Corrugated packaging solution providers inspirepac will open a new 100,000 ft2 factory at Markham Vale, North Derbyshire as a part of its growth strategy.
A part of the Logson Group, inspirepac will invest about £6m in a high quality post print (HQPP) to meet the growing demand for retail-ready packaging (RRP) and promotional packaging.
The company expects to start production at the new facility by mid 2015.
Speaking about the company's investment plans, inspirepac CEO Chris Marples said: "I am delighted and extremely proud to make this announcement which heralds a new era for inspirepac. This new site will operate alongside inspirepac's existing businesses, supporting our plans for continued growth."
inspirepac Managing Director, Mark Hawkins said: "This is an exciting time for the inspirepac Group, we are investing in the latest print technology allowing us to further develop our innovative product offering.
"Markham Vale takes our flexo and digital capabilities to another level and continues to challenge the offset litho market. These enhanced capabilities will ensure we stay ahead of the competition and gives peace of mind to our clients with regards to quality, colour consistency and brand integrity no matter the print process."
Apart from these investments, inspirepac's sister company Board24 will also invest about £9m to add a corrugator at its Preston site.
"Markham Vale will be a state of the art production site, with leading edge print capability but will have a 6,000 pallet distribution hub delivering improved supply chain efficiencies within the entire business.
"This optimises our workflow, process efficiency and logistics delivering exceptional market leading service to support our Customer's growth plans. My personal vision is to double the Group turnover in the next five years, committing to Markham Vale gives us a platform to achieve this," added Marples.
Image: An artist's impression of the new building. Photo: courtesy of insiprepac.
