Founded in 1865 by Richard Costain, the company has evolved from its shipbuilding roots to become a leading engineering consultancy and construction firm.
From its early days building houses and docks, the company diversified into large-scale civil engineering projects like the iconic Thames Barrier, a feat of engineering that protects London from flooding.
Internationally, Costain has left its mark on projects like the Trans-Iranian Railway, showcasing its global reach.
The company is also actively involved in developing and implementing green infrastructure solutions, partnering with leading renewable energy providers to build wind farms and solar power plants across the UK.
Vaughan has announced off the back of its first year financial achievements: “As a result of our confidence in our long-term prospects, and our strong cash position, we have today announced a £10m (US$13m) share buyback which will commence with immediate effect.”
******
Make sure you check out the latest news at Construction Digital, a BizClik brand