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Article: Leading Contractors Adopt Causeway Tradex To Establish Industry-Wide Electronic Trading; Alfred McAlpine, AMEC, Carillion, McNicholas Construction, Mowlem and Taylor Woodrow Construction have signed an agreement with Causeway Technologies to deliver an electronic trading exchange for the wider construction industry to be implemented in partnership with their key supplier chain partners.
- Article from:
- PR Newswire
- Article date:
- March 6, 2002
CopyrightCOPYRIGHT 2002 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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LONDON -- Causeway Technologies(R), Inc. (NQBS: CAUS), a market-leading supplier of software solutions and services to the construction sector, is working with 6 leading contractors and their key suppliers to use Causeway's Tradex Service, an electronic exchange for invoices and other trading documents. This group of contractors collectively deliver more than 10 billion pounds sterling of construction related activity annually.
Tim Cole, Causeway's VP Strategic Development commented; "This is a significant initiative for the industry. At the heart of construction operations lie the sourcing, procurement and administration of materials and service items. ...