Decision Maker: Group Chief Executive
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Advanced manufacturing originating in Oldham
with environmental benefits and export potential. The company
recycles industrial waste that would otherwise end up in land-fill
sites. The adoption of advanced manufacturing techniques will help
the business to increase product output and the amount of PVC it
recycles.
The Combined Authority gave approval on 28 March 2025 to give
delegated authority to the Combined Authority Chief Executive and
the Combined Authority Treasurer, in consultation with the
Portfolio Lead Leader for Investment and Resources, to approve
funding requests for projects in the absence of a Combined
Authority meeting at the end of April 2025 and approve any urgent
variations on amounts and terms for already approved loans.
Approve a £500,000 loan to Heyside
Plastics Limited, in order toto support the business in its
transition to implementing more advanced manufacturing
processes.
Publication date: 08/05/2025
Date of decision: 07/05/2025
Effective from: 16/05/2025
Current call-in Count: 0
Accompanying Documents: