Trade Resources Market View Plan to Expand Revenue Is Backed by an Investment of £8 Million

Plan to Expand Revenue Is Backed by an Investment of £8 Million

The plan to expand revenue 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 complement a £3m investment in a seven colour printer in late 2013.

The success of the printer, producing process print onto corrugated, 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 positions TRM at the leading edge of the market.

Trevor Maund, chief executive, TRM Packaging (pic) commented: "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://www.packagingnews.co.uk/news/trm-packaging-plans-multi-million-expansion/
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TRM Packaging Plans Multi-Million Expansion