SERVICES group McAlpine said it had a good year thanks to four major contracts, including one in the North-East.

The four contracts, worth £65m, included one for £21m with Redcar and Cleveland Borough Council to take over the maintenance of local roads.

The contract with the council could be worth up to £50m and extend over seven years.

McAlpine has restructured its business during the past two years, moving out of house building and making seven acquisitions to establish its infrastructure services and business services operations.

Ian Grice, chief executive of Alfred McAlpine, said: ''This represents a major growth opportunity for our infrastructure services business."

McAlpine, which employs about 8,000 people, has also signed two contracts with Thames Water worth £30m for repair and maintenance in the Thames Valley area.

The company said it was well placed to win a significant share of the planned £22bn of spending by the water industry over the next five years.