Fulcrum signs new ten year commitment to Sheffield
Fulcrum, the independent energy and multi-utilities service provider, has reaffirmed its commitment to Sheffield after agreeing a new 10-year lease extension for its headquarters in the city.
Fulcrum’s recent growth has been supported by a number of significant wins in H1 including a £3.95m contract to install a 13-kilometre gas pipeline to four Speyside distilleries on behalf of Chivas Brothers, Diageo and Ian MacLeod Distillers.
The company has been based in Sheffield Business Park for the past four years, and is home to 50% of its 200-strong, UK-wide workforce. The park was the hub for a significant programme of change within the business during the last 12 months to transition to a directly managed project delivery service.
this new model enables the company to increase the pace of its growth strategy, which includes building its multi-utility capabilities and assembling its first in-house dual fuel teams, who are trained in the delivery of both gas and electricity connections.
Martin Donnachie, chief executive of Fulcrum, said: “We are pleased to confirm to all our shareholders that expected results are on track to meet full year expectations. Our recent contract wins validate the investments made in our operations to continually improve customer service and endorse the trusted relationships which we have developed within our client base.
“We are very proud to be part of Sheffield’s vibrant business community and look forward to continuing our excellent relationship with the city with a new 10-year lease extension for our head office.”
He added: “We are delighted to reach the corporate milestone of recommending the payment of a maiden dividend and look forward with confidence to the future.”
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