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John Murphy (contractor)

From Wikipedia, the free encyclopedia

John Murphy (5 October 1913 – 7 May 2009) was an Irish business man who established the construction and infrastructure contractor J. Murphy & Sons. The company, based in Kentish Town, with its green vans and lorries, works on building sites across the UK and Ireland.[1] His late brother Joe also went into construction in London, trading as Murphy Ltd and using grey vehicles,[2] but that company went into administration and closed in 2013.[3]

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Transcription

Biography

Murphy was born at Loughmark, near Cahersiveen, County Kerry. He left school at 15 but found work hard to come by. He travelled to London and started up as a subcontractor in the building trade. The Second World War offered him a golden opportunity. New airfields were urgently needed and later on runway repairs were needed also.[4] He was successful in providing this service and at end of the war was well placed to help with large-scale reconstruction. Other ventures included electrification, cable installation, water facilities and road-building.[citation needed]

At his death in 2009, his worth was estimated at about £190 million.[5] He valued his privacy and was known to spend little on luxuries, instead preferring to spend time with his own workmen and other Irish friends.[1]

J Murphy & Sons

In the 1970s a specialist division of the company worked on the development of natural gas.[6] Later projects included the Stansted Airport Rail Link, work in the City of London, the Channel Tunnel Rail Link and London’s Olympic Park.[7]

In 2007 J Murphy and Sons generated nearly £500 million of revenue and made pre-tax profits of £60 million. It was appointed lead contractor in the £125 million Liverpool-Manchester water pipeline project, which is to carry up to 100 million litres of water per day.[4]

After Murphy's death in May 2009, leadership of the company passed initially to his daughter Caroline, who had been appointed deputy chairperson of the group in 2007.[8] She later planned to turn the business into a worker’s Co-op owned by its 3,500 employees, but other board members — notably her mother, brother and half-brother — resisted, and she resigned in 2014.[8]

The company was then led by Steve Hollingshead until the appointment in 2017 of John Murphy's grandson, John B Murphy.[9]

In the year to 31 December 2017 the company made a pre-tax profit of £12.43m from a turnover of £711m, and had 3,878 employees. In 2018, it experienced a slow down in growth, and cancelled its Christmas Party as part of a cost-cutting drive affecting jobs across the business.[10]

References

  1. ^ a b McCrystal, Cal (8 May 1994). "These green vans are seen all over Britain, but no one knows anything about the millionaire who owns them". The Independent. Archived from the original on 13 June 2022.
  2. ^ McKittrick, David (18 May 2009). "John Murphy: Businessman whose name was synonymous with the construction industry". The Independent. Archived from the original on 13 June 2022.
  3. ^ Prior, Grant (24 October 2013). "Grey Murphy in administration with 293 job losses". Construction Enquirer. Retrieved 9 February 2018.
  4. ^ a b "John Murphy". The Telegraph. 11 June 2009.
  5. ^ Harrison, Gerry (22 June 2009). "John Murphy | Obituary". The Guardian.
  6. ^ "Murphy Group celebrates 60 great years in business". Irish Post. 19 June 2012.
  7. ^ "Our History". Murphy Group. Retrieved 4 November 2017.
  8. ^ a b Clifford, Michael (5 April 2014). "Caroline Murphy and the Murphy Group - one woman's construction empire". Irish Examiner. Retrieved 9 February 2018.
  9. ^ "Founder's grandson to lead J Murphy & Sons". Construction Enquirer. 3 October 2017.
  10. ^ Prior, Grant (12 October 2018). "Murphy cancels Christmas party as job cuts loom". Construction Enquirer. Retrieved 12 October 2018.
This page was last edited on 14 June 2022, at 01:07
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