It approached the bank after outgrowing its former base and purchased a 21,373 sq ft unit on Gresley Business Park, Swadlincote.
Director Paul Horobin said: “The assistance offered by NatWest has been brilliant. With their help we have managed to secure premises we can grow into and create a state-of-the-art production and distribution facility. This also helps to secure the future for our staff, many of which live locally and have worked with us for over 15 years.
“We are now looking forward to further expansion from our Swadlincote headquarters.”
NatWest relationship manager Ben Lavin added: “Having supported the firm since 2009, we’re proud to have enabled this thriving local manufacturer to reach a pivotal moment in the history of the business.”
PH Flexible Packaging’s factories in Swadlincote convert bubble and foam into bags, sheets and packing shapes for industries as diverse as pharmaceutical, glass, computer, automotive and engineering.
The company was formed in 1986 and also runs PackagingGB.co.uk. Its factories in Swadlincote convert bubble and foam into bags, sheets and packing shapes for industries as diverse as pharmaceutical, glass, computer, automotive and engineering. The company can also convert coloured bubble wrap into bags.
In addition to bubble, foam and Jiffy and Feather Post postal bags, it has a facility supplying packing or packaging items from rolls of tape, labels, and polythene bags that can have names, logos or marketing messages printed on them.
