Merseyside Family Business Switches to Biomass Boiler

Strategic Insights -

Mersey MDF, Plas and Ply, a family-owned business supplying bespoke timber products to the fitted kitchen and bedroom industry, has upgraded to an energy-efficient biomass boiler to heat its factory and office space. The [pounds sterling]300,000 funding package provided by Yorkshire Bank enabled the installation of the boiler, which was the first of its type to be approved by Sefton Council. The boiler qualifies for the Renewable Heat Incentive, guaranteeing the business a fixed payment from the government for the next 20 years. This change is expected to bring significant benefits to the business, including improved working conditions and reduced environmental impact.

Key Takeaways:

  • Mersey MDF, Plas and Ply, a Merseyside family business, has installed an energy-efficient biomass boiler to heat its factory and office space.
  • The boiler was funded by a [pounds sterling]300,000 package from Yorkshire Bank and was the first of its type to be approved by Sefton Council.
  • The boiler qualifies for the Renewable Heat Incentive, ensuring the business will receive a fixed payment from the government for the next 20 years.
  • The biomass boiler will improve working conditions, particularly during the cold winter months, by maintaining a constant heat source.
  • The company, established in 1919, offers a bespoke cutting and edging service, carries large stocks of timber-based sheet materials, and provides hardware services.
  • Relationship manager Mike Scott from Yorkshire Bank's Business and Private Banking Centre in Merseyside arranged the deal.

Statistics:

  • [pounds sterling]300,000: the funding package provided by Yorkshire Bank for the biomass boiler installation.
  • 20 years: the duration of the Renewable Heat Incentive payment guarantee for the business.
  • 1919: the year Mersey MDF, Plas and Ply was established.

Sources:

  • [1] "Mersey MDF, Plas and Ply Installs Energy-Efficient Biomass Boiler".
  • [2] Yorkshire Bank Press Release: "Yorkshire Bank funds [pounds sterling]300,000 Biomass Boiler Installation for Merseyside Business".