Having completed a process of optimizing design, technology and business management systems, the investment aims to support the company’s development and expansion plans in both the UK and overseas.
In this phase, Taylor will be led by new CEO David Williams while Peter Selkirk, formerly CEO, is now Chairman.
The company designs and manufactures 4 wheeled, galvanized steel waste and recycling containers and aesthetic street furniture for waste & recycling, supplying 90% of all UK Local Authorities and the main private sector contractors, operating globally.
Taylor, which is based in a 18 Acre Oak Park site near Droitwich, 20 miles Southwest of Birmingham, employs 154 people. It is UKAS accredited to ISO 9001 (2008) and ISO 14001.