A Leader with No Time to Waste Recycling Boss Michael Tracey's Deal- Making has Set Up His Business for Growth, Writes Simon Bain Recycling Boss Michael Tracey's Deal-Making has Set Up His Business for Growth, Writes Simon Bain Saturday Interview

The HeraldJuly 27, 2009

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Summary


WHEN Michael Tracey's grandmother opened Crawford's Rag Store in Paisley in the 1930s, she could not have imagined it would spawn Scotland's biggest player in the most dynamic industry of the next millennium.

Her son founded William Tracey Group in 1948 as a tyre collector, but under his son Michael the Linwood-based company has a key seat at the table in the nation's ambitious plan to recycle 70per cent of our waste by 2025, converting 25per cent to energy, and allowing only 5per cent to landfill.

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A Leader with No Time to Waste Recycling Boss Michael Tracey's Deal- Making has Set Up His Business for Growth, Writes Simon Bain Recycling Boss Michael Tracey's Deal-Making has Set Up His Business for Growth, Writes Simon Bain Saturday Interview

Far from scrap and rags, the GBP50m business has recently rebranded itself not as a waste manager but as a "resource" company, backed by GBP6bn Irish group DCC which has a 50per cent stake. It offers one of the widest ranges of environmental services in the UK, recycling everything from electronics supplies to aggreg...

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