- The labor supply company plans to teach up to 400 students in the first year
- Hercules said academy would improve skills shortage in construction sector
AIM-listed labor provider Hercules Site Services has opened a construction skills academy to train recruits who will work on major UK infrastructure projects.
The workforce supply specialist plans to teach up to 400 students in the first year at the academy in Nuneaton, Warwickshire, around 15 miles from the rail line site at HS2 high speed proposed.
Hercules said the new school would help improve the skills shortage affecting the UK construction sector, which will need 225,000 extra workers by 2027 to meet demand, according to a recent CITB report.
Launch: Hercules Site Services plans to teach up to 400 students in the first year at a new construction academy in Nuneaton, Warwickshire
Participants will be able to complete health and safety courses, T Levels, national vocational qualifications and university level apprenticeships.
They can also take specialized courses on highways, overhead power line awareness, utility detection, and working at height.
Informal learning organisations, the National Open College Network, the Construction Industry Training Board and the Energy & Utility Skills Register, will accredit the qualifications.
Commenting on the launch, Minister for Skills, Apprenticeships and Higher Education, Robert Halfon MP, said: “We are building a nation of skills and learning. Hercules Construction Academy will enable more people to gain the skills and experience they need to build a successful career in the sector. construction industry, while ensuring the sector can continue to tap into the talent pool it needs.
“I’m also delighted that this will expand access to more learning opportunities at degree level, allowing people from all backgrounds to earn while they learn without having to go into debt and climb the ladder opportunities.”
The academy will also train staff to work on major projects currently underway, including HS2, the Lower Thames Crossing and the £96 billion of infrastructure improvements planned by the UK water sector between 2025 and 2030.
Brusk Korkmaz, Managing Director and Founder of Hercules, said “this historic launch represents an incredibly exciting time for Hercules and the entire industry.”
He added: “We recognize the rapidly changing training and skills landscape, and we believe we can offer the best in construction training across the UK.
Nuneaton MP Marcus Jones said: “I know this project will welcome hundreds of participants over the coming years and will train and develop candidates who will embark on important careers in construction and infrastructure. »
The launch of the academy comes around a fortnight after Hercules announced its annual turnover jumped 71 per cent to a record £84.7 million thanks to strong growth in its supply of labor.
Hercules gained major clients during this period, such as water company Anglian Water and construction companies Galliford Try and Balfour Beatty.
In October it won a five-year contract with Balfour Beatty Rail to provide specialist staff for live track work.
This helped the Cirencester-based group generate a record pre-claims profit of £4.1m and almost quadruple its pre-tax profits to £641,000.
Since the end of September, Hercules has completed its first-ever acquisition by taking a majority stake in employee recruiter Future Build Recruitment.
Hercules Site Services Actions were up 0.4 per cent at 26.6p on Wednesday afternoon, although they have plunged by just under half since their listing on the AIM junior market two years ago.