LONDON (Alliance News) - Luxury interior furnishings company Walker Greenbank PLC on Friday said its Standfast & Barracks factory in Lancaster has suffered substantial flooding due to the heavy rain over the weekend caused by Storm Desmond.
Walker Greenbank said it is carrying out an urgent assessment of the flooding and expects a period of disruption of production at the fabric printing factory, along with damage to machinery, stock and profit.
The group said it has a comprehensive insurance policy in place and has logged a claim for the damage caused.
A further announcement on the effects for the flooding for the company will be published in due course, its said.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
Copyright 2015 Alliance News Limited. All Rights Reserved.