Owen Pugh looks to the future

Owen Pugh looks to the future

Owen Pugh is starting the new financial year with a new business structure to position the company for further growth; and the biggest pipeline of orders in its history.

The North Tyneside headquartered group, which is celebrating its 70th anniversary year, has established Owen Pugh Civil Engineering and Owen Pugh Services as divisions to incorporate all of the company’s civil engineering operations and associated services. 

The reorganisation is designed to streamline and more effectively communicate the full scope of Owen Pugh’s businesses, and to improve customer service across its operations.

The move comes as Owen Pugh starts the new financial year with its biggest order book since its formation in 1946 and a trend towards securing more main contractor work. 

The company is expected to announce an annual turnover of £37m for 2015 to 2016 which, based on the current pipeline of opportunities is expected to increase by around 10% in the next year.

Chairman John Dickson said: “The success of the Owen Pugh Group since its foundation in 1946 has been based upon continual development in our people, products and services.

“Now, in our 70th year we have embarked on a reorganisation which has been designed to realign our contracting businesses both internally and externally, to work more efficiently and effectively, and ultimately to provide a better service for our customers.  

“Having experienced some challenging times in recent years as a result of the recession and the more recent collapse of a number of major built environment businesses, we’ve seen a shift in recent months with optimism returning and stalled schemes starting to get underway. Owen Pugh is most certainly starting to reap the benefits of this. 

“We’re currently working on projects from highways schemes to housing developments and industrial projects right across the region and into North Yorkshire and, most significantly, we begin the new financial year with the most substantial pipeline of work we’ve ever had. The reorganisation of the business will help us to more effectively cope with this increased demand.”

Owen Pugh, which currently employs 420 staff across its operations expects to add to its headcount in the coming months in line with this growth.