THE new chairman of Mr Binman George Russell says the company is to set up a permanent base in the city.
Mr Binman - which employs 150 people across the county - has agreed to use a four-acre site on the Dock Road, and it plans to carry out the majority of its work there.
The waste collection company has operated a waste transfer facility in Luddenmore, Grange since opening in the early 1990s.
But Mr Russell - a former city councillor, and the son of former mayor Ted - says the firm has entered an agreement to use the site of Greenstar Recycling, which is currently in receivership.
“It is a more obvious decision to dispose of our rubbish in the city confines. It is more economical to bring it there than to bring it to Luddenmore,” he told the Limerick Leader.
While Mr Binman is currently leading the site, Mr Russell wants the firm to have a permanent presence on the thoroughfare.
He said Mr Binman is interested in buying Greenstar Recycling.
“The future down the road regarding what to do with garbage is where it is all at,” Mr Russell said.
Mr Binman hit financial troubles in late 2011, when it was placed in receivership, after Bank of Scotland (Ireland) withdrew financial support.
The former owners, the Sheahan family were forced to relinquish control of the firm, and it was last year taken out of receivership by a Dillon Waste and Recycling, a consortium headed up by Tralee-based businessman Brian Dillon.
While there has been a reduction in staff at the company, Mr Russell intends to grow the company again.
He said: “Anybody who knows about the businesses I have acquired over the years will know that I have always expanded them. Certainly, I see a great opportunity with this business, firstly to reorganise it, then look further afield.”
Mr Binman has sub-offices in John’s Square in the heart of the city, and Newcastle West’s town square.
It currently employs around 150 people, who are mainly mobile, a figure down from the 330 working there when the company plunged into receivership.
Mr Russell said some restructuring has been necessary, but ultimately he wants to grow the business again, with a goal to increase the money made from recycling.
“We intend to protect the brand, and increase it,” Mr Russell said.
His overall aim is to make Mr Binman - which has more than 52,000 customers regionally- the number one recycler in this part of the country.
See this weekend’s Limerick Leader (dated Feb 9, 2013) for a full interview with George Russell.