A Bristol-based construction and recycling company is on course for a record growth year, which is set to propel it into an exciting new era.
The ETM group is set to announce a turnover of £18.3m, which is a 24% increase on last year’s total of 14.7m.
Such an impressive increase has been helped in no small part by the company’s waste management division posting a whopping 35% increase on turnover.
ETM Recycling announced turnover of £7.6m for 2018, up by £2m compared to 2017, in what has been an impressive year for the company, whose headquarters is at Ashton Vale in South Bristol.
The company has invested £4m in a new zero waste to landfill recycling plant, which will be the first in the South West.
The plant, which will be on the existing site, will allow ETM to double the amount of waste accepted and processed from 70,000 tonnes to 140,000 plus. It will also increase efficiency, enabling ETM to process around 80-100 tonnes of material per hour.
Amy McCormack, Director of ETM Recycling, commented: “We have grown significantly in the last couple of years and our turnover for this year demonstrates this. But as a company we are not standing still, and the new plant will push us on even further and allow us to build on our initial success. We certainly expect to double our turnover within the next two to three years. Four million pounds is a huge investment, but it will place us very much at the forefront of the recycling industry.”