The Business Magazine - B2B Business News - Site Logo
The Business Magazine March 2024
Read now
PICK YOUR EDITION

Midlands-based manufacturer is investing a six-figure sum to make a major reduction in its carbon footprint

15 April 2020
Share
The Business Magazine article image for: Midlands-based manufacturer is investing a six-figure sum to make a major reduction in its carbon footprint

A forward-thinking, Midlands-based manufacturer is investing a six-figure sum to make a major reduction in its carbon footprint – and has received grant funding to support its efforts.

Sarginsons Industries Ltd, which is based in Torrington Avenue in Coventry, is buying a new de-coring machine at a cost in excess of £200,000.

The machine will help the company, which is a specialist in lightweight castings, reduce its carbon emissions by 524.9 tonnes per year. The machine is used to remove the internal sand cores that are manufactured, and cast over, to create the hollow section lightweight chassis components.

It is the latest in a series of investments made by Sarginsons to make it more environmentally friendly and has been supported by a £50,000 grant from the Coventry and Warwickshire Green Business Programme assisted by the Coventry and Warwickshire Local Enterprise Partnership (CWLEP).

The Green Business Programme is partly funded by the European Regional Development Fund (ERDF) and is being delivered by Coventry City Council.

Anthony Evans, managing director of Sarginsons, said: “We are still forging ahead with our plans to grow and invest in the future.

“A major part of those plans is reducing our carbon footprint and is something we have been doing over a number of years now with a series of investments. We have a key strategic plan to establish Sarginsons as a carbon neutral business through a net zero carbon footprint in the coming years.

“We are delighted to be able to invest in a new de-coring machine, which will reduce our carbon emissions by a further 524.9 tonnes per year, and we are extremely grateful for the support from the Coventry and Warwickshire Green Business Programme.”

Cllr Jim O’Boyle, cabinet member for jobs and regeneration at Coventry City Council, said: “I’m really pleased that we could support Sarginsons to move to more energy efficiency production. It makes environmental sense and business sense – so it’s a winner all around.

“Our Green Business Programme can provide grant funding to local businesses who want to reduce their carbon footprint and lower their energy bills and it’s great to see a Coventry based manufacturing business leading the way.”

It comes hot off the heels of a previous investment by Sarginsons, which saw the company awarded a grant of £50,000 in June 2019 through the ERDF Business Support/Investment Fund programme.

That was part of an overall investment of £260,000 and was to assist with the purchase of holding furnaces, hydraulic power pack and overhead crane, which is part of the expansion of the company’s foundry.

 


Nicky Godding is editor of The Business Magazine. Before her journalism career, she worked mainly in public relations moving into writing when she was invited to launch Retail Watch, a publication covering retail and real estate across Europe.

After some years of constant travelling, she tucked away her passport and concentrated on business writing, co-founding a successful regional business magazine. She has interviewed some of the UK’s most successful entrepreneurs who have built multi-million-pound businesses and reported on many science and technology firsts.

She reports on the region’s thriving business economy from start-ups, family businesses and multi-million-pound corporations, to the professionals that support their growth and the institutions that educate the next generation of business leaders.

Related articles

Latest Deal Ticket

view more
Hydrock (Bristol)
has been acquired by
Stantec
May 2024
UNDISCLOSED
Who's behind the deal?

Upcoming events

view more
06
Jun

South Coast Property Awards 2024

Hilton Southampton
Utilita Bowl
More info
12
Jun

Leadership Roundtable: Developing strategies for financial returns over the next decade

Herrington Carmichael, Farnborough Aerospace Centre, GU14 6XR

More info
18
Jul

Thames Valley Tech & Innovation Awards 2024

Reading FC Conference & Events
Select Car Leasing Stadium, Reading
More info
26
Sep

Thames Valley Property Awards 2024

Ascot Pavilion
Ascot Racecourse
More info
03
Oct

South Coast Tech & Innovation Awards 2024

Hilton Southampton
Utilita Bowl
More info
07
Nov

Thames Valley Deals Awards 2024

Reading FC Conference & Events
Select Car Leasing Stadium, Reading
More info
21
Nov

Hampshire Business Awards 2024

Farnborough International
Exhibition & Conference Centre
More info

Related articles