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Home > Company Index > Materials & Construction > Heavy Construction > John Laing plc

John Laing plc
 NEWS FROM THE STANDARD
Food.com to Slash Half of Its Staff
Sep 19 2000 01:22 PM PDT

 PROFILE
John Laing's longevity puts it in a class by itself. The large construction company, more than 150 years old, builds homes in the UK and in the US and does heavy construction worldwide. Besides construction and engineering, John Laing provides project development, financing, and design services. In the UK its Laing Homes subsidiary sells about 1,200 homes annually (ranging from £80,000 one-bedroom apartments to £1 million homes), and the company is part of a US joint venture, WL Homes. John Laing also is a major investor in infrastructure development such as rail, road, and airport projects, and it develops and manages property. The Laing family controls 37% of the company, which plans to sell its construction unit.

 COMPETITION
Barratt Developments PLC (BDEV)
George Wimpey PLC (WMPY)
Taylor Woodrow plc (TWOD)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 1,958.00
1-Yr. Sales Growth: (22.4)%
Employees: 7,729
Revenue per employee: $253,331.61

 KEY PEOPLE
• Sir Martin Laing
    CEO
• Adrian Ewer
    CFO

 CONTACT INFO
133 Page St., Mill Hill
London NW7 2ER, United Kingdom
Phone: 44-20-8959-3636
Fax: 44-20-8906-5297
Online: Web Site

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