Pudsey builders' merchants lays foundation for expansion with HSBC funding
Pudsey-based Farmac Building Supplies is set to relocate to a newly purchased site with the after securing a six-figure funding package from HSBC.
The funding will enable Farmac Building Supplies to purchase and relocate to new larger premises in the market town.
The new site offers over 45,000 sq ft of space, increasing the building merchant’s stock capacity to ensure it can respond quickly to demand. In addition, the business plans to expand its workforce over the next three years.
James Beverley, co-owner of Farmac Building Supplies, commented: “We’re very proud of what we’ve achieved at our current Pudsey premises over the last 12 years. To be able to supply such a range of products, whilst maintaining a strong quality of service, has always been our main focus.
“When it came to upscaling operations, it was integral we found a site that could increase capacity and allow us to uphold our values. HSBC’s funding has helped us achieve all of this, and we can’t wait to get started at our new home.”
Jo Dickinson, HSBC’s area director for South and West Yorkshire, said: “Farmac Building Supplies is a well-respected local building merchant. In an industry where quality and service is key, this business has a valuable reputation as a reliable and consistent supplier.
“We’re delighted to able to support their growth and look forward to our future working relationship.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.
The real value of AI is the time it gives back
Breaking the magnetic pull of London
AI scepticism is healthy. Inaction isn't.
What does NPPF mean for site price and planning gain?
What new NPPF rules mean for landowners
The hidden cost squeezing Britain's economy
Teesside deserves more than cashback devolution
Construction must be built on commercial discipline
Devolution needs financial firepower to drive growth
The value of creating a stronger careers route
Apprenticeships: Invest in talent or keep chasing it
Are you ready for salary transparency?