Balfour Beatty

Balfour Beatty | September 16, 2019

Balfour Beatty has secured a £70m contract to deliver overhead line works in the west of Scotland on behalf of Scottish Hydro Electric Transmission. The two year overhead line works contract will see Balfour Beatty design, construct and engineer the new 37km, 275kV double circuit overhead line, which will connect the two Argyll towns of Inveraray and Lochgilphead. The contract forms the first phase of SSEN Transmission’s Inveraray to Crossaig project to reinforce the existing transmi...

Balfour Beatty | March 11, 2020

Five years into its business transformation programme, Balfour Beatty’s numbers are looking solid and its UK Construction business is finally achieving industry standard margins. However, a planned share buyback has been delayed until the stock market calms down from its current coronavirus-induced unrest. Balfour Beatty financial results for the year to 31st December 2019 show that group pre-tax profit was up 12% to £138m on revenue up nearly 8% to £8,411m. Year-end net cash t...

Construction

Balfour Beatty | January 31, 2022

The Museum of Science & History (MOSH) announced the selection of Balfour Beatty and Stellar as a joint venture to lead construction management for the MOSH Genesis project.Balfour Beatty and Stellar will oversee all vertical construction for the $85 million project, which will bring a new Museum to the Shipyards East area on the Northbank of Downtown Jacksonville. Plans for the new Museum comprise 130,000 square feet for exhibitions, programs and events along with a new-and-improved space f...

Fast Company | January 17, 2020

In an effort to build a more sustainable future, architects and policy makers are nodding to the past with structures entirely made of timber. From a 70-story timber skyscraper in Tokyo to an all-wood, 200,000-plus square foot university residence hall in Arkansas, constructions that have eschewed steel and concrete for forest-grown materials have been sprouting up across the world. Next up in this timber trend: a Copenhagen neighborhood built fully with wood, with housing for 7,000 people, a sc...