CQMS ’15
Two-day Construction and Quarrying Machinery Show set to take place in Tullamore from 17–18 April
IRELAND’s Construction and Quarrying Machinery Show (CQMS ’15) will take place at Molloy’s Quarry, in Tullamore, Co. Offaly, from 17–18 April, showcasing more than €50million of construction and quarrying equipment.
Indications are that 2015 will see economic growth of between 4% and 6%, and figures from the Central Statistics Office show that the construction industry alone employed some 10,000 new people in the last year.
Tom Parlon, director general of the Construction Industry Federation, said: ‘Activity in the construction industry is closely related to the country’s general economic performance. All the indicators suggest the Irish economy will see further growth this year, which is a positive signal for how the construction sector will perform.
‘As construction companies start to shake off the financial limitations caused by the downturn, the increased activity and improved cash flows will lead to a stronger demand for new construction equipment and machinery.
‘For that reason, CQMS ’15 is a very timely event, providing contractors of all sizes with the opportunity to see the latest advancements in construction equipment before they make their purchases.’
Brian Coogan, event organizer and publisher of Machinery Movers Magazine, said: ‘There has not been much purchasing power in the market in recent years, however now we are beginning to see some green shoots emerging within the construction industry. The Irish market is ready for work after seven years of recession and companies are now in a position where they need to purchase new equipment.’
Adrian Madden of Close Brothers Commercial Finance is also very optimistic about the future of the Irish construction industry. He said: ‘We are delighted to be sponsoring CQMS ’15 as we believe there is a new appetite for industry leaders to invest in their businesses. We are very positive about the future of the construction and quarrying industry, and we encourage those seeking finance to bite the bullet and get advice, as investment is a major contributor to a growing economy.’
