Translate the text from Welsh to English.



 
Mae Rhymney's Dragon Recycling Solutions yn ailgylchu mesuryddion cyfleustodau na fydd yn cael eu defnyddio bellach oherwydd y mesuryddion smart newydd sy'n cael eu cyflwyno, bydd yr ehangu yn caniatáu i'r cwmni fynd ymlaen â chontractau hirdymor gyda cwmnïau mawr, gan gyflogi 71 o bobl ychwanegol.


Mae'r Rheolwr\-gyfarwyddwr Mick Young yn egluro y byddai wedi bod yn anodd i'r cwmni wneud cais am gontractau mawr a'u hennill cyn derbyn y buddsoddiad.


Dywedodd:



> "Roedd angen llawer mwy o weithwyr arnom i gyflawni'r contractau, rhywbeth fyddai wedi bod yn anodd i gynllunio ar ei gyfer ac a fyddai wedi golygu pwysau ar ein llif arian.
> 
> 
> "Rydym yn lwcus i gael gweithlu mawr, o safon uchel, sydd ar gael yn lleol, gyda dewis da o gwmnïau ategol sy'n sicrhau diogelwch hirdymor y gweithlu a'r ardal leol. Bydd yr arian hwn, yr ydym yn ddiolchgar iawn ohono, yn golygu ein bod bellach mewn sefyllfa i gyflogi 71 o bobl yn ychwanegol, sy'n dod â'n gweithlu i 108\."


Mae'r ehangu yn dilyn cyllid o £400,000 gan Lywodraeth Cymru, £100,000 o Fanc Datblygu Cymru a £100,000 o UK Steel Enterprise, is\-gwmni Tata Steel.


Dywedodd Ken Skates, Ysgrifennydd yr Economi:



> "Mae ein Cynllun Gweithredu Economaidd am sicrhau cynaliadwyedd, arbenigedd rhanbarthol ac am ehangu cwmnïau, a dyma brosiect sydd yn llwyddo i wneud hyn oll.
> 
> 
> "Mae cefnogaeth enfawr ar gyfer busnesau uchelgeisiol yng Nghymru, ac mae'n arbennig o dda gweld Busnes Cymru, Banc Datblygu Cymru a'r sector preifat yn cydweithio i sicrhau ffordd i'r cwmni gwych hwn o Gymru wneud ceisiadau llwyddiannus ar gyfer contractau mawr cenedlaethol a llwyddo i'w cyflawni.
> 
> 
> "Dwi'n edrych ymlaen at lwyddiant parhaus y cwmni gyda diddordeb."


Dywedodd Stephen Elias, Uwch Swyddog Portffolio Banc Datblygu Cymru:



> “Mae buddsoddi mewn busnesau sy'n tyfu yn flaenoriaeth i'r banc datblygu, yn enwedig yng Nghymoedd y De lle mae moeseg gwaith cryf yn bodoli'n hanesyddol, ac mae hyn yn enghraifft wych o sut y gall newidiadau mewn diwydiant gyflwyno cyfleoedd masnachol newydd i fusnesau uchelgeisiol a dygn. Yn dilyn ein buddsoddiad cyntaf yn 2016, bydd yr arian diweddaraf hwn yn caniatáu i Dragon Recycling Solutions yrru'r busnes yn ei flaen, gan gynyddu eu gallu i ailgylchu a chynyddu eu gweithlu, ac mae hynny o fudd i'r gymuned a'r amgylchedd.”


Mae Dragon Recycling Solutions Ltd yn ailgylchu 98% o'r holl ddeunyddiau sy'n cael eu danfon i'r safle a 100% o'r mesuryddion cyfleustodau a ddaeth o ganlyniad i'r cynllun mesuryddion smart, gan adfer deunyddiau gwerthfawr megis Plastig, Dur, Efydd a byrddau cylchedd.  

 







Translation:


 
Rhymney’s Dragon Recycling Solutions recycles utility meters made defunct by the roll\-out of new smart meter. The expansion will allow the company to press ahead with long term contracts with major companies, employing a further 71 people.


Managing Director Mick Young explains that bidding for and winning sizable contracts would have proven difficult for the company before the investment.


He said:



> “We required a lot more labour to satisfy the contracts, something which would have been difficult to plan for and which would have put pressure on our cash flow.
> 
> 
> “We are lucky to have a large, high quality, locally available workforce augmented by a good selection of support companies ensuring the long term security for the workforce and the local area. This funding, for which we are very grateful, means we now in a position to employ a further 71 people, bringing our workforce to 108\."


The expansion follows £400,000 of funding from Welsh Government, £100,000 from the Development Bank of Wales and £100,000 from the Tata Steel subsidiary UK Steel Enterprise.


Economy Minister Ken Skates said:



> “Our Economic Action Plan has sustainability, regional specialism and company expansion at its heart, and this is a project which really does tick all those boxes. 
> 
> 
> “There is a huge amount of support out there for ambitious businesses in Wales, and it’s particularly pleasing to see Business Wales, the Development Bank of Wales and the private sector working together to provide this excellent Welsh company with the ammunition to successfully bid for and deliver major national contracts.
> 
> 
> “I look forward to the company’s continued success with interest."


Stephen Elias, Senior Portfolio Executive at the Development Bank of Wales, said:



> “Investing in growing businesses is a priority for the development bank, especially in the South Wales Valleys where historically, there’s a strong work ethic and this is a great example of how changes in an industry can present new commercial opportunities for ambitious and tenacious businesses. Following our first investment in 2016, this latest funding will allow Dragon Recycling Solutions to drive the business forward, increasing their recycling capacity and workforce which is a benefit both to the community and the environment.


Martin Palmer, Investment Executive with UK Steel Enterprise, said:



> “We are delighted to have been able to support Dragon with this funding package, enabling them to complete their expansion plans. One of UK Steel Enterprises’ primary aims is the creation of new jobs, and with the additional contracts Dragon has secured, we will see over 70 new jobs delivered. This will be a major boost to local communities."


Dragon Recycling Solutions Ltd recycle 98% of all materials delivered to site and 100% of the utility meters received under the smart meter rollout recovering valuable commodities such as plastic, steel, brass and circuit board.