A Northumberland utility infrastructure business has secured its first £1m contract, setting the firm on track to double turnover this year as well as take on new recruits.
Established in 2007, Service Connections builds and manages the construction of gas, water, electricity and telecommunications infrastructure.
The Corbridge-based business’s latest contract win involves the business in a mixed-use town centre regeneration project for Dransfield Properties, and comes at a time of rapid growth.
The firm will project manage and deliver the gas, water, electricity and telephony connections for the £42m scheme on a 28-acre site in Stocksbridge, near Sheffield.
Being built by Henry Boot Construction, it will deliver 114 new homes as well as 32 retail units and offices, which will create around 160,000sqft of commercial space.
Keith Macaulay, managing director at Service Connections, said: “We are delighted to win our first £1m contract which will mean turnover will more than double in 2015.
“It shows the strength of the construction industry recovery and allows us to invest in new people and new technology.
“A sound expansion model has enabled us to bid for and win new work and we will be recruiting new employees in the coming months.
“We have expanded our North East office and are considering potential office space in Yorkshire, which would provide us a base in an area that is extremely important to the business.”
Service Connections has won new contracts across the UK, with the largest proportion in the North and has seen projected turnover grow from £300,000 to over £2.25m in a single year.
The company is working on a number of high-profile residential projects across the North East at Corbridge, Benton, Seaton Burn, Seaton Delaval and Stanley.