Tag Archives: Investment

AG announces £5.4 million investment

AG Announce Significant Investment 1

AG has made a series of substantial investments totalling over £5.4 million to enhance its manufacturing facilities; its latest upgrades, exceeding £400,000 will boost production efficiency to help meet demand while simultaneously reducing the company’s environmental footprint. Focused on modernising its factories, equipment, and technology with the construction of a …

Read More »

Ibstock invests £12m to reduce carbon output by 19%

Ibstock Plastic Packaging 1 1

Ibstock has invested over £12 million into its Aldridge factory, which it said will improve its energy efficiency and quality at the site. As part of its investment, it has also upgraded its legacy technology in the facility. This includes installing brand-new dryers, which now include screen-controlled moisture monitoring – …

Read More »

IBMG gains new capital investment

IBMGs Richard Robinson CFO and Martin Stables CEO

Independent Builders Merchant Group (IBMG) has announced it has raised additional capital investment from investment firms Ares Management Corporation and Farallon Capital Europe LLP. The Group has also said that it will be launching new customer proposition covering Renewables and Sustainability; the business will look to expand its independent brand …

Read More »

Jewson Civils Frazer announces major renovations

image 67171073

Jewson Civils Frazer (JCF) has unveiled extensive renovations and upgrades to its Loughborough branch. The renovation sees JCF take over neighbouring space previously occupied by Jewson Partnership Solutions (JPS), offering its customers a larger, safer site with greater stock capacity for fast and flexible delivery. On the improvements, regional sales …

Read More »

Forterra’s going solar

DESFORD PLANT AERIAL SHOTS JAN 2023 edited 1

Forterra announced it has installed almost 7,000 solar panels at its new factory in Desford, Leicestershire; it has a projected energy output of 2.6 megawatts, its solar panels will generate approximately 16% of it’s factory’s energy demands. The solar panels have been installed by Custom Solar, a company that designs, …

Read More »

Peter Shilton to open MKM’s 125th branch

MKM Colchester 1

MKM Building Supplies has announced it is opening its 125th branch, in Colchester, Essex; its branch will open in March and will create 20 jobs. The branch, which will be opened by former England goalkeeper Peter Shilton, will be headed up by branch directors Neil Robinson and Shaun Webb, both …

Read More »

Glenigan’s December report shows where construction is declining

Glenigan December

Glenigan’s December Index reports that project starts fell 12% against the preceding three months, this is 25% lower than a year ago; Civils work starting on-site declined 18% against the preceding three months, 31% down against the previous year. Residential construction starts fell 3% in the preceding three months and …

Read More »

Beesley & Fildes makes £7m vehicle investment

48705075756 a15700b38b o

Independent, family-owned builders merchant Beesley & Fildes has continued to boost its environmental sustainability strategy, with a £7m investment in a new fleet of vehicles. The company  has purchased a total of 21 DAF trucks from Motus Commercials. All have been designed to lower emissions and comply with the Government’s …

Read More »

Surge in planning approvals provides hope for construction

Glenigan review

Glenigan reported that construction project-starts has more than halved (59%), against last year, but detailed planning approvals grew 17% compared with the year before. Main contract awards experienced a 27% declined on the preceding period, this is 51% down when compared with the same period last year – regional performance …

Read More »

Jewson launches hub to support housing associations

Second on the right Scott Cooper managing director of JPS

Jewson Partnership Solutions has launched its second AVAIL Housing Hub, its aim is to help housing providers in Leeds – it opened at the end of September. This follows its launch of its first AVAIL Housing Hub in Newcastle earlier this year, the one-stop-shop building and maintenance hub in Leeds …

Read More »