Loan from Finance Wales helps Bridgend tractor and agricultural machinery specialist to continue expanding
A £160,000 loan from Finance Wales has helped the new owner of
JG Plant, the Bridgend-based New Holland tractor and agricultural
machinery specialist to expand the business.
Gareth Rees bought the family business in 2013 when its former
owner retired, safeguarding 15 jobs and has since strengthened the
company’s position in its existing markets and also expanded into
the market for agricultural equipment in Europe.
Turnover has increased since the buy-out and is expected to
reach £4 million by the end of the 2015 -16 financial year.
JG Plant has also recruited 7 new members of staff as part of its
expansion which has seen the company double the size of its
premises on Bridgend’s Brackla Industrial Estate.
JG Plant has continued to develop its own apprenticeship scheme
to train new agricultural or plant technicians to ensure that it
develops its staff to meet its future resourcing
requirements. Plans are in place to build on the scheme with
Bridgend and Raseheath colleges.
Established in 1966, JG Plant now sells and hires agricultural,
horticultural and construction vehicles and other machinery to over
2,000 customers. It also repairs and services equipment at its
fully equipped workshops, offers customers a full ‘design and
build’ service for machinery design.
“Since buying JG Plant, our sales levels are up and we’ve also
developed our position within the European agricultural equipment
market. We’ve also focused on improving our service standards
and achieved ISO 9001 Quality Systems Standard and IS0 14001
Environmental Systems Standard.
“Finance Wales’ loan has been crucial to our expansion and
provided us with the funding to expand our warehouse to keep up
with demand for our services. We’ve also implemented a
new IT system and rebranded the business,” Managing Director Gareth
With a background in sports turf and commercial landscaping,
Gareth also plans to increase JG Plant’s presence in these markets
as well as the horticultural and grounds maintenance
Congratulating Gareth on his success to date, Senior Portfolio
Executive Dave Perez said: “Gareth is an experienced businessman
with many years’ knowledge and experience and an innovative
approach. He spotted an opportunity to buy into a well-established
and successful local business that was ripe for further
“Gareth has achieved a lot with Finance Wales’ backing since taking
over JG Plant just over a year ago and he has a clear vision for
the future. He’s expanding the company’s activities in its
existing markets, targeted new markets and also ensured that it has
the capacity to provide the excellent service levels JG Plant is
The market for agricultural and other horticultural machinery is
worth over £4 billion a year and growing with the trend towards
automation and precision farming techniques.