Stewart Milne Timber Systems sees significant growth
Published: 03 February, 2014
Stewart Milne Timber Systems has announced new business wins worth more than £14m, during a period of significant growth for the business.
The timber systems expert has also experienced a year-on-year increase in quotations, up 50% on a 24-month rolling average in August and 30% in September.
New business for Stewart Milne Timber Systems came from across the UK, with notable wins in Devon, Cambridgeshire, Greenwich and Oxfordshire. These include a number of housing developments, one of which is to deliver 5,000 zero-carbon homes, a care home and a student accommodation project.
Alex Goodfellow, group managing director at Stewart Milne Timber Systems, said: “More and more developers are turning to timber frame for its versatility, cost effectiveness and energy efficiency.
“Timber frame can dramatically increase speed of build, making it an ideal choice for developers who need to increase their outputs quickly and ease cash flow. Using timber frame, developers are able to realise capital outlay on projects that are turned around quickly.
“Its inherent energy efficiency also makes it suitable for projects aiming to reach high sustainability targets, whether they are commercial or residential. With environmental standards for buildings set to rise soon, this is an important consideration for new developments.”
On the company’s contract wins, Mr Goodfellow added: “These new contract wins underline our robust growth and the fact that Stewart Milne Timber Systems is going from strength to strength, taking full advantage of the current upturn in the construction sector.
“We’re looking to build on this success with even more new business wins in the coming months. A rising number of contractors are specifying timber to harness the benefits it offers and this looks good for the future of the industry.”