Jet Plant’s £3m investment further strengthens sustainability reputation

Jet Plant, a leading highways and construction company, announces a new £3m investment in state-of-the-art machinery, including trucks and planing machines, to build on its already excellent sustainability reputation did.

Reducing emissions is at the heart of the UK company’s future plans and its aim is to continue to set the standards for sustainability in the road planning industry thanks to investment and innovation.

The strategic move to invest in new equipment that is more environmentally friendly and sustainable demonstrates the company’s commitment to reducing emissions and continuing to adapt to a dynamic market.

The company is keen to lead the way in promoting sustainability and impacting the broader aviation industry. Jet Plant has a diverse customer base, with 75% of its business coming from small, independently owned surfacing contractors.

Sean Withford, Jet Factory Managing Director, highlighted the importance of this investment in driving sustainable change, saying: Further investment was needed not only to meet customer demands, but also to continue operating in a more sustainable manner and reduce emissions. ”

The company also aims to strengthen key relationships in the Highways Budget’s ‘Pavement Delivery Framework Expenditure’ category to gain access to more significant road planning projects. This enables further growth and provides more sustainable investment opportunities.

The company’s commitment to environmental responsibility ensures compliance and traceability when handling approximately 1 million tons of materials each year. This investment will enable Jet Plant to strengthen its capabilities in this area and ensure the responsible disposal and recycling of planing.

Jet Plant’s commitment to excellence is reflected in its impressive customer satisfaction scores. In a recent Net Promoter Score study of the top 100 customers, Jet Plant earned his Net Promoter Score of 81%, ranking him in the “World Class” category. This loyalty strongly supports the company’s growth trajectory.

With this significant investment, Jet Plant is poised to make 2024/2025 a year of innovation and consolidate its position as a sustainable leader in the highways and construction sector.

Financial planning considerations

• Before making a major capital investment, perform a total cost of ownership analysis to understand the overall financial picture over the life of the asset.
• Assess your organization’s balance sheet capabilities and financing options to enable strategic investments for long-term growth.
• When creating financial forecasts, use multiple time frames to model the initial costs and downstream returns on your investment.

sustainability strategy

• Look for opportunities where sustainability efforts can provide a competitive advantage based on changing customer demands.
• Leverage your investments to drive operational efficiencies beyond your direct impact. Technology upgrades can have downstream impacts on processes and productivity.
• As stakeholder preferences change, companies that are perceived as leaders can influence entire sectors. The CFO plays a key role in developing and communicating the strategic vision.

It’s important for CFOs to take a broad view when evaluating major investments, taking into account competitive dynamics, operational enhancements, customer demands, and signaling strategies. This ensures that decisions are made across multiple horizons and aligned with organizational goals. If you need other perspectives to apply these insights across sectors, please let us know.