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
|