Partner Article

Darlington firm set for expansion thanks to Bank investment

A Darlington based recycling firm is set to create new jobs and improve efficiency this Autumn thanks to an expansion of their site.

Total Recycling Service will begin building work on the new extension, which will increase the company’s work space six fold, will also feature a new waste transfer station and a new recycling building.

Eight jobs will also initially be created, taking staff numbers up to 30, and the firm is now searching for a chemist, forklift truck drivers and ground staff.

It is also hoped that the expansion will boost turnover to £6 million after 2012.

The £800,000 investment has come from the Yorkshire Bank Investing for Growth Initiative, which helps businesses to take advantage of loan repayment holidays, interest only repayments and extended credit terms.

Managing director Alex Foreman, only launched the Total Recycling Services in 2009, but the company has already developed relationships with several blue-chip companies in the North East.

He commented: “We are experiencing growing demand for or broad-based specialist services and this expansion will enable us to keep pace with customer needs.

“We are very pleased to be expanding and creating new jobs in a tough period for the economy, and the new waste transfer station will facilitate the faster and more efficient sorting of waste and the new recycling building will facilitate the faster and more efficient sorting of waste, and the new recycling building will take more of our operations under cover, which is better for the environment.”

The expansions comes after Total Recycling acquired six new vehicles, all with backing from Yorkshire Bank.

Yorkshire Bank Tees Valley FSC business partner, Richard Jackson, says: “The growing need for society to manage waste effectively does not automatically mean that it is easy to build a successful waste management business.

“Alex Foreman and his team are building a first-class operation and Yorkshire Bank is pleased to be backing them through our Investing For Growth campaign.”

This was posted in Bdaily's Members' News section by Ruth Mitchell .