NEWS IN BR
Snows Timber Less than a year after it went
mber
r appoints administrators administration on November 18.
through a management buy-out, timber importer and distributor Snows Timber went into
Matt Haw and Matt Wild from RSM Restructuring Advisory LLP are joint administrators of the 200 year old company. They want to sell the business in its entirety or as two separate facilities – Snows has a 10-acre sawmill and distribution centre in Mansfield and a seven-acre sawmill and distribution centre in Andover with wood treatment plant. Timber stocks are valued at approximately £3m.
The head office is based in Towcester, Around 74 members
Superglass completes £37m factory upgrade
Superglass has completed the redevelopment of its Stirling manufacturing site. The investment, which at £37million is one of the largest in Scottish engineering and manufacturing in recent years, was announced in December 2017. Now complete, it will double the site’s capacity to around 60,000 tonnes of glass wool insulation annually.
Redevelopment of the site, including installation of a new 187-tonne furnace and curing oven; cooling, cutting and milling equipment; and an automatic packing system, all state-of-the-art, will allow for continuous development and improvement in product quality. This has been supported with a
of staff have been made redundant.
“It is always sad to see a long- established company enter into administration, but the Snows Timber directors were left with little choice given the cashflow difficulties the business faced,” Haw said.
Snows Timber was bought from its previous owners the Bradford Group in March by managing director Ian Church, Craig Willoughby, supply chain and operations director and Adam Cray, finance director.
Etex to invest in Siniat brand Etex Building Performance, the dry construction
arm of the Etex group, is to develop an advanced plasterboard manufacturing facility for its Siniat brand at the Royal Portbury Dock in Bristol Port, adding significantly to its production capacity in the UK. Subject to planning, Etex hopes to start production in 2022 and once operating at capacity, the new plant will double its Bristol- based production of plasterboard products. The company’s two existing plants at Bristol and Ferrybridge will continue to operate.
The investment is Etex’s largest single capital investment to date in the UK and will serve Siniat’s customers across the UK.
complete rebrand of the Superglass product, including BMF contemporary new packaging.
The significant engineering and building works within Superglass’ existing site were carried out while the original production area continued to operate. During the construction process, Superglass reported its return to trading profit a year ahead of forecast with revenue growing from £23.6m in 2017 to £32.9m in 2018, a 39% increase.
In 2016, Superglass joined the TECHNONICOL group of companies, the largest manufacturer of construction materials in Russia and Eastern Europe. It owns 56 manufacturing facilities across the continent. Mark Atherton, chief production officer, said:“I’m incredibly proud of how all of our teams have worked collaboratively and flexibly to redevelop the site while continuing to meet customer demand.”
and Bathrooms forum The inaugural Kitchen and Bathroom Forum hosted
by the Builders Merchants Federation took place at Roca’s new conference and showroom facility in Leicester on 12 November.
The 74 members in attendance were hosted by newly elected chairman, Paul Bence, md of the George Bence.
Presentations included an update from BMF CEO John Newcomb, then Nyssa Patel BMF Industry Analyst/Economist gave a K & B market report. Jamie Welch (Roca) and Tom Reynolds (BMA) gave an economic and political update to members, then Renee Mascari (Mascari) talked members through kitchen design and, in particular, the use of open living spaces.
Mark Parrish (Cortexa) generated a lot of interest in the BMF Building Blocks training, then Mike Tattam (Lakes Showering Spaces) highlighted the importance of showrooms. Finally Ben Roberts (Virtual Worlds) gave an interactive and entertaining look into the world of 4D showrooms and their benefits.
December 2019
www.buildersmerchantsjournal.net
IN BRIEF
Independent builders merchant Lawsons has taken on five new JCB 30-19E electric-powered Teletruks, the first of their kind in the UK. Lawsons is the first UK customer to invest in the JCB 30-19E, which was launched in
Spring 2019 and is the first electric-powered model to be added to the Teletruk range.
Hampshire builders’
merchant Elliotts blamed the awful weather at the start of 2018 for a slide in both re-tax profits and turnover. In the year to 31 December 2018, Elliott Brothers
(Builders Merchants) made a pre-tax profit of £1.99m, down from £2.3m, on
turnover which dipped from £77.8m to £72.9m.
Alleged thieves at the Jewson branch in New Street, Retford were
caught by members of staff as they tried to flee from the yard.
Workers at the branch carried out a co-ordinated pincer movement to trap two men, blocking in their transit van, taking away their keys and calling the police.
Police cars descended
on the store at 1.30pm on Tuesday, November 5 and officers closed off the road.
Travis Perkins is set to
leave its huge industrial unit in Appleton Thorn, with the site having been put up for sale for nearly £8million. The builders’ merchants giant has put its 11-acre distribution centre at Appleton Thorn Trading Estate on the market at a price of £7.95m.
Travis Perkins sites at
Omega, Howley and Lymm will remain unaffected by the proposals.
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