It’s that time of year, when Business Link Magazine invites the region’s business leaders to offer up their predictions for the year ahead.
It has become something of a tradition, given that we’ve been doing this now for over 30 years.
Here we speak to Gary Cramp, Managing Director at McLaren Construction Midlands and North.
Following a very busy construction market in 2022, the challenges following Covid have presented themselves with inflationary pressure on materials and labour resource to carry out projects.
At McLaren, we have been selective with our customers ensuring that we have strong relationships and that we ensure our teams are supported to allow for delivery on our projects and repeat business.
Our repeat business for 2023 is in the region of 75% and has allowed us to secure our targets for the year with some big wins on projects across the region.
For the forthcoming year, we believe will see a tougher market emerging based on funding restraints and labour constraints remaining. Energy prices and inflationary pressure will still remain but to what extent could be anyone’s guess.
Our focus will remain on key relationships and supporting our valued customers through the next two years whilst investing centrally to enhance our social value, diversity and sustainability offering.