Trade Resources Company News TRM Packaging Plans to Grow The Turnover of The Business in The Next Three Years

TRM Packaging Plans to Grow The Turnover of The Business in The Next Three Years

TRM Packaging has announced plans to grow the turnover of the business to £50m in the next three years.

The ambitious plan to expand revenue by a third is backed by an investment of £8 million to increase the capacity of the company's on-site corrugator and the capability of the plant to compliment a £3m investment in a seven colour printer in late 2013

The printer is now producing market leading process print on to corrugated and has given the Board the confidence to invest further to satisfy customer expectations.

This also means that the total capital commitment to the Lancashire site is now £30 million and firmly positions TRM at the leading edge of the market.

Trevor Maund the Chief Executive of TRM Packaging comments that: "this upgrade to the operation is a culmination of our plans to make TRM's operation the most capable integrated box plant within the UK.

"The success of the business has come from its focus on meeting customer requirements and developing the skills of the workforce to deliver the best quality boxes that satisfy the needs of the whole supply chain.

"We pride ourselves in giving customers solutions that best fit their business and this is a further demonstration of our commitment to that promise."

 

Source: http://automationandtechnology.packaging-business-review.com/news/trm-announces-plans-for-growth-020514-4257305
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TRM Announces Plans for Growth