Our wonderful ‘elves’ selling tickets with Managing Director, Chris Curtis, for our annual Christmas raffle!
MHI attended the recent official opening of Castleguard Manor, Ardee, Co. Louth. This project is one of four developments that MHI has worked on with Tuath to date.
The impressive estate in Ardee consists of 102 A-rated, energy efficient family homes manufactured in rapid time at MHI’s state of the art facility in Ballyjamesduff, Co. Cavan before being transported to site for installation.
Housing Minister, Eoghan Murphy, attended the launch along with representatives from key stakeholders and residents.
The homes are all let to tenants from the Council’s housing list.
Speaking after the launch, Stephen McManmon, Joint Managing Director of MHI commented:
“This project highlights our strong working relationship with Tuath Housing Association, QRD Homes, Castlehaven Finance and Louth County Council. Throughout the project, we worked closely with Tuath to adapt some of the properties to cater for older people and people with disabilities.
We are proud to have been involved in this project completing the manufacturing and installation of 102 houses in just over 12 months.”
MHI recently attended the formal launch of a social housing development in “Mainear Caisleán Dubh”, Navan, Co. Meath.
MHI was delighted to hand-over the 26 high quality houses to its client QRD Homes for Túath Housing Association. The project, funded by Castlehaven Finance, is MHI’s third successful project for a housing association.
Along with Mr Eamon Gavigan, Tuath Housing Chairman, and those involved in the manufacturing and construction, the launch was attended by Minister Damien English TD. The Minister congratulated all those involved on providing the new social housing units.
Speaking following the launch, Stephen McManmon, Joint Managing Director of MHI, said:
“MHI was delighted to be appointed as modular housing supplier in this high profile social housing development. The 26-home development utilised 4 house types manufactured to strict quality standards in our controlled factory environment before being completed on site. The finished houses are testament to our experienced team of staff, subcontractors and consultants and our close working relationship with Tuath and Meath County Council.”
All 26 houses within the development are now occupied by tenants from the Council’s housing list.
L-R Clark McCann (Partner, Castlehaven Finance), Stephen McManmon (Managing Director, MHI), Minister Damien English TD, Lynn Hanly (Senior Credit Manager, Castlehaven Finance), Adrian McNally (Director, MHI)
MHI is proud to support International Women’s Day 2019 recognising the value of diversity in the workplace.
To mark International Women’s Day, MHI held a coffee morning to celebrate and thank the women employees of MHI for their continuing hard work and achievements.
Stephen McManmon, Joint MD of MHI stated:
“Diversity has a vital role to play in the workplace. We are proud of the significant steps the company has taken since inception to ensure inclusion and equality in the workplace. On International Women’s Day we are delighted to recognise the contributions of our female employees who span our finance, legal, design, procurement and domestic teams.”
Ballyjamesduff, Co. Cavan / Kill, Co. Kildare, Ireland / Bunnik, the Netherlands, 25 January 2019
Royal BAM Group’s Irish operating company has acquired a non-controlling share in leading modular homes provider Modern Homes Ireland (MHI). MHI constructs quality assured steel-framed homes and commercial buildings within a precision-controlled environment with units being up-to 95 per cent constructed before leaving the factory. Financial terms of the transaction are not disclosed.
BAM has taken the strategic step with MHI – the only NSAI certified volumetric housing provider in Ireland – to enhance and maximise business opportunities for both companies in the Irish construction sector. MHI was established in 2016 and has completed more than 400 residential units since then, mainly in the Leinster area, including a combination of social housing and high-end residential developments. Based in Ballyjamesduff where it employs 120 people with a current capacity of more than 500 units annually, it is led by its founding shareholder team of Joint Managing Directors Chris Curtis and Stephen McManmon and Executive Directors Adrian McNally and Brendan McNally.
With the growing demand for housing, increasing industry resource constraints and the rising level of public and private investment in social and private homes, there is significant opportunity for both to become the leaders in the use of modular construction for housing, student accommodation and hotels. These sectors are an important part of BAM’s current output. Both businesses plan to accelerate home building activity in social housing and PPP contracts as well as in private developments in large population centres. This further development in its modular approach, reflecting the change in the industry and in line with BAM’s strategy Building the present, creating the future, enables BAM to offer its clients added value through high quality and rapid programmes.
MHI has a unique and immediate offering of volumetric housing units and is well positioned to grow significantly in modular construction across multiple streams. They can competitively deliver high quality housing, unaffected by the construction skills shortage currently being experienced in Ireland. The benefit of offsite fabrication is a considerable faster build time than traditional construction.
Following BAM’s investment MHI will further increase its production capacity in Ballyjamesduff.
It will also benefit from BAM Ireland’s widespread knowledge across technical and academic fields and access to the Group’s global innovation team. This will improve its processes from a production and operational efficiency perspective, as well as being able to leverage BAM’s strong client base to enter new markets.
BAM will also bring the expertise and experience which will enable MHI to bid for larger projects. This step also allows MHI access to BAM’s modular expertise in the Netherlands, where BAM Modulair Bouwen en Ontwikkelen has state-of-the art production facilities in Veenendaal to develop innovative elements for newbuild and renovation projects in both the residential and non-residential markets, thus contributing to making buildings more sustainable and circular.
Theo Cullinane, CEO, BAM Ireland said: ‘This is a significant strategic investment for BAM. We are cognisant of the need for an acceleration of output in the housing sector and we are happy that our investment will play a part in the solution to the current housing crisis in the country. Modular is clearly the future and this is a unique opportunity to further develop a business, not just in housing but in modular housing which aligns closely with our drive towards ‘digital construction’.’
Commenting on the deal, MHI Joint Managing Director Chris Curtis said: ‘We are very pleased to have entered into this strategic partnership with an industry leader in BAM, which will allow us to grow further and benefit from the vast experience that they will bring to us. This significant investment further confirms that off-site construction is the future of housing and that our firm is at the forefront. This collaboration is the foundation for an exciting future ahead for MHI.’