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Wednesday, December 30, 1998 Published at 12:56 GMT
Business: The Company File
McAlpine builds Chunnel link
McAlpine will extend the Chunnel rail link between the Medway river and Kent
Housebuilder and construction group Alfred McAlpine has secured £104m worth of new building contracts, including an £80m deal to build part of the Channel Tunnel Rail Link.
The tunnel deal was won jointly with construction group Amec and will see McAlpine construct the stretch of track between the Medway river and Fawkham in North Kent. The contract was awarded by Union Railways and the project managers for tunnel link, Rail Link Engineering. Shares in McAlpine jumped 7.5p to 146 on the news.
McAlpine group also announced a £14m deal to reconstruct motorway and main road junctions near Northampton as part of a commercial development at Grange Park.
The company's Civil Engineering division's plant management business has also won a £10m contract from Tarmac Quarries to run facilities at three quarries for a period of six years.
Ian Grice, managing director of Alfred McAlpine Civil Engineering, said he welcomed the deals from "such a broad spectrum of clients".
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Channel Tunnel Publications AMEC Alfred McAlpine |
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