A sustainable waste management firm has opened a new site after securing a seven-figure funding package from HSBC.
Wigan-based SED Services has used the funding to open a recycling centre in Kirkby, Merseyside.
The new 10-hectare site will provide waste recycling services that ultimately produce composts and soils through biodegradable decomposition. SED, which was founded in 2005 and specialises in the disposal of non-hazardous waste,, says the site will save some 280,000 tonnes of waste from entering landfill.
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The expansion will also allow SED to win new customers and process more local authority contracts. It will create up to 40 jobs across the business, including plant and weighbridge operators, as well as account staff and transport personnel.
Debbie Baldwin, director at SED Services, said: “This is an exciting chapter for SED Services as we expand with the new facility in Kirkby. The location of the site will allow us to continue to develop as one of the leading companies in our sector across the region and reduce excess waste entering landfill sites.
“We’re excited for future growth plans and look forward to welcoming Evergreen Garden Care as our new partners along with the new staff to the site in Kirkby.’’
Jenny Taylor, relationship manager at HSBC UK, added: “We’re thrilled to support SED Services with the acquisition of this new facility and with the continued development of the business as a leading waste management company. We look forward to seeing the business strengthen its existing operations and grow within the sector.’’
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