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New boss at Mowlem rail arm

NEWS

MOWLEM has appointed Colin Graidage as the boss of its railways division.

Mr Graidage takes over from Mike Austin at the head of the 600-strong business, which includes contractor Hocking, labour agency Fastrack and switches and crossings manufacturer Edgar Allen.

He worked on Mowlem's £180 million high-speed rail project in Taiwan after 10 years at US subsidiary Charter Builders.

Mr Austin will stay within Mowlem, possibly in a management role in Australia.

Mowlem carries out around £250 million-worth of railways work a year.

But the company recently hit problems on its Alice Springs to Darwin freight rail project in Australia, which it part-owns and operates, due to lower than expected rev-enues.