Projects View

A packaging firm from the north-east has announced boosting annual sales to 5 million.

Specifications:

Name:

A packaging firm from the north-east has announced boosting annual sales to 5 million.

Location:

USA

Company:

Estimated Cost:

Source:

A packaging firm from the north-east has announced that since securing the accreditation of the British Retail Consortium (BRC), it has been able to grow by 40 per cent year on year - boosting annual sales to £5 million within two years of operation. Re Pet manufactures food-grade polyethylene terephthalate (PET) film, demand for which among retailers like supermarkets is reportedly soaring. According to John Forrest, the firm's managing director, PET film is substantially easier to recycle than types of plastics currently used in the manufacture of food cartons. "There is a need for supermarkets to hit new sustainability targets and they are beginning to put pressure on the packaging companies that supply them. This is a major opportunity for us," he said. Re Pet received BRC accreditation after enlisting the services of the Manufacturing Advisory Service (MAS), which helped the manufacturer adapt its systems to meet the body's standards and "opened new doors" for it to expand. To date, this expansion has included a £2.7 million investment in new extrusion equipment and a dedicated training programme for staff at the firm's factory in Houghton-le-Spring. Mr Forrest commented: "Currently the UK imports two-thirds of the PET material used and we intend to change that by offering great products competitively." He added that Re Pet is continually launching new packaging solutions, including non-metalised, coloured film, and conducting trials for the production of non-metalised gold products. The BRC's recognition, he added, was "essential for our business". Alan Hewett, an advisor for the MAS, hailed Re Pet for having used the body's accreditation as a catalyst "for even greater success going forward" rather than letting it hurt future productivity and investment. The manufacturer currently focuses on the UK market and exports a small quantity of PET film to Iceland, but it intends to expand sales to other territories including Africa, Australia, South America and the EU - investing £2.4 million in state-of-the-art machinery. Treston supplies a range of industrial furniture products to the UK packaging sector, including packing stations and trolleys. http://news.trestonltd.co.uk/logistics-and-packaging/uk-packaging-firm-posts-40-growth-in-major-expansion/801619421 Project Name A packaging firm from the north-east has announced boosting annual sales to 5 million. Location UK Commence 2013 Completion -NA- Estimated Investment 2.7 million POUNDS Capacity -NA- Key Players British Retail Consortium (BRC)