A family-run waste recycling facility in Bristol has invested in a 21-tonne excavator after landing a six-figure funding boost. PMG Services said the new machine would be used for scooping up material tipped from the sweepers, moving more in fewer journeys.
According to the zero-to-landfill business, the excavator is the first of its kind in Europe and will allow it to feed more waste material into its recycling plant for turning into clean sand or soil.
The company secured the finance package for the excavator from HSBC.
Clare McGuinness, project manager at PMG Services, said: “We’re delighted to have purchased the innovative new excavator. Without it, we wouldn’t be able to operate our recycling plant at scale, and allows us to operate more efficiently as a business."
PMG Services was founded by Pat McGuinness in 1990 and has grown from an independent repairs garage to a major recycling facility.
The announcement comes a year after the business, which has a footprint across Cardiff, Oxford, Worcester, and Taunton, invested in three new road sweepers – with 85% of the vehicles repurposed from older, existing ones.
The financing also contributed to an additional new centrifuge which allowed the business to recycle and reuse wastewater from its operations, reducing reliance on mains water.
Andrew Redgrave, equipment finance relationship manager for HSBC UK, added: “We’re delighted to have supported Clare and the team throughout this purchase. This new excavator brings PMG Services to the forefront of its industry and has the potential to ramp up recycling capacity in the Bristol region. We look forward to watching this family business continue to grow.”
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