A manufacturer that specialises in packaging for the food industry is expanding into Hull.PBS Packaging Ltd's products can be found on the shelves of major retailers and supermarket shelves across Europe.The company, which was founded in 2005, produces more than seven million plastic bags a week.
The "wicketted" bags, are designed for the automated packing of food, such as fresh produce and sliced bread.The company, which was founded in 2005, produces more than seven million plastic bags a week. The "wicketted" bags, are designed for the automated packing of food, such as fresh produce and sliced bread.
PBS Packaging has now bought a unit in Foster Street to help establish an East Yorkshire base close to key customers.
The 10,000sq ft unit forms part of the 52-acre Stoneferry Estate development, created more than 20 years ago on the site of a former Reckitt and Colman factory.
Tom Healey, director of property developer Stoneferry Estates, said: "The Stoneferry Estate has proved a successful base for many successful businesses, including the likes of Bollhoff Armstrong, MKM and Victoria Plumb, which currently occupies the site.
"It is evidence of the quality of the development that today, 22 years on, it remains an ideal location for a modern, advanced manufacturing company, which is expanding its customer base and has ambitious plans for growth."
PBS has its headquarters in Barnsley. Its main manufacturing facility is in Zlotow, Poland.
With a projected target turnover of £5m for the coming year, the company has markets in several European countries, including France, Italy, Holland, Malta and Poland.
Mr Healey said Stoneferry Estates was looking forward to seeing one of its oldest premises given a new lease of life under new owners.
"As a company, we have always taken great pride in the quality of businesses we have as tenants, and in the type of companies we help attract to Hull," he said.
For two decades, Stoneferry Estates has been regenerating key sites in Hull and developing them into business parks.
Recent successes include the former Humbrol site in Hedon Road, which has been transformed into the Marfleet Environmental Technology Park, housing businesses including Neill & Brown and Nippon Gohsei.
Mr Healey said: "We always look to have a mix of businesses on our sites.
"We want to ensure we attract major businesses to Hull, while also doing our best to support start-ups, entrepreneurial businesses and developing companies."