Newry construction outfit builds on success as it announces contracts worth £80m
Newry construction and fit-out firm Mac-group has secured contracts worth more than £78m across the UK and Ireland in the last six months.
And the contractor, which is led by founder and chief executive Paul McKenna, has said one of its biggest deals has been to carry out a mixed-use development for a major hotel in Liverpool.
However, the company would not disclose the identity of the hotel operator.
Mac-group now has offices in Newry, Dublin, London and Birmingham, and it employs 140 people.
It's also in the middle of a recruitment drive to hire another 50 around the UK and Ireland.
In Liverpool the firm will be building and fitting out a new 200-bed hotel with shops and office space. Closer to home, it's recently completed a refurbishment of the River House office block on Belfast's High Street.
Mr McKenna said: "Our service offering includes construction and specialist fit out of commercial buildings and as a result we have won key greenfield and brownfield construction projects both here and in the UK."
In the Republic, the firm is also building 110,000sq ft of new office space at the former IPC House on Shelbourne Road in Dublin. And it's involved in a 1 million square foot logistics hub for Mountpark Logistics EU in Baldonnell, south Dublin. Mac-group is involved in building the first phase of the €40m hub.
"The Irish office market remains buoyant with take-up 19% above the five-year average in 2017," said Mr McKenna.
"Dublin city centre continues to be an attractive location for many FDIs and we're seeing businesses upsizing into long-term lease properties.
"Our existing order book is extremely healthy with a secured pipeline of work for 2018/19 which will help us to grow all aspects of the business, particularly in the UK fit-out and construction markets. We are well on track to achieving our forecast turnover of €185m for 2018."
Earlier this year the firm announced it had recorded a 67% rise in revenues to £94m for the year to December 31, 2017.
The growth had been driven by new projects in the Republic for multi-national clients such as Oracle, Jacobs and EY.