UK packaging manufacturer Glossop Cartons has increased its production footprint by half, paving the way for future investment in manufacturing equipment.
The Stockport-based business has acquired the 2,300sqm industrial building adjacent to its existing 4,143sqm Stockport production units. The firm’s second Brausse Forza 900 C3 folder gluer has already been acquired, with further investment in hardware to follow.
The acquisition will not only accommodate new machinery, but will also enable Glossop Cartons to streamline its production process and increase the size of its onsite storage facilities.
The expansion marks the latest stage in Glossop Cartons’ on-going strategy of investment in capital, staff and systems. Purchases of manufacturing equipment, such as that of the UK’s first Brausse Forza 900 C3 in 2018, were followed earlier this year by investment in the management team, with the appointment of a new operations director, Dave Bartlett.
Ultimately, the investments in property and plant will result in shorter lead times and further improved service for the firms’ customers, which span a diverse range of markets, including pharmaceutical and personal care, food and drink, vape and household.
Jacky Sidebottom-Every, joint managing director at Glossop Cartons, said, ‘[We] have ambitious growth plans for the future. The 50% expansion of our premises will generate the space necessary to help achieve these plans.’
Established in 1982, Glossop Cartons manufactures a comprehensive range of carton board packaging products, including: cartons, sleeves, wallets, blister and skin pack cards, counter top and shelf displays, header and hanging cards.
The expansion has been supported by a six-figure funding package from Lloyds Bank Commercial Banking.
Chris Perkins, relationship director at Lloyds Bank Commercial Banking, said, ‘Glossop Cartons has delivered impressive growth in recent years, both organically and via acquisition, and we’re proud to have been by its side throughout the process. This latest funding forms part of our plan to help Britain prosper, which has seen us commit £1.3 billion to support businesses in the North West this year.’
