ISG Jackson - General Other - Ipswich
Date: 05 Aug 2008
Set against the backdrop of the 'credit crunch' and growing economic uncertainty, Ipswich-based main contractor, ISG Jackson, is bucking the trend with a record £170 million forward order book extending into 2010. The construction company is also celebrating after being selected as the preferred contractor for one of Suffolk's largest ever projects - the £59 million South West Ipswich and South Suffolk (SWISS) Sixth Form Centre.
ISG Jackson is one of Ipswich's largest employers and part of ISG, an international provider of new build, refurbishment, fit out and project management services with a £1 billion turnover. Since its acquisition by ISG in 2005, ISG Jackson has been a consistently strong performer within the group, delivering impressive year on year growth in turnover, profitability and its forward order book. Long term growth and visibility is key to the continuing success of the business, with the contractor already securing some 85 per cent of its budget for the current financial year, which only commenced at the start of July.
The business has announced plans to open two new regional offices this year, one in Kent and a location in Cambridgeshire, to help support its ambitions to secure increasing opportunities within the South East region and across Cambridgeshire. The contractor is already enjoying considerable success in Kent and is currently working on a £19 million retirement village set within the 450 acre Mote Park estate, which is scheduled for completion towards the end of next year.
ISG Jackson has also recently secured a £6.6 million project to upgrade and enhance perinatal facilities at Homerton University Hospital in Hackney and a £9.4 million scheme to build a new Operations Centre at the Hanningfield Treatment Works facility close to Chelmsford in Essex. Specialist division, ISG Jackson Special Projects, is also involved in numerous key note schemes, including its high profile £4 million Princes Street office development in central Ipswich and contracts valued at over £1.5 million at Addenbrookes Hospital in Cambridge. The division is also adding to its expanding trophy cabinet, recently securing a national architectural RIBA award for its Wysing Arts Centre in Bourn, Cambridge.
Bernard Clarke, managing director of ISG Jackson, commented: "I'm once again delighted to report that the business continues to perform in line with our expectations and turnover is now at a record all time high. Exciting new developments, with the establishment of two new regional offices - a first for the company, will further expand the company's geographical sphere of influence and create greater visibility for the brand.
"It is essential that we continue to invest in the business and most importantly its assets, our staff who work so hard to make ISG Jackson the success that it is. Our management trainee programme is an excellent proving ground, delivering well rounded, professional and passionate individuals into the business and through the Academy, we continue to provide our staff with unrivalled access to educational and training resources to match their future aspirations.
"Despite the current challenging market conditions, ISG Jackson continues to be a strong performer, with a diversified business model, excellent industry credentials and the strength and depth of a skilled and highly experienced team of professionals consistently delivering outstanding projects. The volume and quality of opportunities across all sectors remains high, framework partnerships continue to provide an important pipeline of work for ISG Jackson, as does our ability to secure repeat business from satisfied clients."
ISG Head Office
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