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04/07/2023

McAuliffe Group Invests £1.8m In New Plant Machinery

With support from Lloyds Bank, a family-owned specialist in brownfield remediation has made a £1.8 million investment in new plant machinery.

McAuliffe Group has acquired two Caterpillar 340 hydraulic excavators and two Komatsu D61 intelligent dozers. The new machines replace older models as part of the company's three-year replacement cycle. The upgraded engines in the new machinery are up to 20% more fuel-efficient than their predecessors. The intelligent dozer is equipped with advanced 3DGPS and AutoCAD software, facilitating easier and more accurate site navigation while automating certain functions.

McAuliffe Group works closely with housebuilders, including Moda Living, Bloor Homes, and Taylor Wimpey, as well as local councils, to prepare brownfield sites for redevelopment. The firm has also played a significant role in infrastructure projects including HS2 and recently conducted remediation works for Birmingham's Curzon Street Station.

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John McAuliffe, group managing director of McAuliffe Group, said: "There's significant demand for housing in both the private rental and social housing sectors, meaning we’re incredibly busy. In particular, demand in Birmingham is booming, and we’re currently involved in five high-rise sites in the city centre.

"By investing in our machinery, we’re able to meet the demand from our customers, while offering them the best and most efficient service possible.

"Over the fifteen years we’ve worked with Lloyds Bank, the team’s support has been invaluable in helping us drive sustained organic growth. Their backing gives us the confidence to plan ahead and make investments in the business, knowing that they’ll be by our side to provide the funding we need to grow."

Ian Littleford, associate director, Asset Finance for SME and Mid Markets at Lloyds Bank, and Luke Blount, relationship director at Lloyds Bank, supported the business through the investment, working to facilitate the purchase.

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