Tag Archives: Investment

The Chancellor Jeremy Hunt has positioned his Spring Budget as a plan to remove obstacles to investment, tackle labour shortages, break barriers to work and harness science and technology for growth, according to CPA Economics Director, Noble Francis. “There were a few positives for the construction industry and wider supply …

Builders merchant group Haldane Group is to invest over £50 million across the business over the next five years. Some £17.5m will be spent on organic development, with £30m allocated to enhance acquisition and green field development. David Haldane has been appointed to the position of Chief Executive of Haldane …

Leading independent timber & builders merchant, Joseph Parr has completed its £1m investment into the north Tyneside area. Joseph Parr (Middlesbrough) covers the Northeast area with two branches & a newly refurbished 4000ft² showroom in Stockton on Tees. David Anderson, managing director, said: “Our Benton site had outgrown itself and …

The plant hire offering of heating, plumbing and air movement materials supplier TG Lynes has been enhanced by a substantial six-figure investment. The Enfield-based business has used the investment to further increase the size and variety of its range. More than 350 products are now available to hire from TG …

MDF specialist W.Howard has added six brand-new Mercedes trucks to its in-house delivery fleet. Part of W.Howard’s continuing growth plans, the investment will help to further improve W.Howard’s delivery service to customers nationwide. W.Howard’s Operations Director, Phil Tissington, and Transport Manager Neville Waring, received the Actros L Big Space 2548LS …

Welsh builders merchant Robert Price is opening of a new, state-of-the-art air source heat pump showroom in Newport tomorrow (Wednesday 28th), to help people across Wales make a confident and successful transition to sustainable home heating. Teaming up with heat pump manufacturer, Daikin, the Sustainable Energy Centre is being opened …

Russell Roof Tiles has invested a further £75,000 into machinery, with a new 1+1 injection moulding tool that is set to increase its production capacity. That takes its 2022 investment to almost £2.25 million, following the recent capital investment which the manufacturer made to its utility plant in Lochmaben, plus …

Beesley & Fildes has invested £1.2 million in its timber milling facility in Widnes in response to increase demand for both timber stock items across the company’s branch network, as well as bespoke orders. The timber mill, acquired by Beesley & Fildes in 2004, produces the skirting, architraves, flooring, planed …

Major investment by Polypipe Building Services means that the company’s range of Terrain PVC pipes will now be made using up to 65% recycled materials. These will be produced to British Standard EN1453. The announcement follows extensive testing and an investment of over £2.4m to allow the use of recycled …

Knauf Insulation is set to invest in its two UK Glass Mineral Wool plants. In St Helens, Knauf Insulation will invest over £40m to increase the plant’s total capacity by c30,000 tonnes per annum from late 2023/early 2024 and to acquire the large adjacent Pilkington Architectural site from NSG Group. …