Tyrone Manufacturer Is To Double In Size
Tyrone firm Waste Systems is to double in size following an investment of half-a-million pounds.
The Plumbridge-based company is to take on 16 extra workers, taking its overall staff to 30.
It specialises in the provision of separation solutions for municipal and other light duty waste, with a core product offering of six screening and separation machines.
The firm has sold machinery across the world to customers in America, France, Belgium and Britain.
The business, founded in 2009, has received finance from the Growth Loan Fund.
Managing director Nishi Ward said: “The significant global changes in attitude to reducing landfill in recent years along with the introduction of legislation has contributed to our success to date and positions the company as a key player in the drive to create a better environment. “By separating the waste our machines further benefit the customer by opening a revenue stream whereby they can charge to accept waste and sell recovered materials. “Through an extensive and innovative R&D programme, a range of market leading products in GB and Europe have been developed. On the back of this significant distribution deals have been won and a healthy sales pipeline developed. “The loan received will now be used to convert these orders to end products. As the company grows so will the number of employees – in the next three years we will have in excess of 30 staff.”
Mark Canning, senior investment manager at WhiteRock Capital Partners, which administers the fund, added: “Nishi has been able to identify a gap in the market of a very profitable sector. He has established his own business which has grown exponentially in a short time frame. “Waste Systems machinery is now being used worldwide and is an excellent example of a local company with a global reach. At WhiteRock we are proud to support companies that are being recognised across the world.”
Source: irishnews.com
