Henry Carver vowed today to rebuild his independent builders merchant after it was destroyed by fire yesterday.
The managing director of Carvers of Wolverhampton told the Express and Star that the company will “regroup and rebuild” after the warehouse – a landmark in Wolverhampton – burned to the ground yesterday.
Around 90% of the company’s stock was lost in the fire.
Carver told the local paper Express and Star that the company – which had been trading for 116 years – is “well financed. We’re not in debt. We’ve always paid our bills on time.
“We have to wait to see what happens with the loss adjusters.”
The headquarters of the company have been transferred to the company’s second branch at Neachells where the computer records have been backed up.
Carver and his cousin David are the fifth generation of the family to run the company. It was set up by Harry Carver with help from his brother Horace in 1896.
The cause of the fire was today still unknown, and explosions were heard as gas canisters exploded.