A stone quarry in the Swansea Black Mountains has significantly expanded its operations thanks to a £1.45 million joint funding from HSBC UK and the Development Bank of Wales.
Gwrhyd Quarry – which has been operational for over a decade – produces Gwrhyd Pennant sandstone used in significant Welsh landmarks, including the Swansea Arena, Senedd building in Cardiff Bay, and many more developments across South Wales.
The funding has enabled the Walton family, who previously managed the operations of the quarry, to purchase Gwrhyd Quarry and take into full ownership. The business is also looking to invest in new machinery and infrastructure, as part of the quarry's broader sustainability initiatives, which aim to make it the most sustainable quarry in the UK.
Michael Walton, Director at Gwrhyd Quarry, said:
“This funding is a significant milestone for us. It not only secures the future of the quarry but also allows us to invest in sustainable practices such as investing in solar panels to power the site which will benefit the environment and our community. We are grateful for the support from HSBC UK.”
Ben Youde, Relationship Manager at HSBC UK, said:
“Having worked with the team for the last two years, we are thrilled to support Gwrhyd Quarry in their journey toward growth. We look forward to seeing its continued success.”
