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    Tile company to invest in Lochmaben facility

    Category: Scottish Investment — Paul Morgan on September 10, 2013

    A Burton-based tile firm has invested a quarter of a million pounds into its south Scotland facility in an attempt to ramp up the range of products offered from the site.

    Russell Roof Tiles, which is one of the leading concrete roof tiles companies in the UK, has been formed from the amalgamation of several companies over the years.

    Its Lochmaben base came through one such deal, formerly being the home of the Annandale Tile Company. This investment, though, represents a response to the growth in the residential building sector.

    The growth will also be seen as positive news by Scottish construction firms, many of which have struggled throughout the downturn. Whilst a large number have gone to the wall in recent years, others have in fact strengthened their operations. Some of these have done so with the help of Scottish factoring companies; successfully restructuring their financing and reducing their credit lines significantly.

    As a major supplier to the industry, the greater demand has meant a greater production facility is needed by Russell Roof Tiles. Bruce Laidlaw, the company’s national operations manager, said:

    “This new investment will allow us to respond to the increases in house building stimulated by a number of factors, including the government’s Help to Buy scheme.”

    The facilities upgrade which the money has been used to fund will ensure that a greater range of products can be produced on the site. This is likely to involve the new environmentally-friendly tiles the company recently launched.

    'Disclaimer: The information contained in these articles is of a general nature and no assurance of accuracy can be given. It is not a substitute for specific professional advice in your own circumstances. No action should be taken without consulting the detailed legislation or seeking professional advice. Therefore no responsibility for loss occasioned by any person acting or refraining from action as a consequence of the material can be accepted by the authors or the firm.

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