09 December 2010
Companies working in the construction industry must be quick on their feet if they are to win new business in the next 12 months.
That’s the view of Julie White, the managing director of D-Drill which is based in Shilton just outside Coventry.
The firm, which has expertise in diamond drilling, sawing and surface preparation, has offices right across the UK.
White is convinced there will be enough work in a ‘tighter’ market to carry on growing but says contractors, sub-contractors, service providers and suppliers can ill afford to stand still.
“Activity is going to be constrained but there will still be activity,” she said. “We have to understand that some projects are not going be funded but those that are in the right place at the right time and are commercially viable will get the go ahead.
“The cut in public sector spending has already had an impact on the industry and that will continue. Public construction and infrastructure work will decrease and that will release capacity onto the market.
“The private sector will not be able to plug the gap, however, in the short or even medium term.
“We do, however, anticipate a general swing towards refurbishment projects and that could be a positive for D-Drill rather than a negative.
“There might not be lots of new build work around in, say, the retail sector but businesses will have to think about how they attract customers who are becoming increasingly happy to shop online.
“So in our sector, we have to seek those opportunities and move quickly on our feet. We’ve had to be flexible and offer value-for-money over the years and that will remain the case.”
Published by Midland Insider Magazine
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