Wastecycle has invested £1m in eight new vehicles as it seeks to expand its operations in the East Midlands region.
The Nottingham-based waste management company, which processes over 500,000 tonnes of waste per-year, has already taken delivery of four DAF vehicles, with a further two DAF and two Mercedes trucks arriving over the next four weeks.
Wastecycle has already taken delivery of four DAF vehicles
The new vehicles offer low emission levels, the company has said, as well as fuel efficiency and safety features such as a four-way camera system, cycle radar and emergency braking systems.
Commenting on the investment, Paul Clements, commercial director at Wastecycle, said: “We’ve enjoyed fantastic growth over the last year, with our Leicester site increasing its customer base at an incredible rate,”
“The surge in demand for our services has contributed to this investment in new vehicles.
“We place huge importance on health and safety. That’s why we opted for the DAF and Mercedes vehicles as they boast some incredible safety features.”
Ownership
The investment announcement comes after private equity firm Exponent took ownership of Wastecycle following the purchase of the environmental division of DCC plc, in a transaction worth up to £215 million (see letsrecycle.com story).
DCC plc, which first entered the UK waste market with the acquisition of the Nottingham-based in 2006, announced the sale on April 5. The company later became the majority shareholder of the William Tracey Group which is among the largest waste management businesses in Scotland.
Wastecycle has also announced its recent achievements in the Royal Society for the Prevention of Accidents, where it achieved its eighth consecutive gold medal award, along with a silver level fleet award.
Mr Clements said: “It’s really pleasing that as well as seeing our business grow, we’re also receiving recognition for our commitment to health and safety. The RoSPA Fleet Safety Award coincides with the arrival of our new vehicles which, along with ongoing driver training, will help us in our efforts to make every day a safe day.”
Julia Small, RoSPA’s head of awards and events, added: “The RoSPA Awards are the most prestigious in the world of occupational health and safety, and held in high regard around the world, as winning one demonstrates an organisation’s commitment to maintaining an excellent health and safety record. Achieving the standard required is no mean feat.”
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Source: letsrecycle.com Waste Managment
