Builders Merchants Journal – BMJ Publishing to Builders Merchants and the UK merchanting industry for more than 95 years
Roof tile manufacturer Russell Roof Tiles has secured an eight-figure funding package from HSBC UK to support the next phase of its growth and innovation strategy.
The new refinancing deal provides increased financial flexibility to scale up production, enhance efficiency, and drive forward ongoing investment in new technologies and product innovation.
A key focus of this investment is the accelerated rollout of Bute3, Russell Roof Tiles’ pioneering new product that redefines traditional roofing. The design combines three plain tiles into a single, format — significantly improving installation speed while maintaining the appearance of a classic roof.
Now in full production at Russell Roof Tiles’ new £18.5 million fully automated line in Burton-on-Trent, Bute3 exemplifies the company’s commitment to advancing British manufacturing through design excellence and operational innovation.
Managing director Andrew Hayward, said: “This new funding gives us the momentum to fast-track the rollout of Bute3, our most advanced product to date. By merging traditional aesthetics with modern efficiency, we’re setting a new benchmark for the roofing industry. The support from HSBC UK enables us to expand capacity, deliver even greater value to our customers, and continue investing in the future of sustainable, high-quality British manufacturing.”
