New Premises for Roofing Distributors Growth
RELOCATING its main depot to larger new premises, JRC Roofing Distributors can now accommodate its recent growth.
JRC are highly experienced slate suppliers, specialising in sourcing and delivering slate and roof tiles from around the globe. As a well-established name within the roofing industry for 23 years, JRC also provide a range of ridge tiles, copper nails, chimney pots and accessories.
The business had outgrown its previous premises in Burnley and have recently moved to the new 0.84 acre site at Further Lee Farm, Burnley Road in Colne. The prestigious site includes a Grade II listed house with offices in a prominent roadside position at the end of the M65.
The move comes after receiving a six-figure funding boost from NPIF-FW Capital Debt Finance which is managed by FW Capital and is part of the Northern Powerhouse Investment Fund.
Rosie Connor, Planning Director at JRC, explained: “The move has come about because we needed more space to accommodate our growth and new product development.
“We currently focus on business-to-business sales, but we have plans to expand into direct customer sales via our merchant network. Our new location offers us a prime position to do this because we’re situated on the edge of a retail park. The funding from FW Capital, has enabled us to purchase the property. The whole process was very smooth; we had to move fast to complete the purchase.”
New Premises
Laura Rees, Senior Investment Executive at FW Capital worked with the team at JRC to understand and support their growth plans with the six-figure investment.
Laura Rees, Senior Investment Executive at FW Capital, added: “The business has been enjoying significant growth and their previous depot was restricting further growth because of the limited capacity available. The new site is unique, comprising of an extensively refurbished, Grade II listed detached house with adjoining high specification offices and offers plenty of space to accommodate JRC’s growth aspirations as they seek to expand their product range.”
The current NPIF investment phase has now completed with the British Business Bank launching the Northern Powerhouse Investment Fund II in March 2024.
Debbie Sorby, Senior Manager at the British Business Bank, said: “We take pride in supporting ventures like JRC Roofing, that not only contribute to regional economic vitality but also align with our shared vision for a prosperous Northern Powerhouse.”
The Northern Powerhouse Investment Fund project is supported financially by the European Union using funding from the European Regional Development Fund (ERDF) as part of the European Structural and Investment Funds Growth Programme 2014-2020 and the European Investment Bank.
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