Announcement
Vulcan Industries : Contract Win
RNS Number : 0613Z
Vulcan Industries PLC
19 May 2021
Vulcan Industries plc
("Vulcan" or the "Company")
Contract Win
Vulcan Industries (AQSE: VULC) is pleased to announce new contract wins for M+G Olympic.
M+G Olympic, the wholly owned subsidiary of Vulcan, has recently won over £500,000 of new contracts for the installation of its new range of swimming pools. These installations range from 50m Olympic size municipal swimming pools to smaller private leisure pools.
Increased demand for leisure facilities during Covid-19 lockdowns has seen a significant increase in demand for bespoke swimming pool installations and M+G Olympic is perfectly positioned as one of the leading EXC2 certified designers, manufacturers and installers of custom built architectural metalwork specifically for swimming pools.
In addition, M+G Olympic has been short-listed for the prestigious "CE East Midlands building project and innovation of the year award" for its work on the landmark restoration and transformation of the Derby Silk Mill into the Museum of Making.
The Museum is the first of its kind to use the Integrated Project Insurance ("IPI"), the UK Governments new construction model of procurement. The Museum of Making is expected to attract around 140,000 visitors per year. M+G Olympic worked closely with both Lyon Architects and main construction contractor Speller Metcalf to create contemporary steel staircases, balustrades and walkways, which are sympathetic to the historical features of the Silk Mill whilst meeting the stringent safety requirements of a public attraction. The 16.4m project was supported with funding from the National Lottery Heritage Fund, Arts Council of England.
Ian Tordoff, Chairman, commented; "We are delighted by the progress the sales and estimating team are making at M&G. I understand the Silk Mill project team were particularly happy with the work from our drawing office too. As the country recovers we are making changes across the group to ensure Vulcan is fit and ready to meet the growing demand from its customers."
For further information, visit: https://vulcanplc.com
Contacts
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Vulcan Industries plc |
Via Vox Markets |
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Ian Tordoff, Chairman |
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John Maxwell, CEO |
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First Sentinel Corporate Finance Ltd (AQSE Corporate Adviser) |
+44 7876 888 011 |
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Brian Stockbridge |
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Gabrielle Cordeiro |
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Vox Markets (Media and Investor Relations) |
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Kat Perez |
+44 7881 622 830 |
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Paul Cornelius |
+ 44 7866 384 707 |
About Vulcan
Vulcan seeks to acquire and consolidate traditional but historically profitable engineering, manufacturing and industrial SMEs for value and to enhance this value in part through group synergies, but primarily by unlocking growth which is not being achieved as a standalone private company. Learn more at Vulcan Industries on Vox Markets .
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