News | Page 19

Bournemouth-headquartered retirement home developer McCarthy & Stone is undergoing a full organisational review that could put up to 90 jobs in jeopardy, a news report in the local business media has revealed. The company said it was instigating the review with the goal of creating a more profitable, scalable and effective business, with changes expected to impact a number of individual roles, primarily in its head office, and a more limited number across the company’s five regional offices.

A total of forty-one jobs have been saved as Bristol-based Avon Barrier Company was bought out of administration, a news report in the local business media has revealed. The company, a manufacturer of security barriers, road blockers, gates and bollards, collapsed back on 7 February 2014, with administrators from Deloitte being appointed in order to sort out its finances.

Matrix Solutions UK Ltd, a property refurbishment and maintenance company based in Bradley Stoke with additional sites in Taunton, London and Leeds, was forced to call in administrators after running into financial trouble over the past couple of months, a news report in the local business media has revealed.

Bristol mayor George Ferguson has presented his future plans for investing in the city’s development, with one of the most ambitious parts of this project being the development of a new indoor arena worth 91 million pounds.

Dairy products giant Arla Foods has recently announced development plans worth an estimated £243m and designed to further boost the company’s production capabilities, a new business media report has revealed.

Plans for building a brand new £25m research centre for the Plymouth University Peninsula Schools of Medicine and Dentistry have been fully revealed, a new report in the local business media has revealed.

The Midas Group was selected as the preferred contractor for a new £11.6m green business park set to be located in Filwood, South Bristol, a new report in the local business media has revealed.

A group of high-profile residential developers decided to join forces for the creation of a brand-new town on a 1,200 acre site near Plymouth, a new report in the local business media has revealed.

Watkins Hire, an equipment rental company based in Lydney, Gloucestershire, has managed to secure a £10.1m investment from Baird Capital in order to grow its rental fleet and invest in engineering, service and operational infrastructure, a brand new report in the local business media has revealed. Established in 1998, Watkins Hire supplies heaters, boilers, generators, chillers, air conditioning units and fuel tanks to companies across the UK.

Hydraulic power pack manufacturer Hydraproducts has recently revealed plans to increase production after doubling the size of its Gloucester base, a brand new report in the local media has revealed.

Infrastructure services delivery company Amey has managed to secure a very lucrative contract for managing and maintaining Gloucestershire’s network of almost 10,000 km of roads, as well as providing highway improvement programmes and winter maintenance services, a news report in the local media has revealed.

North Devon Council received an outline planning application from Resign Ltd for a project dubbed the Ilfracombe Southern Extension that involves up to 750 homes and a district centre, a brand new report in the local media has revealed.