John Cotton plans major investment in 2014
BEDDING manufacturer John Cotton is to make a multi-million pound investment in new equipment and buildings in 2014.
The Huddersfield-based manufacturer of pillows and duvets boosted profits and saw sales spring up this year and now, David Cruddos, managing director at John Cotton, said that although trading remains challenging, John Cotton Group will be investing a multi-million pound sum in new equipment and buildings to ensure it continues to meet customers’ needs.
He said: “In 2014, we will be purchasing new machinery in our two UK factories. At our Mirfield factory, where we produce Slumberdown products, that means we will be increasing capacity and improving quality with significant investments in new equipment.
“At Snuggledown, based in Wigan, we plan to develop our feather processing capability as well as enhancing existing facilities.”
Last month , the group, which was launched in 1916, said following the tender for a contract with a major retailer, sales in Poland have increased. Demand for the group’s products have increased by 4.4% during the period and gross margin has increased to 16.4% (2012 12.5%) because of improved factory efficiencies, according to the latest results filed on Companies House.
“In Europe, we will continue to develop our presence, investing to deliver against existing customer needs and expanding our customer base, with the intention of being the market leaders in Europe as well as the UK,” Cruddos added.
