Co Down waste management firm creating 12 jobs as part of £9m investment in Newry
A Co Down waste management firm is creating around a dozen jobs with a new £9m investment in its plant.
Re-Gen Waste, based in Newry, says it is spending £2m to expand its paper recycling line, as part of a £9m investment earmarked over the next three years.
It says 30 new jobs will be recruited during the construction phase and 12 full-time positions will be created to support the "recovery of the highest grades of recycled paper". The expansion will grow the workforce to 205 staff.
"This new investment will enable the company to significantly increase paper exports so that they can continue to serve customers across the world for many years to come," the firm said.
Re-Gen's managing director Joseph Doherty said: "The completion of the project is hugely significant on a number of fronts.
"Firstly as an ambitious company with innovation at the core of everything we do, we are making a statement of intent about our commitment to our employees and aspirations for the future.
"The plant upgrade will enable us to achieve a much improved performance.
"We learned from the World Trade Organisation that the Chinese Government intended to ban certain grades of paper, which we were supplying to their top three mills.
"In order to meet this challenge rapidly we pumped £2m into our R&D Department to help us install optical sorting, ballistic separators and a range of eddy currents and steel magnets, which will allow us to offer China and other markets, the higher grades of paper they are now demanding."