Up to 100 new jobs are to be created at a new service centre being opened by recycling company DS Smith.
The company’s new service centre at Caerphilly Business Park will enable it to centralise its IT, HR and finance operations.
Caerphilly is already the head office for the group’s recycling operations employing 88 staff out of a total of 392 based at several sites throughout Wales.
The jobs boost has been made possible with funding of £436,000 from the Welsh Government. It will also secure 22 current jobs.
Business Minister Edwina Hart welcomed the news.
She said: “Support from the Welsh Government helped secure the new shared service centre for Wales and ensured the investment went ahead at Caerphilly.
“I am delighted that work is now underway on fitting out the new centre which will bring direct and indirect benefits to the local economy while creating a significant number of new jobs and career opportunities.”
Peter McGuinness, managing director at DS Smith Recycling said: “Our new shared service centre will mean we can work more efficiently, to ultimately deliver better value and service for our clients, while further embracing our commitment to a sustainable working environment.”
The investment will also provide an additional direct boost into the local economy through an increased wages bill and recruitment is already underway.
With a turnover of £2.5 billion and employing over 12,000 people, DS Smith Plc is an international supplier of recycled packaging for consumer goods. The group has strong positions in many of the markets in which it operates.
Good to see that we are making some money out of rubbish.