Sarginsons Industries announces major green investments
April 26, 2017
Sarginsons Industries, a world-leading lightweight casting company, is investing a six-figure sum in new energy efficiency measures at its Coventry foundry.
The company is in the process of installing two new gas furnaces, a new air compressor system, along with new LED lighting across its facility.
The £130,500 investment, includes grant funding of £26,365, and will see Sarginsons reduce its CO2 emissions by as much as 335 tonnes of CO2e per annum as a result of the significant savings in the company’s annual electricity consumption.
Sarginsons has become the first company to utilise the Coventry and Warwickshire Green Business Programme, which is part financed by the European Regional Development Fund and is being delivered by Coventry City Council, Coventry University and Coventry University Enterprises Ltd.
The programme is open to businesses with less than 250 employees situated in Coventry and Warwickshire.
Anthony Evans, managing director at Sarginsons Industries, said: “Sarginsons is at the forefront of technological advances in the manufacturing industry and is constantly working on new measures to improve our carbon footprint and reduce emissions, and to support our clients to do the same.
“We’re pleased to announce the investment in new equipment which will lead to further improvements in performance and energy efficiency savings across the company, and continues our advancement in the cutting edge of pioneering technology.
“We worked closely with energy efficiency consultancy Pro Enviro and business energy advisers at Coventry City Council on this project and we look forward to the final stage of installations and tracking the savings over time.”
Councillor Jim O’Boyle, cabinet member for jobs and regeneration at Coventry City Council, said: “I’m really pleased that Sarginsons Industries is the first local company to take advantage of our Green business Programme. It’s set up to protect and create jobs in small and medium sized businesses and to improve green credentials.
“This European funded project means businesses can access specialist and tailored support and I hope many more will get involved.”
Steve Stones, owner of Pro Enviro Ltd, supported Sarginsons Industries on the project. He said: “We’re pleased to have worked with Sarginsons Industries to support its green business grant application.
“The new measures will result in significant energy efficiency savings and support process optimisation at the company. The investment should pay for itself inside three years and will continue to generate savings over at least the next ten years.”
Sarginsons has been at the forefront of diecasting for 80 years and is one of the few European companies to offer low pressure diecasting, sandcasting and gravity diecasting in a single foundry.
The manufacturer is renowned for its excellence in the field of automotive lightweighting and the company counts some of the most respected names in the automotive, petrochemical, energy and engineering sectors as clients.
PICTURE: Sarginsons Industries in Coventry
Notes to editors
The project is receiving up to £26,365 of funding from the England European Regional Development Fund as part of the European Structural and Investment Funds Growth Programme 2014-2020. The Department for Communities and Local Government (and in London the intermediate body Greater London Authority) is the Managing Authority for European Regional Development Fund.