South Bristol-based ETM Recycling has been given a funding boost with a £7m investment from NatWest.
ETM Recycling, which has the largest waste management fleet in the South West, will use the funding to strengthen its current recycling capabilities while also creating new jobs.
The Ashton waste management firm is hoping to upgrade its facilities with the investment from the bank.
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ETM Recycling has welcomed the funding boost from Natwest – photo: ETM
Amy McCormack, commercial director at ETM Recycling, said: “We’re so proud of what we’ve built so far, and have no intentions of slowing down.
“Continuing to invest back into the business is crucial in sustaining that growth and ultimately, helping us ensure as little of Bristol’s waste ends up in landfill as possible.
“This move will allow us to significantly upgrade our current facilities, speed up our operations and adopt new techniques.
“Working so closely with our relationship director made the process with NatWest really smooth and we’re very grateful to them for their support on this ETM Recycling’s next step.”
The company is hoping to build on their 300,000 tonnes of waste diverted from landfill in the last year thanks to this fresh backing, which will fund the firm’s investment in the latest recycling technology.
ETM’s goal is to recycle as much waste as possible, helping local individuals and businesses alike reach their environmental goals.
Founder Eddie McCormack first launched the firm’s parent company ETM Group in 1994, specialising in highway maintenance and civil engineering.
ETM Group now employs more than 250 staff and currently help other businesses in the area to divert a cumulative 300,000 tons of waste from landfill each year.
The business is, however, currently at loggerheads with Bristol Sport, with ETM beginning judicial review proceedings seeking to stop a housing development being built on Ashton Vale next to their plant, which Bristol Sport says needs to happen in order to fund the proposed Ashton Gate Sporting Quarter.
European Metal Recycling is a global scrap metal company – photo: EMT
Mark Forbes, relationship director at NatWest, said: “ETM Recycling is a core part of Bristol’s business community, and the team are making great strides in improving access to affordable and easy recycling options across the entire region.
“The firm’s innovative approach allows them to always stay of the curve, constantly looking at how they can adapt to meet the needs of its customer base.
“Sustainability is only going to become more of a core focus for businesses in the coming years, and ETM Recycling is well placed to play an integral role in that shift.”
Main photo: ETM
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