Castle Construction Products Ltd based at Roath Dock, Cardiff has invested £350,000 supported by Barclays to complete construction of a purpose built block yard. The significant investment will accommodate demand for the specialist concrete blocks and increase turnover to over £2.2 million next year.
Castle Construction Products Ltd is a leading manufacturer of dense masonry blocks (“breeze blocks”) and large interlocking ‘lego-type’ concrete blocks using a mix of both virgin and recycled aggregates. The dense masonry blocks are produced to strengths of 7.3N and 10.4N and are available in 100mm and 140 mm widths. The interlocking concrete blocks come in a number of shapes and sizes with a wide range of different uses including segregation bays, push walls, retaining walls, site security and many more.
Andrew Smith, Financial Director at Castle Construction Products Ltd said
“After investing around £1.7 million over the last 18 months we have now ramped up production of our concrete block products. The investment has already created 11 jobs in Cardiff and we are confident demand for the products will continue to grow.”
Alan Sturmey, Barclays Relationship Director, said,
“Barclays is committed to using our industry expertise and specialists to support such propositions, which are vital to a prosperous economy. By really understanding the industry sector Barclays has been able to provide debt finance to support Castle Construction Products Ltd. The new investment marks a significant step in the business development cycle and we wish them every success for the future. It is great to demonstrate that large scale investments are taking place, with debt funding available to the right proposition.”
Andrew Smith continues
“When electricity is produced from the combustion of municipal waste, the flue gas is treated with lime to produce air pollution control residues (APCr). We process this APCr and use it as aggregate in our block manufacturing processes.
With the statutory requirement to consider the waste hierarchy, volumes of APCr routed to recycling outlets will have to increase. We are market leaders in the recycling of APCr and are committed to providing sustainable cost effective products that benefit both the client and the environment.”
For further information, visit www.castleconstructionproducts.co.uk