ENGINEERING group Amec yesterday vowed to grow its core businesses after putting its loss-making construction divisions up for sale.
The group, which employs almost 1,000 people in the North-East, is to sell its building and facilities services businesses, after recording half-year losses of more than £20m.
Amec said it would concentrate on securing investment for its seven core divisions, including its industrial business, which has its headquarters in Darlington.
Last night, a spokesman said it was not yet possible to say what impact the move would have on its Darlington base.
The retained divisions - which concentrate on the oil and gas, minerals and metal mining, and the nuclear and wind energy industries - accounted for revenue of £1.8bn in 2005, and generated £83m profit.
The company's new boss, Samir Brikho, also sounded a warning that profits for 2006 were set to be £15m lower than previously hoped.
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