FTSE 100
SUSAN KENYON Research and development
+53.65 6051.03
Full inter view - Page 3
SIMON KAYE It’s the latest thing Column - Page 5
An EXAMINER publication
KIRKLEES BUSINESS NEWS The business NEWSpaper for Kirklees
Company wins by cutting waste line A DEWSBURY firm has cut the amount of waste it sends to landfill by three-quarters as part of efforts to go “green” and improve efficiency. Now it is working towards “total waste elimination” by recycling all its media materials. Parker Racor, the European filter division of control technologies specialist Parker Hannifin, joined forces with the National Industrial Symbiosis Programme to reduce its waste to landfill by at least 75%. The move underlines the firm’s environmental responsibility and has helped it to improve resource efficiency and sustainability. Ros O’Connor, the firm’s environmental, safety and health coordinator, said: “This new environmental initiative goes hand in hand with Parker Racor’s desire to be at the forefront of being environmentally friendly and – just as importantly – safe manufacturing processes. “Indeed, the programme will see the company saving 40 tonnes of “virgin” material, as well as cutting CO2
emissions by 103 tonnes.” In particular, the company was keen to source a re-processor for certain kinds of waste created in the manufacturing process. These concertina-type components used in vehicle fuel filters are unsuitable for conventional recycling because of their composition. Historically, they had to be sent to landfill, but the company had been working to find a solution more appropriate to its forward-looking waste policy. NISP analysed processes at Parker Racor to identify a specialist processor in Yorkshire. The materials are now compacted and converted by the processor into compost and other useful by-products aimed at the farming market. The move enables a massive 40 tonnes of waste material to be diverted from landfill every year. Ros said: “As a key local employer, we are totally committed to the environment and our goal is to achieve maximum sustainability across all our
Experian Corpfin on behalf of insolvency trade body R3. Eleven deals in Yorkshire during the second half of 2010 involved companies acquired out of administration or other formal insolvency procedures. That equates to one in 11 of all mergers and acquisitions. There were 19 such deals during the first six months of
Building an innings A FIRM providing surface cooling and heating systems for the construction industry is set to bowl over delegates at a major event. Skelmanthorpe-based Velta is staging a forum for professionals involved in sustainable design and building at Lord’s Cricket Ground in London.
● Full story - Page 6
■ WASTE NOT: Pictured with their RoSPA award are (from left) Helen Thompson, Philip Speight, Ros O'Connor and Brian Hall, of filter systems specialist Parker Racor
manufacturing processes. “This is a first step towards zero media waste and only one of the many initiatives that we are carrying out to care for our environment and our local community.” Parker Hannifin is the world’s leading manufacturer of motion and
control technologies and systems, providing precision-engineered products for a wide variety of mobile, industrial and aerospace markets. The company employs about 55,000 people in 46 countries around the world.
Fewer buyers for Yorkshire’s troubled firms FEWER insolvent companies in Yorkshire found buyers during the second half of 2010, a survey has revealed. But they continued to account for a “significant” proportion of all merger and acquisition activity in the region, according to the research carried out by business information group
INSIDE
last year, or one in seven of all acquisitions. Andrew Walker, Yorkshire regional chairman for R3, said: “Insolvent deals have been running at high levels since mid-2008 when the economic problems began to set in. “The numbers peaked between mid-2009 and the
middle of last year and have since fallen back to the levels of early 2009. Buyers who have the money have been taking the opportunity to pick up businesses and assets during the downturn while values remain low. “The fall in distressed deals in the past six months may reflect the fact there have been
fewer insolvencies and therefore fewer distressed businesses coming on the market. “However, potential buyers should be aware that in the run-up to recovery there is still a window of opportunity to acquire businesses that are potentially profitable but in need of some tender loving care.”
The most trusted news brand in the business
examiner.co.uk
8 , Fe b r u a r y, 2 0 1 1
Mind your language SIX language lecturers who took voluntary redundancy have joined forces to run English classes for people such as migrant workers and home students.
● Full story - Page 4
Solicitors for business inYorkshire www.chadwicklawrence.co.uk Huddersfield | Wakefield | Halifax | Leeds