Laing O’Rourke is delaying plans to invest in a second offsite manufacturing plant.
The contractor had plans to build a second factory next to its existing plant in Steetley in the East Midlands.
But it has now delayed this decision as part of an ongoing strategic review of the business.
A Laing O’Rourke spokesman said: “Laing O’Rourke is committed to an advanced manufacturing agenda at the heart of its current and future business strategy.
“The group has invested significantly in its Explore Industrial Park and planning for a new Advanced Manufacturing Facility continues to progress, subject to a final investment decision.”
The move follows a major restructure of the business, including a new leadership team in its European business, which has split into three operating arms: engineering enterprise; asset businesses; and commercial.
Laing O’Rourke is also looking to sell its Australian arm as part of the strategic review.