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investment deal isright
isgoodnews worthformulafor
£2.25msuccess
A recycling specialist has The former headquarters and
completed a £1.5m investment warehousing for a NewportA Blaenau Gwent-based
in a facility at Newport – business has been acquired inpharmaceutical company which
improving efficiency at a a deal worth £2.25m.has taken an industry lead on
complex where 90 per cent of Leeway House, on the city’senvironmental good practice has
all collected waste is reused Leeway Industrial Estate, was
been named as a role modeland recycled.
previously occupied by D & Scompany.The major investment by GD
Wholesale a business ownedLocated in Tredegar, PennEnvironmental places the firm at
and run by Newport entrepreneurPharmaceutical is one of the UK’sthe forefront of efforts in Wales
David Lippiatt.leading providers of pharmaceuticalto lead the way in the recycling
The property, whichoutsourcing services to theof domestic and commercial
comprised a 70,000 sq ft buildinginternational healthcare industry. Thewaste, and has led to the
on a three acre site with one ofcompany is involved in formulationcreation of 15 new jobs.
the acres of land available fordevelopment, analytical development,James Norvill, managing
redevelopment, has beenclinical trial manufacture, clinical trialdirector of GD Environmental,
acquired by Heartlands Furnituresupplies and contract manufacturing.said: “It is essential that we
Ltd.The firm, which employs 237continue to reinvest in new
The freehold building, oncepeople and has a current turnover ofpeople, vehicles and equipment
refurbished and converted, will£23m, has been invited to join theto assure we can satisfy the
be run as a franchise of theWelshAssembly Government’sdemands of our growing client
Birmingham-based self-storageprestigious Inside Welsh Industrybase across the UK and
business Storage King whichprogramme. The company will shareEurope.”
operates from some 40-plus sitesits best practice environmentalGD has taken its investment
right across England and Wales.strategies with business owners andpast the £1.5m mark after
Some 10 jobs are likely to bemanagers from across Wales.acquiring a £130,000 Komatsu
created by the new venture.Over the last four years Penn haswheeled loading shovel to serve
Newport-based Hutchingsadopted a comprehensive awardits waste transfer station in
and Thomas Charteredwinning environment policy which hasNewport.
Surveyors, brokered the sale ofseen it working withArena Network;Since GD Environmental was
building while John Bodinham, offunding the placement of anestablished in 2004 through the
John Bodinham & Partners,environmental research assistant;merger of Gwent Drain Services
acted for Storage King.achieving the Green Dragon level 5and Marine and Industrial
Glenn Haley, of Hutchings &and ISO14001 environmentalServices Ltd. The company has
Thomas, said: “This deal is solidstandards, and has adopted a rangeexpanded at a rate of 307 per
evidence, if any is needed, thatof measures to reduce carboncent year on year and has
despite the current gloomemissions.established a client base of more
affecting the commercial propertyThe company has installed energythan 400 regular account
market, there remains veryefficient lighting and motors, andcustomers.
strong demand for freeholdmade personnel aware of the need to“This new piece of plant
industrial property.”conserve energy by encouraging staffequipment was purchased to
to turn off electrical equipment at theincrease the rate in which we
end of the day. Penn has alsocan transfer materials around
installed energy efficient equipmentour waste transfer station,
such as photocopiers that powertherefore increasing the speed in
down to idle mode after a short periodwhich we recycle our customer’s
of non use. The company has alsoskipped waste,” said Mr Norvill.
achieved outstanding results in“The loading shovel will
recycling and reductions in waste tocollect different types of waste
landfill.around our two-acre site and
Valerie Ellis, Penn’s humantransfer materials to different
resources director, said: “We’rerecycling bins ready for
delighted to be a role model companyprocessing. For example all
for the Inside Welsh Industrycardboard will be moved to our
programme.”cardboard bin ready for bailing.”
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