A principal contractor has opened a £215,000 new office which it hopes will generate £3 million of revenue in its first year.
Cannock-headquartered Inco Contracts has created eight jobs with the launch of a new office in Cardiff.
The company has targeted the region due to a significant rise in dilapidation schemes and a surge in demand from existing partners operating in the area.
It has already secured three new contracts there.
Adam Bidhendy, Regional Director for Wales and the South West, said: “We looked at a number of locations, but chose Cardiff due to its excellent transport network, access to a strong local supply chain and the fact a number of building consultancy clients have a variety of exciting new project opportunities in the city and surrounding areas.
“There’s a lot of regeneration going on here and this office will give us the perfect base to manage new appointments and actively target opportunities in commercial, industrial and educational refurbishments.”
Inco Contracts is a specialist in industrial, commercial and education refurbishment schemes across the UK.
The firm enjoyed a record-breaking year in 2023 with turnover rising to £36 million. That figure is expected to rise by £4 million this year.
Operations Director Sam Norton said: “The short-term aim is to establish our satellite office and name in Cardiff and the wider Wales and South West region. This will be by tapping into existing clients and attracting new ones, with nearly £300,000 of contracts already in place for industrial and retail refurbishments.
“Adam’s appointment a few months ago will be instrumental to our growth. He has so much experience and contacts in the region and gets the Inco values of customer service, innovation and delivering on our promises.
“Under his leadership, I believe we can become the most reputable and successful principal contractors in Wales and the South West.”
- Read the Daily Focus story about Adam’s recent appointment here.