Andrew Halstead-Smith, group marketing manager at Ibstock Brick, said: “Following the recent growth in the construction industry, today’s announcement regarding the extension of Help to Buy’s equity loans until 2020, is another welcome boost to support the country’s house building industry and subsequently, drive further demand for bricks.
“At the depth of the recession in 2010, Ibstock foresaw the return to form of the construction industry and made the decision to invest more than £20m in the redevelopment of our Chesterton factory in the heart of the Potteries. This investment has led to a world-leading production site - the most energy efficient of its type in the world. We have future-proofed the factory and a range of suppliers as well as protecting 80 factory-related jobs, thereby guaranteeing opportunities for the local community for the next 25 years."
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