Stockport firm acquires neighbouring land to enable 50% expansion
A property expansion of more than 50% by Stockport-based Glossop Cartons will lead to new investment in manufacturing equipment.
The family-owned firm, a manufacturer of carton board packaging products, has acquired the 2,300 sq m industrial building next to its existing 4,143 sq m Stockport production units on Whitehill Industrial Estate, Reddish, supported by a six-figure funding package from Lloyds Bank Commercial Banking.
The acquisition will not only accommodate new machinery, but will enable Glossop Cartons to streamline its production process and increase the size of its on-site storage facilities.
Glossop Cartons’ latest round of investment in manufacturing equipment has already begun, with the acquisition of the firm’s second Brausse Forza 900 C3 folder gluer. The new machine is the pdated version of the original model.
Ultimately, the investments in property and plant will result in shorter lead times and further improved service for the firm’s customers, which span a diverse range of markets, including pharmaceutical and personal care, food and drink, vape and household.
The expansion marks the latest stage in Glossop Cartons’ ongoing strategy of investment in capital, staff and systems.
Purchases of manufacturing equipment were followed earlier this year by investment in the management team, with the appointment of a new operations director.
Joint managing director, Jacky Sidebottom-Every, said: “Glossop Cartons has ambitious growth plans for the future. The 50% expansion of our premises will generate the space necessary to help achieve these plans.”
Chris Perkins, relationship director at Lloyds Bank Commercial Banking, added: “Glossop Cartons has delivered impressive growth in recent years, both organically and via acquisition, and we’re proud to have been by its side throughout the process.”
Established in 1982, Glossop Cartons manufactures a comprehensive range of carton board packaging products, including cartons, sleeves, wallets, blister and skin pack cards, counter top and shelf displays, header and hanging cards.
