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Tag "expansion"

Cepac to double size of packaging operation in Doncaster

    Cepac to double size of packaging operation in Doncaster

Packaging supplier Cepac are investing £1 million on expanding its site and digital operation in Doncaster, England.
The project is due to begin in early 2017, following the installation of a new digital printing press in April of this year. This will allow the production of innovative packaging with outstanding graphics with very short customer lead […]

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Northern Irish packaging firm to capitalise on growth with £2 million investment

    Northern Irish packaging firm to capitalise on growth with £2 million investment

Food packaging manufacturer Boran-Mopack has created 10 new jobs with their £2.4 million investment as part of an export growth drive in Strabane, Co. Tyrone.
Boosted by Invest NI funding of £250,000, the company aims to double exports over the next couple of years after significant investment in machinery and equipment.
Boran-Mopack is part of the Boran […]

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St Austell Brewery Secures £40 Million Refinancing Deal

    St Austell Brewery Secures £40 Million Refinancing Deal

British regional brewer and pub operator St Austell Brewery has secured a new £40 million refinancing package with Royal Bank of Scotland and Barclays Bank. The Cornish brewer will use the new banking facility to explore further growth opportunities.
Focused primarily on the south west of England, the firm is keen to expand its pub estate. […]

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Pepsico to Invests £14.4 Million in Quaker Oats Site in Scotland

    Pepsico to Invests £14.4 Million in Quaker Oats Site in Scotland

PepsiCo is investing £14.4 million to increase the capacity of its Quaker Oats site at Cupar in Scotland in a move that will bring 30 jobs to the local area. The investment, which builds on last year’s £8.5 million spend, makes a total of £51 million that parent company PepsiCo has spent on the site […]

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The Scottish Salmon Company Reveals £40 Million Expansion Plans

    The Scottish Salmon Company Reveals £40 Million Expansion Plans

The Scottish Salmon Company has unveiled plans to invest over £40 million to expand its business over the next five years, resulting in the creation of over 100 jobs across the West Coast and islands of Scotland. The Scottish based and operated salmon farming company’s five-year development plan envisages establishing ten new farm sites, increasing […]

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Pukka Pies Continues UK Expansion With £7 Million Investment

    Pukka Pies Continues UK Expansion With £7 Million Investment

UK independent bakery company Pukka Pies has officially opened a new£7 million extension to its factory in Leicestershire, facilitating a 50% increase in production. Established in 1963, Pukka Pies currently produces over 60 million pies annually and employs more than 300 people. It supplies about 12,000 fish and chip shops across the UK as well […]

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IDB Secures Additional €100 Million For Dairy Expansion Under Refinancing Package

    IDB Secures Additional €100 Million For Dairy Expansion Under Refinancing Package

The Irish Dairy Board (IDB) has completed the refinancing of its existing €250 million syndicated banking facility replacing it with a new three year syndicated bank loan facility of €350 million at competitive pricing, to meet domestic expansion and international growth requirements. The participant Banks are Allied Irish Banks, Bank of America Merrill Lynch, Barclays, […]

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Morrisons Expansion to Create More than 7,000 New Jobs in 2012

    Morrisons Expansion to Create More than 7,000 New Jobs in 2012

UK supermarket group Morrisons will create more than 7,000 new jobs in 2012 as it continues its store expansion programme as well as developing its manufacturing and logistics arms. The company will be opening 25 new stores in 2012 as it seeks to ensure that more households have a Morrisons within easy reach. Currently there […]

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English Cereals and Meat-free Foods Company to Expand

The Brecks Company, a cereals and meet-free foods business, is to invest £3m at its factory in North Yorkshire, England, in next generation production technology, which will also lead to a doubling of staff numbers. Work starts this summer on building two new 30,000 sq ft manufacturing facilities to enhance production at Selby-based Brecks, after […]

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Milk Link Starts £4 Million Cheese Expansion

    Milk Link Starts £4 Million Cheese Expansion

UK dairy co-operative Milk Link has commenced work on the first phase of a new production facility at its Cornish Country Larder Trevarrian Creamery in North Cornwall. The £4m investment will substantially increase production of the Trevarrian Creamery’s award-winning soft cheeses to meet a growing demand from major retailers and food service providers nationwide.
Cornish Country […]

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Financial Restructuring at Findus Group

    Financial Restructuring at Findus Group

Findus Group, one of the leading frozen food businesses in Europe with sales over Eur1.3b, is reported to be renegotiating its covenants with its lenders in order to gain greater financial flexibility for funding expansion. Indeed, some industry sources suggest that Findus is attempting to assemble a Eur1 billion war-chest for funding future acquisitions.
The food […]

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Agrana to Invest €27.6m to Expand Russian Fruit Preparation Plant

    Agrana to Invest €27.6m to Expand Russian Fruit Preparation Plant

Austrian group Agrana is to invest Eur27.6m to expand its Russian fruit preparation plant at Serpuchov over the next five years. Agrana is one of the leading producers of fruit juice concentrates in Europe, and the top global manufacturer of fruit preparations for the dairy industry.
The expansion programme will boost the factory’s production capacity by […]

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Tangerine Looks For Investment to Fund Further Expansion

    Tangerine Looks For Investment to Fund Further Expansion

Blackpool-based Tangerine Confectionery, the largest British manufacturer of sugar confectionery and branded popcorn in the UK, is reported to be seeking a new private equity investor to help fund further expansion. Since its formation in 2005, following the buy-out of Danish company Toms, Tangerine Confectionery has quadrupled in size through both organic growth and acquisition. […]

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Major Expansion Planned by Russian Confectionery Manufacturer

    Major Expansion Planned by Russian Confectionery Manufacturer

As part of its expansion strategy to increase turnover to $100m by 2012, CJSC Landrin, one of the largest chocolate confectionery manufacturers in Russia, is to invest in the region of Eur20m in upgrading and expanding its production capacity.
The company will modernise its production facility in Saint Petersburg and install a new chocolate egg line […]

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Record First Half for Jameson Irish Whiskey

    Record First Half for Jameson Irish Whiskey

Irish Distillers Pernod Ricard has reported that sales growth of its Jameson brand accelerated appreciably in the first six months of its current financial, with volumes growing by 16% to 3.17m cases, to produce one of its best performances ever. As it has done over the past decade, the sales value of Jameson grew faster […]

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Diamond Foods to Expand UK Kettle Foods Plant

    Diamond Foods to Expand UK Kettle Foods Plant

US-based snacks group Diamond Foods is investing $10m to expand of its UK production facility in Norwich to meet increasing demand for Kettle Chips. The Kettle brand has experienced significant growth driven by the introduction of its new Kettle Ridge Crisp line, the expansion of its Kettle Chip sharing, single serve and multi-pack lines and […]

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Hershey to Accelerate Growth in Europe

    Hershey to Accelerate Growth in Europe

North American chocolate confectionery manufacturer Hershey is stepping up its growth in Europe as part of its strategy to reduce its reliance on its domestic market by developing internationally, especially in emerging markets such as Asia and Latin America. The UK’s second largest retailer, Asda, will commence selling Hershey products next year and the American […]

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Bakery Expansion at Giles Foods

UK-based speciality breads, Danish pastries and tarts producer Giles Foods has expanded its bakery in Milton Keynes. Following investment of £3.5m, Giles Foods has doubled the size of the bakery and installed new plant and equipment, including a technologically advanced three-deck oven, the first of its kind in the UK.
In addition to expanding capacity, the […]

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Milkiland Moves Closer to Public Listing to Fund Expansion

    Milkiland Moves Closer to Public Listing to Fund Expansion

Dairy company Milkiland, which operates in the Ukraine and Russia but is registered in the Netherlands, has commenced its public offering of over 22% of its shares as it prepared to list on the Warsaw Stock Exchange. “We expect that our integrated business model, our strong position in the Commonwealth of Independent States, one of […]

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Arla Foods UK to Expand Cravendale Milk Capacity

    Arla Foods UK to Expand Cravendale Milk Capacity

Arla Foods UK, the British arm of Scandinavian dairy co-operative Arla Foods, is investing £6.7m in a new bottle blowmoulding machine to increase production of its Cravendale milk brand at its production facility at Stourton in Leeds. When operational in March 2011, the new blowmoulder, which will supplement two existing machines, will expand milk production […]

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Seabrook Crisps Plans New English Factory

    Seabrook Crisps Plans New English Factory

Seabrook Crisps, the north of England-based snacks manufacturer, is planning to build a new factory in the south of the country as part of its five year development plan to expand its geographical coverage and to increase sales to £200m by 2022. The family run company, which has increased turnover by 130% to £28m in […]

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EBRD Supports Atlantic Grupa’s Expansion

The European Bank for Reconstruction and Development (EBRD) is supporting regional corporate consolidation in south-eastern Europe and the development of strong local food and beverages brands with a Eur57.5m financing package for Atlantic Grupa, Croatia’s biggest food and healthcare company, to fund its expansion through the acquisition of Droga Kolinska, the largest branded food company […]

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Further Expansion at Johnstone’s Bakers

Independent Scottish company Johnstone’s Bakers has reported a 45% increase in turnover to £7.4m for the year ended November 30th 2009 and an improvement in pre-tax loss from £1.3m in 2008 to £40,000. Operating profit was £174,000.
Johnstone’s Bakers, which produces cake, cereal and biscuit bars and slices, including caramel shortcake, lemon cheesecake, orange chocolate tiffin, […]

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Youinou to Invest €3.5m to Expand French Scallop Plant

  Youinou to Invest €3.5m to Expand French Scallop Plant

French scallops producer Youinou is investing Eur3.5m to more than double production capacity and to upgrade its plant at Saint-Hernin in Brittany. The expansion programme will extend annual capacity from 14 million scallops to 35 million by 2011. Established in 1976, Youinou’s portfolio includes the Kercelt, Pecheur de Saveurs and Duocean brands.

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Moy Park Commences £10m Expansion

Having recently received planning permission, poultry processor Moy Park has commenced work on extending the capacity of its site at Ashbourne in Derbyshire, England, by 25%. The expansion and upgrading project involves investment of £10m.
Moy Park, which is Northern Ireland’s largest food manufacturer, recently consolidated its standing within the UK poultry market following its £30m […]

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AG Barr Sparkles as it Breaks £200 Million Sales Barrier

Having broken through the £200 million sales barrier and lifted profits by 20% while significantly outperforming the UK soft drinks market in its 2009 financial year, Glasgow-based AG Barr has now commenced a £10 million expansion programme at its Cumbernauld site in Scotland.
According to AG Barr, the UK soft drinks market, in contrast to the […]

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