first_imgSubscribe to Building today and you will benefit from:Unlimited access to all stories including expert analysis and comment from industry leadersOur league tables, cost models and economics dataOur online archive of over 10,000 articlesBuilding magazine digital editionsBuilding magazine print editionsPrinted/digital supplementsSubscribe now for unlimited access.View our subscription options and join our community Subscribe now for unlimited access Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.Limited access to building.co.ukBreaking industry news as it happensBreaking, daily and weekly e-newsletters Get your free guest access  SIGN UP TODAY To continue enjoying Building.co.uk, sign up for free guest accessExisting subscriber? LOGINlast_img read more

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first_imgSWITZERLAND: Stadler says its expansion into new geographical markets and industry sectors paid off in 2016, when it received a ‘record-breaking’ number of orders with a total value of SFr4·9bn, more than double the 2015 figure. Turnover and profit were ‘in line with the long-term average’, the company said on June 7. The company has now almost regained the strength it had before being hit by the effects of the 2015 ‘Frankenschock’ which removed the franc to euro exchange rate cap.‘I am pleased that Stadler was able to overcome the challenges of the Swiss currency crisis in recent years’, said owner & CEO Peter Spuhler. ‘The removal of the Swiss franc’s exchange rate cap resulted in a collapse of the margins. The package of measures decided upon was well received by the workforce and brought the employees even closer together. This has allowed us to make it through the crisis stronger than before and remain on a healthy footing.’Stadler expects the rolling stock market to grow as a result of increasing populations and the need to update infrastructure. It also expects competion to increase, with Chinese suppliers putting pressure on margins, and plans to counter this by using its balance sheet and expertise to innovate and invest in new products.The group now has 7 300 employees, of which 3 000 are based in Switzerland. Utilisation levels at its plants are ‘for the most part’ good, with 2016 seeing a significant improvement at the Minsk plant which now has a ‘solid level of basic utilisation’ after previously being hit by the fall in the Russian rouble.The Stadler Chemnitz business has been formed to provide engineering services, while the Solaris Tram joint venture in Poland and will submit bids in the central European market through a consortium managed by Stadler. The services business is also growing, with the contract to supply 52 EMUs for the UK’s Merseyrail being Stadler’s first where the long-term maintenance element is worth more than the vehicle order. Stadler in numbers Year20062007200820092010201120122013201420152016 Orders, SFr billion 2·6 1·312·871·30·72·62·92·14·9 Turnover, SFr billion0·791·241·07 1·061·091·392·42·5 2·052·1 Employees2 0002 3002 4002 4003 5004 5005 0006 0006 0007 0007 000last_img read more

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first_imgNewcastle’s shocking start to the new Premier League season proves that the widespread criticism of axed boss John Carver last year was unfair, claims former midfielder Lee Bowyer.New Magpies manager Steve McClaren has endured a torrid start in the St James’ Park hotseat, with his side currently tied at the bottom of the Premier League after their winless run continued with a 2-1 home defeat to top flight new boys Watford on Saturday.Stand-in boss Carver was slammed by fans and pundits alike as a Newcastle team severely lacking in confidence barely escaped the clutches of relegation last year.Toon chiefs duly allowed new man McClaren to strengthen the squad with just under £50m on new arrivals in the transfer window, but the summer signings have done little to raise to mood on Tyneside.“It just shows you that the criticism John Carver was getting last year was unjustified,” former Magpies star Bowyer told the Alan Brazil Sports Breakfast.“You can only work with the squad you’ve got. Steve McClaren has bought in some of his own players and one or two of them look ok, but to bring in foreign players again when you already had loads there – it’s a tough league to hit running and not a lot of players get it.“It’s just a tough time for Newcastle at the moment, but I think Mclaren will get it right in the end.“Hopefully the crowd will stay behind them because they’ll play a big part of their success this season.“If the players work hard and graft, and you walk off the pitch having given 100 per cent, that’s all they ask for.“I was there when they played Arsenal – every player gave 100 per cent and they crowd applauded them off. They don’t mind so much if they lose, obviously they’d rather win, but it’s the effort they want from their players.“This weekend, that didn’t happen though.” 1 Former Newcastle manager John Carver last_img read more

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first_img 20th Anniversary Celebration for Steve Ayres (Photo by Meredith Stewart) 1 of 14 Stephen T. Ayres, guest of honor, speaks at his 20th Anniversary Celebration 20th Anniversary Celebration for Steve Ayres (Photo by Meredith Stewart) Lisa and Stephen Ayres Steve with Matt and Merita (Photo by Meredith Stewart) Junior warden Christine Clements speaking Bishop Gail Harris and Rev. Stephen Ayres 20th Anniversary Celebration for Steve Ayres (Photo by Meredith Stewart) Carol Ball (center) with Steve and Lisa Ayres Lisa Ayres (center) with Woodie Haskins and his wife Andrea Mattisen-Haskins Steve Ayres with Anne Bailey Berman-Chair, Old North Foundation Senior warden Jane Olszewski and Steve Ayres 20th Anniversary Celebration for Steve Ayres State Rep. Aaron Michlewitz presents citation from the State House to commemorate Stephen T. Ayres 20th Anniversary at Old North Church Steve Ayres 20th Anniversary Celebration Old North Church congregation and friends came out on Monday night to honor Rev. Stephen T. Ayres and his 20th Anniversary as Vicar of the Old North Church in Boston’s North End. Steve also serves as Executive Director of the Old North Foundation, the cultural arm of the historic landmark property.Stories were told, roasts were made and Steve’s work was praised as both the leader of Old North’s Episcopal church congregation and the Foundation’s mission for the iconic revolutionary landmark that hosts several hundred thousand visitors each year.A proclamation was read from Mayor Walsh proclaiming November 6th as “Steve Ayres Day” in the City of Boston. Rep. Aaron Michlewitz also presented a citation from the Massachusetts State House in honor of the 20th Anniversary. Speaking from the Episcopal diocese were Bishop Alan Gates and Bishop Gail Harris along with congregation members Woodie Haskins, Hon. Carol Ball, Sr. Warden Jane Olszewski and Jr. Warden Christine Clements and Old North Foundation Chair Anne Bailey Berman. Steve was joined at the celebration by his wife, Lisa and son, Matthew.*Advertisement*last_img read more

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