Derby manufacturer to create jobs with new £8m factory
Jobs are set to be created at a packaging company after it moves into a new 46,000 sq ft building in Derby.
Terinex Flexibles, which has recently rebranded from QC Flexible Packaging, has started building its new £8m facility at a 3-acre new site on the Dove Valley Park, near Derby.
The new factory will initially be 46,000 sq ft and will “significantly” increase capacity. The company is expecting to increase its staff numbers in the first year, with hires across production and engineering. The R&D department will also move from parent company OGM in Oxford.
Paul Wightman, group managing director of the OGM Group, said: “This investment will more than double the size of the Terinex Flexibles factory enabling for new equipment, offices and warehouse space. We have already invested in a new Comexi F2 MB flexographic printing press, which will be delivered and commissioned later this year, and we are planning to add another press. In addition to offering greater production volumes, our food, petfood and medical packaging customers will benefit from increased R&D capabilities to support their packaging innovations.”
Marc Freeman, director at Clowes Developments, said: “Clowes Developments is delighted to welcome Terinex Flexibles to Dove Valley Park. DVP continues to attract investment from significant household names including JCB, TopHat and GXO. We look forward to working with Terinex in constructing its custom designed environmentally conscientious building.”
Wightman added: “The new factory will optimise all of our processes. This is a once in a lifetime opportunity for us to build a factory with the best environmental footprint that will allow industry leading productivity and quality We hope to be ready to move in by the end of the year.”
