Major capital spend for Kilwaughter Minerals
Minerals firm committed to almost £5 million of capital investment across 2022 and 2023
NORTHERN Ireland-based Kilwaughter Minerals Ltd have announced a two-year capital investment programme totalling £4.7 million.
The money will fund a range of projects with a focus on improving capacity and efficiency, reducing the company’s carbon footprint, and enhancing its market-leading position in the construction and agriculture sectors.
The initiative includes the construction of additional warehousing, updated plant and machinery, and a new blending plant that was completed earlier this year.
The company also plans to further improve the office facilities at its headquarters near Larne, in Co. Antrim, and its distribution and office facility in Cork, which is ideally placed to serve the company’s growing customer base in Southern Ireland.
These investments are in addition to recently completed enhancements at Kilwaughter’s facility in St Helens, Merseyside, and a newly opened business centre at the company’s headquarters in 2021.
Chief executive officer Gary Wilmot said: ‘As we seek to remain at the forefront of our industries and the markets that we serve, investing in our capital infrastructure remains an ongoing commitment for Kilwaughter.
‘These investments cover projects taking place across 2022 and 2023, many of them designed to ultimately enhance the experience of our customers and also the environment and opportunity for our team.
‘Demand for our products is increasing so we must plan for future growth and development, aligned with our commitment to sustainability.
‘Among our capital spend is the purchase of a more efficient stone drying system that will help us to reduce carbon emissions while also improving production efficiency.’