Foundations for successful year laid by Creagh
The Co Antrim building products company Creagh Concrete has revealed that it has created more than 100 new jobs in 2015, its best year since the downturn.
Earlier this year, the Toomebridge-based firm enjoyed a turnaround in its fortunes after being hit by the downturn in the construction industry. It reported pre-tax profits of £3.08m to the end of March, compared to a £1.86m pre-tax loss in 2014.
Family-owned Creagh, founded in 1976, employs 650 full-time staff and sub-contractors, across seven locations in Northern Ireland, England and Scotland.
The company has a busy schedule of work and by the end of the year will have completed more than 3,000 contracts of varying sizes.
Some 80% of its turnover relates to projects outside Northern Ireland.
It's currently working on a £12m contract for a major apartment complex in Aberdeen, a £2.1m car park in Leeds and a £1m school project in London. Locally, it's completing a £3m flooring project at the new Ulster University campus in Belfast. Further infrastructure and construction projects are in the pipeline for the next few months.
Managing director Seamus McKeague said: "Like many companies, Creagh has not been immune to the ongoing world-wide economic problems, but over the past year we have looked at every aspect of the company and implemented significant change with a view to building a business with a positive future.
"We now look forward with real optimism for future opportunities with a corporate sense of sustainability and strategic growth."
Creagh Concrete has a number of specialist divisions working within each sector of the construction industry. The company's core product range is precast products and prestressed flooring, with systems designed for commercial or residential applications.
Mr McKeague said the Aberdeen project, Dandara Apartments, has been one of the most exciting jobs the company has worked on recently.
"It's a real achievement to complete this contract consisting of 380 luxury apartments within four tower blocks on Stoneywood Estate," he said. "This residential scheme was a major logistical exercise with Creagh undertaking design, manufacture, delivery and installation.
"The project used nearly 11,000 tons of brick and acid-etched panels manufactured in our Toomebridge facility, and 24,500m squared of flooring from our Ardboe factory. It was all shipped to Aberdeen on a 'just in time' delivery sequence and we will complete the project on time and on budget by January."
Creagh's head office is in Toomebridge. It also has bases in Ardboe, Dunloy, Draperstown and Magheraglass, and also in Nottingham and Edinburgh, It is one of the biggest manufacturers of concrete products in the UK and Ireland.