TJ Group Takes on Portsmouth Recycling and Waste Transfer Station
|Published: 27th July 2010 13:47|
From left, Philip Yetman and Anita Choi of Coffin Mew with
John Gosling, TJ's director of operations
A regional waste management specialist has acquired a commercial recycling and waste transfer station in Portsmouth as part of its expansion strategy.
The deal means the independent TJ Group, which has 3,000 clients ranging from blue-chips to sole traders, now operates four similar sites across Hampshire and Sussex.
Fareham-based TJ has signed a 14-year lease with previous site operator SITA to run the covered facility at Airport Industrial Park, near Hilsea in Portsmouth.
The site at Quatremaine Road can handle up to 135,000 tonnes of recyclable material a year from commercial waste customers within a 15-mile radius.
Materials will be delivered or collected by, typically, 60 vehicles a day.
They include soil, rubble, plasterboard, wood, paper, cardboard, cans and plastics.
The materials are sorted by loaders into specification before being baled, shredded, crushed or screened and then readied for transport to reprocessing markets.
John Gosling, TJ's director of operations, anticipates a recycling rate of 85%.
He said: "We're providing a market-leading facility in Portsmouth that commercial customers, such as construction and building contractors, can easily make use of to reduce the amount of waste that ends up as costly landfill.
"The station also meets the ongoing need for increased recycling of construction and demolition waste in Hampshire.
"TJ has years of experience in servicing smaller volumes that large waste management groups cannot accommodate due to economies of scale, and we anticipate breaking into profit on operations here by autumn.
"This latest acquisition is part of our expansion strategy across the M27 and A3 corridors, helping businesses large and small, from offices to factories, maximise their recycling of renewable resources.
"We've gone from nought to £14m turnover in 15 years, and there is no reason why we can't go from £14m to £40m in 10 years by expanding in a regional box covering Brighton in the east to Bournemouth and beyond in the west and up to Swindon on the M4 and further east to the M25."
Regional law firm Coffin Mew advised TJ on the lease deal at the site, which is owned by the city council. Three-year break clauses are included.
Anita Choi, a corporate lawyer at the Portsmouth office of Coffin Mew and the TJ Group Client Relationship Manager, said: "TJ is a valued client to the firm and are our own recycling provider. We have seen them grow over the years to a heavyweight waste management specialist as well as a highly respected local business."
Philip Yetman, a commercial property partner at Coffin Mew, said: "We are delighted to once again work with Terry, John and the team at TJ. This acquisition will put them in a position of strength in the management of renewable resources for commercial businesses in the Portsmouth area."
The plant, located next to Portsmouth's £50m waste-to-energy incinerator, has created five new on-site jobs for TJ, bringing the staff headcount to 110.
Opening hours are 6.30am to 6pm Monday to Friday and 6.30am to 1pm on Saturday.
TJ's other recycling and transfer stations are in Havant, Winchester and Yapton, near Arundel in West Sussex.
Clients in and around Portsmouth include Gunwharf Quays, decoy missiles giant Chemring Plc, Portsmouth NHS Trust and City of Portsmouth Boys' School.
Other regional clients include professional services' companies, such as Knight Frank, King Sturge, Lambert Smith Hampton, Coffin Mew, Grant Thornton, Balfour Beatty and Selwoods.