Despite reporting a contraction in the geotechnical market since last summer, Aarsleff Ground Engineering managing director Chris Primett has said he is optimistic for the future of the sector.
“There are plenty of opportunities still out there,” he told GE in announcing plans to expand Aarsleff’s UK office facilities.
“It is all too easy to revert to lock-down as many companies did at the start of the recession, but we believe that investment is essential both in people and resource – the office expansion is a part of this investment,” explained Primett.
Aarsleff has said that it is expanding its office complex in Nottinghamshire by 60% and refurbishing existing facilities as part of the company’s diversification into the precast ground beam and ground engineering markets. “The expansion has been part of our overall business strategy for some years and we’re delighted to be at a point in our operations where we are able to move forward with the build,” said Primett
According to Primett, government’s recent commitment to investment in infrastructure projects and recognition of this investments to the overall growth of the UK economy is encouraging and gives rise to his optimism.
“Projects such as HS2 should bring a steady and prolonged stream of foundation work of all sizes and not just the obvious large-scale jobs,” he said. “There is also much talk about investment in housing and, while this has yet to materialise in meaningful volumes, at some point I see this being a good source of business for us.
“In fact, I think there should be opportunities for many piling companies both small and large, but we must be ready and that means we must invest.”