Irish electronics recycling firm allocates funds to grow

Ireland-based electronics recycling company AMI has announced plans to add 20 jobs over the next two years at its facilities in Dublin and Belfast. Further, AMI says that both locations will be expanded as part of the company’s €4 million ($5.1 million) investment in its existing operations.

The company says acquisitions in the United Kingdom and investments in AMI’s DiskShred subsidiary will allow it to extend its service offering in international markets. DiskShred currently provides secure on-site hard drive and media shredding services in 13 European countries.

The investment also will facilitate the growth of AMI’s recently launched deployment and relocation service, which provides methods to securely manage information technology (IT) refreshes and office moves. The service is forecast to generate more than €1.15 million ($1.5 million) in revenue during the next two years.

“AMI is a great example of an Irish business success story, establishing itself during the recession and going from strength to strength since then – creating employment opportunities in both Dublin and Belfast,” says Rob Clarke, AMI chairman.

“It’s refreshing to see a company not rest on its laurels, but instead pursue ambitious growth targets with a clear expansion plan in mind,” adds Clarke. “In my role as chairman, I hope to use my experience to help AMI achieve these goals and to consolidate its position as the leading IT recycling company on the island of Ireland.”

Philip McMichael, AMI’s managing director, comments, “AMI has had another stellar year in 2018, and we’re seeking to capitalize on our current growth with this strategic investment. The requirement of organizations to show compliance with GDPR (EU General Data Protection Regulation) legislation by securely disposing old IT equipment is fueling demand for our services. The additional hires, expanded premises and the development of our technology and service capabilities will all support us in meeting this increasing demand.