Sheffield-based utility infrastructure provider Fulcrum has launched a major expansion of its operations, which will lead to significant workforce growth.
All the elements of its utilities projects across England and Wales, from initial consultations through to project completion, will be directly managed in-house from April 1, after the conclusion of a previous deal with infrastructure services provider McNicholas.
The Sheffield-based business, which is the only independent utilities infrastructure provider covering the whole of Britain, designs and delivers water, gas and electric pipelines and connections and recently announced its first operating profit after a major restructure.
In this latest move, people employed by McNicholas under the current structure will be transferring to Fulcrum, significantly increasing the size of the Company’s workforce.
In this latest move, people employed by McNicholas under the current structure will be TUPE transferred to Fulcrum, doubling the size of the company’s workforce to over 230.
Fulcrum chief executive officer Martin Donnachie said: “Our move to take direct management of our delivery is a logical step in enabling us to provide the best customer service in the industry. In particular, the change makes Fulcrum more agile in terms of how it will deliver for its customers.
“Operating as one organisation will also allow us to accelerate some of our other plans such as improving our multi-utility capability.
“The new approach will be profit enhancing in the financial year ending March 2016 and thereafter.
“This move has been mutually agreed by Fulcrum and McNicholas, who we have enjoyed working with over the last few years. I firmly believe that we could not have had a better partner than McNicholas to enable us to reach this point and I would like to thank them for their significant contribution.”
Barry McNicholas, chief executive officer at McNicholas, said: “We are delighted to have partnered Fulcrum on their journey up to this point and we wish them every success in the future.
“We will continue to provide full support and will work constructively with Fulcrum throughout the transition period.”