ISG

Boss behind £3bn gigafactory firm resigns

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Britishvolt, the company behind a £3bn gigafactory in the north east, is looking for new leadership after the sudden resignation of its chief executive and founder. Orral Nadjari, who had led the battery technology firm for the last three years, said he was stepping down to allow it to enter…

ISG pauses work on £300m gigafactory contract

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Work being carried out by ISG on a vehicle battery ‘gigafactory’ in the north-east has been paused amid design changes. ISG was appointed to a £300m construction contract for the Britishvolt factory in Cambois, Northumberland, in December 2020 and began phased construction on the site in September. The client recently…

‘Gigafactory’ involving ISG progressing ‘in line’ with plan

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Work to construct the UK’s first gigaplant car-battery facility in Northumberland is progressing “in line” with the development plan, despite suggestions that the project has been paused. In December 2020, ISG was appointed as the main contractor to deliver the factory that will produce lithium-ion batteries for electric vehicles. The…

Heatwave: contractors reduce hours and issue alcohol advice

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Reduced working hours, more breaks and alcohol warnings are among the measures being introduced by contractors this week as the UK braces for record temperatures. The Met Office issued an “exceptional” weather warning for the temperatures on Monday and Tuesday, when the temperature in southern England is expected to reach…

ISG revenue grows by £300m after pandemic shock

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ISG’s revenue grew by almost £300m last year, representing a 15 per cent year-on-year increase, as its annual report showed signs of recovery after the COVID-19 pandemic. Figures published by the contractor and fit-out firm showed it earned £2.26bn in revenue in 2021, almost £300m more than in 2020 (£2.04bn).…

ISG strengthens modular capability with MMC-specialist buy

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Contractor and fit-out specialist ISG has bought a majority stake in ESS Group, in a move aimed at growing its business. ESS Group, which has headquarters in Manchester and Dublin, is a specialist in modern methods of construction (MMC). It employs 280 staff across four offices and three manufacturing facilities…

ISG scoops £50m revamp of former Daily Mail HQ

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ISG has been picked to undertake the £50m refurbishment of the Daily Mail’s former HQ. According to the contractor, the Art Deco offices in the City of London will be revamped to include a 1,150 square metre, two-storey extension, as well as full overhaul of the current 25,119 square metre…

Canary Wharf tower to get ‘£100m’ refurb

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Citigroup's office in Canary Wharf is set to undergo a major refurbishment. The US-headquartered bank has decided to refurbish rather than demolish the 20-year-old, 42-storey tower, which it claimed will save nearly 100,000 tonnes of embodied carbon. The upgrade will result in the tower having a BREEAM Excellent rating, with…

ISG gigafactory gets £1.7bn investment and PM’s backing

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A gigafactory being built by ISG has secured £1.7bn in investment and the backing of the prime minister. Investor abrdn and logistics developer Tritax have joined up to commit £1.7bn to the project. The government has also tabled an offer to invest in the project. The exact amount has not…

Massive gigafactory in Midlands gets council approval

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Warwick District Council and Coventry City Council have approved the outline plans for a gigafactory in the West Midlands. The facility, which will produce batteries for electric vehicles, will have 530,000 square metres of floor space and is expected to receive further planning approval in March 2022. West Midlands Gigafactory…