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Colwick firm celebrates 20 years in business


A Colwick firm invited it’s longest serving employee and first ever customer to join them in celebrations to mark twenty years in business

Wastecycle marked its 20th birthday with coffee and a giant cake served up to all its employees on Tuesday.

The company that was founded by Mike Shearstone and Paul Needham in 1998.

Mr Needham was joined by the company’s first and longest serving employee Richard Ashby and Andy and Peter Stephens from customer John A Stephens, which has worked with Wastecycle since day one.

The company, which has premesis on Colwick Industrial Estate, has an annual turnover in excess of £44 million and recycles or recovers 98% of the waste it collects.

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“We have enjoyed tremendous growth in the last twenty years, and are really proud of how the business has developed in that time,” said Mr Needham.

“We set out to make a difference to our customers by recycling their waste and passing on the cost savings. We wanted to help them reduce their impact on the environment by recycling their waste into sustainable recycled products rather than landfilling.

“During the last 20 years we have diverted over 5 million tonnes of waste from landfill.”

He added: “We’ve certainly exceeded our initial expectations in 1998, and our four sites are now busier than ever.”

Wastecycle’s first employee, Richard Ashby was given the honour of cutting the company’s birthday cake.

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He said: “I’ve seen a lot of changes since I started working here. I’ve seen the company grow from one small site to its current 20 acre resource management and recovery park in Colwick. I’ve seen us expand into Leicester and the investment of millions of pounds into new vehicles and equipment.

“I’ve seen a lot of people join the company. I’m not quite ready for retirement, so I guess I will see a lot more change as we continue to grow. Wastecycle is a fantastic company to work for, and I’m sure everyone is really proud to celebrate its 20th anniversary.”

Peter Stephens of John A Stephens said: “We’ve been pleased to see Wastecycle grow and they’ve helped us reduce our costs and lessen our impact on the environment. I’m very pleased for Paul and his team. Here’s to the next 20 years!”

To find out more about Wastecyle, please visit www.wastecycle.com or call 0115 0115 940 3111.

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