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Home›Accountancy›Binn Group buys neighboring Perth metalworking company

Binn Group buys neighboring Perth metalworking company

By Becky Ricci
June 16, 2022
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Scottish resource management company Binn Group has taken over rival company David Band Metals, cementing the group’s place as the leading metals business in Perth and Kinross.

The band operates a growing scrap metal processing center a few hundred yards from Band’s premises on Perth’s Shore Road.

Five employees from the newly acquired company have been retained and integrated into the workforce at the Binn Group Shore Road centre.

Binn Group Managing Director Brian Harkins commented: “The takeover firmly establishes the Binn Group as the leading metals business in the district and highlights the company’s key role in the Britain’s multi-billion pound metal processing and recycling industry.

“The Binn Group continues to consider further acquisitions to further strengthen our growing business,” he added.

Other investments in the company’s Shore Road center have included the recent purchase of a £250,000 metal handling machine.

The Shore Road center – a satellite operation of the Binn Group’s Ecopark in Glenfarg – is an accredited metals processor and offers a sustainable route for the recycling of all metals, purchasing ferrous, non-ferrous and precious metals from vendors commercial, industrial and national.

Established in 2001, the group now employs around 160 people and continues to develop the Binn waste-to-energy facility, which is expected to demonstrate a small-scale, fully integrated system for residual waste management, at the support for the Scottish landfill ban in 2025.

There are also plans for Scotland’s first recycling facility for recycling large rigid plastics and a world’s first state-of-the-art plastics sorting and recycling facility.

Binn Ecopark is also the location of a 2.3MW four-turbine wind farm, which forms the heart of a new private grid project, with the planned additions of battery and solar technology also expected to improve availability. base of renewable energy. This is expected to transform energy consumption at the site, with a proposal under consideration for a 25MW private grid connection in Perth.

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