ -- Bechtel has donated an additional £50,000 to the Institution of Engineering and Technology for its Launch Scholarship programme in celebration of the company's 70 years in the UK. The Launch Scholarship supports engineering students, degree apprentices, and apprentices who have faced financial challenges or personal obstacles. Bechtel's donation will support at least eleven students every year for the duration of their education. The donation adds to the £680,000 (US$970,000) that Bechtel has gifted to the IET for its Science, Technology, Engineering and Mathematics educational outreach over the past decade.

Key Points: 
  • Bechtel's donation will support at least eleven students every year for the duration of their education.
  • "This year's additional donation will enable us to support even more young people on their academic or apprenticeship path into engineering.
  • We thank Bechtel for its continued support of the next generation as they each pursue their dreams."
  • Bechtel also supports FIRST programs in Australia, Chile, and the United States.Read more about FLL in the UK here .

Bechtel's 2021 business results reflect focus on partnerships and sustainable outcomes

Retrieved on: 
Tuesday, May 24, 2022

RESTON, Va., May 24, 2022 /PRNewswire/ -- Bechtel, a trusted engineering, construction and project management partner to industry and government, released its Annual Report highlighting the company's focus on partnering with customers across the globe to accelerate progress to a safer, cleaner, and more equitable future. The company is working with commercial and government customers to deliver projects with purpose that build pathways to Net Zero, create access and opportunity for people and communities, protect people and the planet, and solve some of the world's greatest challenges to accelerate progress and innovation.

Key Points: 
  • "I am proud of the progress we made in 2021 and am very excited about the future," said Chairman and CEO Brendan Bechtel.
  • "We faced unprecedented global disruptions head on and collaborated with our customers to deliver outstanding results.
  • Thank you to all our Bechtel colleagues, customers, suppliers, partners, and communities for our continued shared success.
  • We continue to invest and focus our efforts on meeting these worthy aspirations for existing and new customers alike."

K-Form Welcomes UK-New Zealand Free Trade Agreement

Retrieved on: 
Monday, February 28, 2022

BRIDGEND, Wales, Feb. 28, 2022 /PRNewswire/ -- K-Form has today issued a statement welcoming the Department for International Trade's free trade agreement with New Zealand.

Key Points: 
  • BRIDGEND, Wales, Feb. 28, 2022 /PRNewswire/ -- K-Form has today issued a statement welcoming the Department for International Trade's free trade agreement with New Zealand.
  • "As a Welsh manufacturer, we applaud the government in its efforts of securing this trade deal with New Zealand," said Amanda Amoui, Managing Director at K-Form.
  • We believe this agreement will help facilitate trade between two countries that share deep ties of history, culture and values.
  • Free trade agreements like the New Zealand deal help to cut red tape, remove punitive tariffs and are a crucial shot in the arm for our own national exporting ambitions.

K-Form Announces Exclusive Partnership with Omnis Panels in the US

Retrieved on: 
Thursday, February 10, 2022

K-Form's revolutionary formwork system is used for screed rail, concrete slab forming work, and concrete paving. Its versatile, innovative, and sustainable plastic shuttering system saves time, money, and labor -- while enhancing the aesthetic finish of the concrete slab. 

Key Points: 
  • BRIDGEND, Wales and CHICAGO, Feb. 10, 2022 /PRNewswire/ -- K-Form , a leading manufacturer of concrete formwork systems, today announced that it has signed an exclusive partnership with Omnis Panels LLC ("Omnis") to distribute its innovative plastic shuttering system in the United States.
  • "We are delighted to partner with the talented team at Omnis to expand our US presence," said Amanda Amoui, Managing Director at K-Form.
  • Omnis has a strong track recordof partnering with leading companies and leveraging its best-in-class network to bring innovativesolutions to the US market.
  • Headquartered in Chicago, IL, Omnis Panels LLC is a national partner for innovative and sustainable building products.

Sir Adrian Montague to Join Porterbrook as Chairman

Retrieved on: 
Tuesday, June 30, 2020

LONDON, June 30, 2020 /PRNewswire/ -- Porterbrook today confirmed that Sir Adrian Montague will be joining the rail asset management company as Chairman of the Board on 1 July, 2020.

Key Points: 
  • LONDON, June 30, 2020 /PRNewswire/ -- Porterbrook today confirmed that Sir Adrian Montague will be joining the rail asset management company as Chairman of the Board on 1 July, 2020.
  • Sir Adrian recently retired as Chairman of Aviva PLC and is currently Chairman of Cadent Gas, Manchester Airports Group, and TheCityUK Leadership Council.
  • Sir Adrian brings over four decades of experience across transport, infrastructure, and financial services, having previously served as Deputy Chairman of Railtrack and Chairman of Cross London Rail Links, the precursor to Crossrail.
  • Mary Grant, CEO of Porterbrook said: "I am delighted that Sir Adrian Montague is joining Porterbrook.

FER0768545

Retrieved on: 
Friday, August 23, 2019

The complainant requested information concerning the Crossrail 2 project specifically in relation to one of its proposed routes. The public authority withheld the information held within the scope of the request relying on the exceptions at regulations 12(4)(d) and 12(5)(e) EIR. The Commissioner concluded that the public authority was entitled to rely on the exception at regulation 12(5)(e) but not the exception at regulation 12(4)(d).

Key Points: 
  • The complainant requested information concerning the Crossrail 2 project specifically in relation to one of its proposed routes.
  • The public authority withheld the information held within the scope of the request relying on the exceptions at regulations 12(4)(d) and 12(5)(e) EIR.
  • The Commissioner concluded that the public authority was entitled to rely on the exception at regulation 12(5)(e) but not the exception at regulation 12(4)(d).