Ron Allen - Managing Director - stated that Filon Products Ltd. have moved to larger premises due to outgrowing their previous site, where the Company had operated for the last 47 years.
Announcing a new phase in the development of Filon Products, one of the UK's largest rooflight and grp materials manufacturer, new Managing Director Ron Allen said how proud he was to be leading an established management team which will maintain growth and continue to build on Filon's successes.
commented: "It is a tribute to the Company, its staff and products that people who have worked here for many years were prepared to show their trust by investing in a Company which is getting bigger and stronger.
We intend to introduce new products while maintaining the quality and reputation of our established lines.
Our customers can only benefit from this new and exciting step forward".
Filon's Chairman, Neil Gillespie praised HSBC for their support and Kevin Lambert of HSBC Specialised Financing responded: "Filon is a long standing and successful HSBC customer and we are delighted to have been selected by Ron, Neil and the team to support them in the management buyout of the Company".