Business

Co Antrim IT recycling firm to create 60 jobs as part of £2.5m investment

L-R: Giles Ward, Philip McMichaeland Faye Thomas from Vyta (previously AMI).
Ryan McAleer

AN IT recycling company is to create 60 new jobs in Co Antrim and Dublin as part of a £2.5 million investment.

Set up in 2001, Mallusk-based AMI is to rebrand as Vyta under the move, which will see the company grow its workforce to 150 by 2024.

The new jobs, which will be split between its bases in Co Antrim and Rathcoole in Dublin, will see 40 new roles in engineering and operations, with the remainder mostly office-based positions.

The company, which specializes in the secure disposal and recycling of IT equipment, said the expansion follows steady growth during the Covid-19 pandemic, which has set the firm on target to reach a revenue of £8.5m by the end of 2021.

The IT firm forecasts revenues reaching £12m by 2023.

Chief executive Philip McMichael said: “The criticality of our service is evidenced by the growth we achieved through the pandemic.

“The demand for our business is driven by three critical business drivers: security, compliance and sustainability.

“We have built the most secure IT recycling service across the island of Ireland to enable organisations to cleanse their old laptops, desktops and hard drives and ensure that no sensitive customer or business information remains.”

He said the £2.5m investment from Vyta's shareholders will be spent on operations, marketing and training.

The firm is also opening a new e-commerce sales warehouse for its retail arm RefreshedByUs, to help drive sales of refurbished laptops and PCs.

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