Galliford Try has teamed up with Balfour Beatty to target Scotland’s biggest roads prize – the £1. 9bn dualling of the remaining stretches of the A9 between Perth and Inverness.
A significant shift has occurred at the helm of TClarke, a prominent mechanical and electrical (M&E) contractor, with Chief Executive Officer Mark Lawrence stepping down immediately after an impressive four-decade career. This news, confirmed alongside the company's latest financial results, marks the end of an era and ushers in new leadership.
Mark Lawrence's journey with TClarke is particularly noteworthy, beginning as an electrical apprentice in 1985 and culminating in his appointment as CEO in 2010. His progression through the ranks exemplifies the potential for long-term career development and skill mastery within the construction industry – a powerful message for young tradespeople and seasoned professionals alike contemplating their own career paths.
The leadership change coincides with a period of remarkable strength for TClarke. The company, which transitioned to private ownership in 2024 following acquisition by the Regent Group, has reported record operating profits of £18.7 million for the year ended March 31, 2026. While revenue saw a slight adjustment to £645.6 million, the firm maintains a robust financial position, remaining debt-free with £26.4 million in cash reserves.
This financial stability is crucial for subcontractors and SMEs collaborating with major players like TClarke. It signals reliability and continued investment in projects.
Stepping into the CEO role is Clive Carr, who transitions from his previous position as Managing Director, Built Environment. Carr takes the reins at a time when TClarke’s forward order book stands at a record level exceeding £1 billion. An impressive 64% of this pipeline comprises projects valued over £50 million, indicating a strong demand for large-scale, complex M&E expertise.
As the European construction landscape continues to evolve, the strategic movements of industry leaders like TClarke provide valuable insights into market health and future opportunities for the entire workforce and supply chain.
Galliford Try has teamed up with Balfour Beatty to target Scotland’s biggest roads prize – the £1. 9bn dualling of the remaining stretches of the A9 between Perth and Inverness.
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