A West Yorkshire supplier of solar and battery storage products has laid out plans to expand its distribution operation with the backing of Lloyds Bank.
Elland-based Waxman Energy provides solar PV modules, electric vehicle chargers and batteries, among other products, and says demand is increasing. With financial support from Lloyds, the firm, which is part of the wider Waxman Group, has acquired three further warehouses on its existing site, which will allow them to store and supply more products.
The 100-strong group is a third-generation family business founded in 1958 and led by chairman, Richard Waxman. From its origins as a synthetic fibre manufacturer it has expanded into other sectors and now operates three key divisions in fibres, ceramics and energy. It also provides training to installation specialists at its academy, focusing on the technical knowledge of its products and helping to upskill solar panel installers across the º£½ÇÊÓÆµ.
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Sam Waxman, managing director of Waxman Energy, said: "At Waxman Energy, we endeavour to constantly evolve into new areas of expertise and grow our product offering in order to provide our customers with the most high-quality and up to date range of products in what is a very fast-moving industry. We recognise the importance of solar energy and are pleased to be making a positive impact on the environment by not only providing our customers with state-of-the-art solar products, but by using them on our own warehouse facilities as well."
Aaron Shea, relationship manager for Lloyds Banking Group said: "We are proud to be supporting Waxman as it aims to expand its business, while also prioritising sustainability. It’s important to support companies like Waxman Energy, which provides an excellent example of a business that is improving its sustainability credentials and reducing its carbon footprint while also settings its sights on growth and expansion.
"We are excited to be by the side of Waxman Energy and look forward to supporting them as they continue this journey."