Deputy prime minister Nick Clegg has hailed metals recycler Van Dalen’s Meadowhall plant as “a real Sheffield success story,” following the unveiling of a £6 million investment in the site.
The Sheffield Hallam LibDem MP told guests at the launch: “This investment is great news for Sheffield’s economy and the wider region.”
The investment was also praised by Brightside and Hillsborough Labour MP David Blunkett.
“This imaginative investment is not only in line with the history and tradition of steel and re-processing in Sheffield, but is an example of how, despite the recession, jobs and economic activity can be created.
“The investment over the last seven years and the extra jobs are extremely welcome at this moment in time as an example of how responsible businesses can recycle metals for modern re-use.”
Van Dalen has invested £6 million in a state-of-the-art shredder, which will boost its capabilities to supply steel works with ferrous scrap, and in developing a non-ferrous recycling facility at the same plant.
Dutch-based Van Dalen has 13 recycling plants in Holland and Belgium as well as six sites in the UK.
Chief executive Frank Heukeshoven said: “Our UK operations form a vital part of the Van Dalen business, now processing around a third of our annual production worldwide.
“When we first started work on this six acre site in Sheffield in 2005, we were faced with a significant building job to get off the ground. Seven years and a total of £10 million of investment later - including the recent £6 million figure - we are delighted that our hard work and dedication to the region has paid off.”
Van Dalen UK’s Sheffield-based managing director Tom Bird says the group’s UK business is running extremely well following a strong performance in 2011.
Mr Bird added that the installation of the shredder transforms the Sheffield our site into a complete metals recycling facility.