Costain Group PLC Costain expands to new technology centre
June 14 2018 - 1:00AM
RNS Non-Regulatory
TIDMCOST
Costain Group PLC
14 June 2018
Costain Group PLC
("Costain" or "the Group" or "the Company")
Costain to move to new technology centre in North Somerset
14 June 2018
Costain, the smart infrastructure solutions company, is
expanding its technology centre with a move to new accommodation on
the Weston Gateway Business Park near Worle, North Somerset.
By the end of the year, some 150 colleagues will have relocated
from Yatton to the new business park just off junction 21 of the
M5.
The Group acquired the current Yatton technology facility in
2016 and its operations have gone from strength to strength since
then. From an initial focus on highways, providing technology
solutions such as motorway signage, signalling and CCTV systems,
Costain has broadened its activities and is now providing cutting
edge technology solutions to clients across all its operations in
water, transportation and energy.
This news comes on the back of a number of additional technology
contract wins announced by the Group over the past month. They
include the M6 J21a-26 smart motorway contract and Motorway
Incident Detection and Automated Signalling (MIDAS) technology
systems contract for Highways England.
Commenting on the move, Andrew Wyllie CBE, chief executive
said:
"The further expansion of our technology capability through this
enlarged Group-wide facility, is another important step towards
establishing Costain as the UK's leading smart infrastructure
company."
ENDS
Enquiries:
Costain Tel: 01628 842 444
Andrew Wyllie CBE, Chief Executive
Tony Bickerstaff, Chief Financial Officer
Catherine Warbrick, Investor Relations
Director
Sara Lipscombe, Group Communications
Director
Instinctif Tel: 020 7457 2020
Mark Garraway
James Gray
Notes to Editors
Costain helps to improve people's lives by deploying
technology-based engineering solutions to meet urgent national
needs across the UK's energy, water and transportation
infrastructures. We have been shaping the world in which we live
for the past 150 years.
The Group's 'Engineering Tomorrow' strategy involves focusing on
blue chip clients in chosen sectors whose major spending plans are
underpinned by strategic national needs, regulatory commitments or
essential maintenance requirements.
Costain's 4,100 people, who are committed to high performance
and safe delivery, are working on a number of high profile
contracts in the UK incorporating a broad range of innovative
services across the whole life-cycle of our clients' assets and
does so through the delivery of consultancy, technology, asset
optimisation and complex delivery services.
For more information visit www.costain.com
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END
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