Logson Group announces £15m UK investment and creation of 40 new jobs
19 Feb 2014
The UK’s largest independent supplier of corrugated packaging, Logson Group, has announced major investment plans to meet the continued growth in demand from its key customers.
The first will see inspirepac transform its Chesterfield operation with a £6million investment in state of the art high quality post print (HQPP) and further digital capability, complementing its leading position in the high growth market sectors of retail ready and promotional packaging. The investment will have a planned start up early in Q1 of 2015.
The second, will see Board 24 further enhance its sheet feeder site at Preston, already the UK’s most efficient, through a £9m investment in an additional corrugator. This will ensure it continues to meet demand from the continued growth of key customers, and in particular to facilitate the growing trend towards increased graphic impact in retail ready and promotional packaging.
The investment is expected to create up to 40 jobs at Preston with recruitment and training of new employees to begin in Q4 of this year, and start up expected in Q1 2015.
Alex Kelly, Logson Group CEO, commented; “This heralds an exciting new chapter in Logson Group’s development. This £15million investment represents not only a vote of confidence in our management teams, but also in our strategic customers. We have shared in their success over the past few years and this investment reflects our continued commitment to support their future growth plans, and reinforces our leading position in key growth markets.”
The Logson Group has expanded through both acquisition and significant organic growth to become the largest independent packaging group in the UK. Collectively the Group employs over 850 people across its 18 dedicated sites in the UK.