North East waste management firm to create jobs with six figure investment
A North East waste management solutions firm has announced that it has secured a six figure investment to expand and create jobs.
Industrial services and waste management solutions firm Harpers Environmental Limited has secured a six figure investment from NPIF – FW Capital Debt Finance, managed by FW Capital and part of the Northern Powerhouse Investment Fund (NPIF).
The Billingham-based firm has received growth capital funding that will be used to expand and accelerate its operations in the region and create more jobs.
The deal was facilitated by FW Capital investment executives Steve Teasdale and Anne Blanden.
Steve Teasdale, investment executive at FW Capital, commented: “We are delighted to enable such a successful business to take advantage of the growth opportunities that will create new jobs and safeguard many more in Tees Valley.
“Harpers do an incredible job and this has been reflected recently through their vital contribution to supporting other businesses on Teesside to continue to operate during the COVID-19 crisis.
“This type of joint effort shows how the business network is pulling together and helping each other and the communities they work in.”
Gordon Mackay, Harpers Environmental managing director, said: “We are delighted to have received this investment from FW Capital, which will enable us to secure and further grow long-term contractual arrangements with the proponents in the petrochemical, utilities and waste management sectors, employ more people over time and continue to grow our business.
“We are very grateful to FW Capital for their help and support.”
Tees Valley Mayor, Ben Houchen, added: “We may be in unusual times at present, but there are still so many businesses in my region working hard and doing incredible things.
“Harpers is an example of one, delivering the waste and environmental services needed to keep firms running throughout this uncertain time.
“Harpers is yet another firm investing, growing and creating good quality jobs for local people in Teesside, Darlington and Hartlepool.”
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