Accrol Group Holdings plc “Extending growth with new property”

Accrol Group Holdings plc LON:ACRL, the AIM listed leading independent tissue converter, has told DirectorsTalk that it has reached an agreement with Lancashire County Developments (Property) Ltd to lease a new 168,000 sq. ft. facility in Leyland, Lancashire. The new facility will support the Company’s continued growth with both the Discounters and the Major Multiples in the UK.

The new property will initially house two high speed tissue converting lines purchased by Accrol in April 2016 and also provide finished goods warehousing space, with potential to add two further converting lines if required.

Installation and commissioning of the first two lines will take place during late 2016, with manufacturing planned to start in January 2017. The project is expected to create around 80 new jobs.

Commenting on the new facilities, Steve Crossley, Accrol’s CEO said: “This additional capacity underlines our strategy of investment ahead of growth in state-of-the-art machinery and facilities. It will position Accrol to benefit from underlying organic growth in the Discount sector and enable further growth with the Major Multiples. At the same time, we will focus on improving efficiency at the existing Blackburn sites to further increase our total capacity.”

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
X
LinkedIn
accrol group holdings

More articles like this

Accrol Group

What are the latest technology trends in manufacturing?

We asked the FactoryTech 50 and judging panel to describe a particular trend they have noticed in manufacturing technology in the last year. Judge Kevin Smith (below) is lead technology advisor at Made Smarter UK, which has engaged

Accrol Group

UK Manufacturing industry shows growth and recovery in March

The UK’s manufacturing industry has returned to growth and is showing “tentative signs of recovery”, according to a closely-watched survey. Both output and new orders increased in March, while business optimism also hit an 11-month high,

Accrol Group

British manufacturing sees surge in sales and job creation

British manufacturing is witnessing a Brexit boost as sales rocket in the EU, Middle East and Far East, and the lifeblood of the UK economy flows once more. Major players in automotive, aerospace, construction, electrification, and

Accrol Group

Accrol Group Holdings Results Presentation 2024 (VIDEO)

Accrol Group Holdings (LON:ACRL) CEO Gareth Jenkins and CFO Chris Welsh present its latest results and company overview. Accrol Group Holdings is the UK’s leading independent tissue converter, producing toilet tissue, kitchen towels, facial tissue and biodegradable

Accrol Group

Greenarc partnered with Accrol to install onsite EV chargers

Accrol Group Holdings plc (LON:ACRL) is the UK’s leading independent tissue converter, producing toilet tissue, kitchen towel, facial tissue and biodegradable wet wipes. The UK soft tissue market is worth £1.6bn with private label products comprising