GETTING GREENER THANKS TO LOAN.
A COMPANY in Huddersfield providing environmentally friendly building materials has secured a six-figure loan to help it grow even greener.
Environmental Construction Products Ltd, which trades as Green Building Store, has received the pounds 100,000 loan from Partnership Investment Finance.
The funding is being used to help the Golcar-based business promote its products in new and energy markets. It will also enable the firm to develop new products targeted at the public sector.
The company supplies environmentally-sensitive building products which promote energy efficiency. Items range from insulation to windows and from paint to bathroom fixtures. The company was involved in building a low-energy house at Longwood and has been praised for its work with West Yorkshire Passenger Transport Executive for its installation of waterless urinals and water-saving toilets in bus stations.
Steve Slator, financial director of Envi ronmental Construction Products, said: "We need to maintain our position as a leader in providing environmentally sound building materials.
"New Government legislation affecting social housing builds means architects and developers are looking for us to provide materials aimed at achieving tough environmental standards.
"The loan enables us to commission and hold stock of a unique new water-saving bath, to help developers hit their targets for water efficiency and achieve Secure By Design status for our range of windows.
"It will also help us target our marketing in the social housing sector which is one of the few construction markets with potential for growth."
Ian Howson, PIF lending manager, said: "Environmental Construction Products is an innovative company which has found a niche away from traditional markets.
"It is forward thinking and they were moving towards the public sector construction market before the credit crunch hit."
PIF is an investment fund aimed at supporting growing businesses in Yorkshire. It has invested pounds 37m in growing businesses over the past four years.
PRAISE: Ian Howson, lending manager for PIF
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|Publication:||Huddersfield Daily Examiner (Huddersfield, England)|
|Date:||Feb 23, 2009|
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