Business

Kilwaughter Minerals commits £4.7m to capital investment

Kilwaughter Minerals chief executive Gary Wilmot has unveiled plans for a £4.7m capital spend by the company over the next two years
Kilwaughter Minerals chief executive Gary Wilmot has unveiled plans for a £4.7m capital spend by the company over the next two years Kilwaughter Minerals chief executive Gary Wilmot has unveiled plans for a £4.7m capital spend by the company over the next two years

LARNE-based minerals processor Kilwaughter Minerals Limited is planning to spend £4.7 million over the next two years in a major capital investment programme.

The money will fund a range of projects with a focus on improving capacity and efficiency, reducing the company’s carbon footprint, and enhancing its market-leading position in the construction and agriculture sectors.

It also includes the construction of additional warehousing, updated plant and machinery, and a new blending plant that was completed earlier this year.

The company also plans to further improve its office facilities at its Kilwaughter headquarters as well as its distribution and office facility in Cork, which is ideally placed to serve its growing customer base in the Republic of Ireland.

These investments are in addition to recently completed enhancements at its St Helens facility and a newly opened business centre in 2021.

Kilwaughter (www.kilwaughter.com) services a growing customer base with products such as through-colour renders, external wall insulation systems, soil health conditioning minerals and livestock bedding lime solutions to control bacteria.

Its chief executive Gary Wilmot said: “As we seek to remain at the forefront of our industries and the markets that we serve, investing in our capital infrastructure remains an ongoing commitment for Kilwaughter.

“These investments, cover projects taking place across 2022 and 2023, many of them designed to ultimately enhance the experience of our customers and also the environment and opportunity for our team.

“Demand for our products is increasing so we must plan for future growth and development, aligned with our commitment to sustainability.

“Among our capital spend is the purchase of a more efficient stone drying system that will help us to reduce carbon emissions while also improving production efficiency.”