The number of cranes on the Dublin skyline is expected to increase in the near future.

Construction group BAM has purchased six new cranes in a €3 million deal that offers further evidence of a recovering economy.

The deal means that BAM (formerly Ascon) now owns thirty cranes in total.

Bam’s plant manager Tommy Flaherty said the Wolffkran cranes would go into immediate use on projects, which include a five-storey modern block on the corner of Dawson Street and Molesworth Street in Dublin, the court building in Waterford city and the Capital Cinema in Cork.

“This purchase meets a vital need for BAM. We have seen a real upswing in our construction activity recently and resurgence in areas such as commercial office building activity, said Mr Flaherty.

Cranes are seen as a good measure of economic growth and therefore BAM’s acquisition will likely be warmly welcomed.

According to The Irish Times’s monthly survey, there were 40 cranes visible over the centre of Dublin from the seventh floor of the media group’s building on Tara Street on April 1st. This represents a drop of four on the previous month.

With the economy expected to continue its strong recovery this year and a number of significant developments due to enter the construction phase shortly, it is expected that the number of cranes on the Dublin skyline will increase in the near future.

Source: http://www.irishtimes.com

April 28, 2016
image-2

Sky’s the limit as construction group BAM buys cranes

The number of cranes on the Dublin skyline is expected to increase in the near future. Construction group BAM has purchased six new cranes in a €3 million […]
April 27, 2016
image

CRH sees first-half operating earnings nearing €1bn

Building materials group’s sales in its first quarter rise 9% on year CRH, Ireland’s largest publicly-quoted company, said it sees its first-half operating earnings to grow […]
April 27, 2016
PANews BT_P-2649a208-eed6-4d14-96db-10cac8efdc36_I1

Call for measures to support construction industry in Northern Ireland

Northern Ireland’s supply of skilled workers could be permanently damaged unless the next batch of ministers support the construction industry, builders said. Politicians need to set […]
April 26, 2016
1_212791_Water-Treatment-Plant

New Water Treatment Plant To Be Developed In Co Laois

A new water treatment plant is to be developed in Portarlington, Co Laois. Irish Water has teamed up with Laois County Council and is to invest […]