Amanufacturing company has booked in £12million of new business with its piling and foundation business in Bentley.
Including the business brought in at Bentley Works, Skanska UK announced more than £1billion of new work last year, as well as an increased operating profit of 3.4 per cent which puts the company in the upper quartile for the industry.
The company is also set to create a jobs boost in Doncaster as part of its £11.6million scheme to modernise the Bentley Works which will create 72 temporary construction jobs and expand the site to accommodate a further 62 permanent employees.
This is in addition to 1,200 new jobs created by the company last year.
The scheme will modernise the Bentley works site with new workshops and offices, and is in addition to a £1.6million Government grant, secured by the company in June 2013.
Skanska UK president and ceo Mike Putnam said: “We are now looking forward to a period of planned growth and expansion thanks to the strategic choices made as part of our business plan and growth in our chosen sectors.
“There are major opportunities on the horizon and I am very optimistic about the future.”
He added: “We have weathered the economic recession well, securing strong results throughout the last five years.
“The market is improving and we have secured or been named preferred bidder on a significant amount of work.
“When we take this into account, we are in a strong position going forward.”
The project in Bentley, which is set to be completed in 2015, is seen as one of Skanska’s strategic growth areas, and is one of three commercial development projects undertaken by the company across the country.
Skanska bosses say it will also become the company’s first ‘deep green’ project, combining renewable techniques like rainwater harvesting, with on-site power generation from photovoltaic roof panels, making the site energy eicient with almost a zero impact on the environment.
The offices and workshops are set to become a hub for Skanska’s business in the north of England and will support its 2015 business plan to promote regional growth.
Skanska is also looking to expand the business in the water sector, and has secured the Thames Water AMP6 five-year framework, which is worth approximately £80million per year to the company from 2015.