90-year-old masonry firm lays foundations for growth
A masonry firm is expanding its York premises after securing a six figure funding boost.
Established in 1927, J Rotherham Masonry specialises in traditional stone masonry, from stone fireplaces and fireplace surrounds to bespoke kitchen worktops and natural stone flooring.
After years of strong growth and rising demand for its products, the business has launched a first-of-its-kind, robotic production line for manufacturing worktops and stone masonry, and requires additional space to house this facility.
The investment in the premises from HSBC will allow the firm to expand its manufacturing facility and means that J Rotherham expects to grow its revenue by 20% over the next 12 months.
Matt Rotherham, managing director, said: “We’re proud to be one of the oldest and most highly respected stone masons in the UK. The support from HSBC has enabled us to continue to be at the forefront of our industry. Robotic production means we can be more innovative, introduce new possibilities for stone surfaces and continue to provide high quality stone surfaces to our increasing number of customers.”
Adam Kelly, HSBC’s area director for North Yorkshire and the Humber said: “J Rotherham Masonry is a progressive family business that enjoys a strong reputation in its sector. We have a long-term relationship with the business, which dates back to 1987 and we’re delighted to be helping it expand through our dedicated SME fund. We will continue to support the company through our Trade Facilities package to enable the business to meet strong customer demand and flourish further within its sector.”
The deal was completed by Daniel Wilson, HSBC’s corporate relationship director.