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Vital investment from CO2Sense helps Sheffield firm kick start production

September 28th, 2012 | 8:26 am

CO2Sense has helped an innovative manufacturer on the road to success after faulty lighting threatened to delay production.

When Sheffield-based R3 Products leased a 40,000ft2 new premises, the company did not envisage that they would have to contend with a defective lighting system. With all existing investment allocated towards production equipment, R3 approached CO2Sense to help them purchase a new energy efficient lighting system.

CO2Sense provided £6,800 of investment, which was matched funded by R3. On an annual basis, the new lighting reduces energy costs by over £13,000 compared to the warehouse’s previous system and has reduced electricity consumption by 191,850 Kwh per year.

Paul Sapsford, finance director of R3 Products, said “CO2Sense’s investment was crucial. All of our existing capital was tied up in new production equipment and other overheads. Purchasing a brand new lighting system was an unexpected cost that we could not immediately afford, but needed to resolve quickly to ensure the safety of our staff and enable production.

“Compared to the old system, the new lighting is much more cost-effective and it has resulted in a major reduction in carbon, which is in-line with the company’s manufacturing ethos.

R3 manufactures innovative engineering solutions for the construction sector using unwanted mixed waste plastic as the raw material. It was launched last year after recognising a gap in the market for products made with materials, which would otherwise be destined for landfill.

Your business may also be able to save money on its energy bills with the purchase of new lighting or other energy saving equipment, such as a new boiler or improved insulation. If you are an SME in the Yorkshire & Humber region, you may also be eligible for a free grant of up to £8,000 to help you purchase the necessary equipment to allow you to make savings and boost profitability. For more information on how we can assist please click here

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