Fast-growing food packaging firm hungry for growth with £3.6m investment
A Nottinghamshire packaging firm which works with many of the UK’s leading supermarkets has invested £3.6m in new equipment at its Colwick factory.
Wilkins Group made the major investment in machinery when the team visited Drupa, the world’s biggest printing equipment exhibition, in Dusseldorf, Germany.
The move is set to propel the £50m-turnover company towards its growth target of £70m within “the next few years”.
Deals were sined for new high-end equipment including the Heidelberg Mastermatrix 106 CSB Die Cutting machine as well as a huge £2.7m investment in a Komori GLX740 printing press.
Justin Wilkins, joint managing director of Wilkins Group, said: “This huge investment demonstrates our solid commitment to growth.
“As a family owned and run business, we have a responsibility to our staff and customers in the UK and overseas to ensure we can achieve and sustain growth within the industry.
“The purchases will further increase the capacity and efficiency of our manufacturing facility, securing future growth.”
Aron Wilkins, joint managing director with his brother Justin, said: “This next generation equipment bolsters our already state-of-the-art fleet of machines. These new additions alone will help to increase productivity by 17% and really enhance the finish of our products.”
In November 2022, the firm added a Komori Lithrone GLX40 press to its portfolio when it opened its multimillion-pound, 50,000 sq ft Phase 3 factory extension.