Company targets £200m turnover and 1,000 staff
Toomebridge headquartered concrete products manufacturer Creagh Concrete has invested £1m in new offices to accommodate the company’s growing workforce.
One of the UK’s largest producers of concrete products for a range of market sectors, Creagh operates from five sites across GB and Northern Ireland, including its head office and largest manufacturing site in Toomebridge.
Privately owned by the McKeague family, the company has grown significantly in the past two years to now employ over 700 staff, including 300 at its primary location. To accommodate the expansion, a new 6,500 sq. ft. office block has now been completed next to The Elk complex on the Hillhead Road and staff from Creagh’s Rapidres team have moved in. This team are responsible for the design and delivery of prestigious, offsite bespoke concrete building systems.
Creagh Concrete’s Chief Executive, Seamus McKeague, said: “We’re proud to open these new offices, which were needed because of the rapid growth of the business. In recent years Creagh has moved from being just a concrete and materials supplier to a specialist subcontractor, which has opened up new opportunities. Today, some 85% of our turnover comes from Great Britain and we are also seeing new opportunities unfolding in the Republic of Ireland.
“We believe that Creagh is leading the market with innovation in concrete, providing new solutions across the construction industry. Our turnover to 31 March 2020 will be £110m and, based on the pipeline of contracts secured, we expect turnover to grow to £200m by 2020/21. We hope to increase direct employment to 1,000 in the next year, growth which will support a lot of additional employment in our local community.”
Creagh Concrete’s latest construction projects include Circle Square, a six-storey hotel on top of a 9-storey car park in Manchester and St. Martin’s Place, a 17-storey premium residential development in Birmingham, both due for completion soon. Other multimillion–pound contracts won recently include a 7–storey apartment block in Chatham Waters, Kent, a 17-storey five-star hotel in Portland Street, Manchester and a 14-storey apartment block in Sutton Court, Surrey.
Mr McKeague added: “We have seen many good Northern Ireland based companies who have gone out and found new markets. In some sectors they have become dominant players. Many are our customers and we have followed their lead to help us identify new opportunities.
“Today, we have active jobs from the north of Scotland to Southampton and we are able to service those jobs because we have invested in manufacturing bases in England, Scotland and Northern Ireland.”
Creagh Concrete has the largest prestressed manufacturing plant in the UK and has gained market share due to the efficiency and performance of its products, including its Spantherm thermally efficient flooring and Rapidres, an offsite fast-track build system.
At present the company is recruiting for a few technical roles, including structural engineers, REVIT technicians, CAD detailers and technical sales representatives.
More information can be found at www.creaghconcrete.co.uk