LVF sets sights on growth with investment

LEEDS Vacuum Formers (LVF), the West Yorkshire-based thermoformed packaging specialist, has invested £530,000 in two new pieces of machinery that it says will increase its capacity by 25% and lead to the creation of five new jobs.

The company, which has enjoyed at least 10% growth per year for the past six years, this month placed orders for a £400,000 Kiefel Thermoforming machine and a Siropack padding line costing £130,000.

Nigel Coates, managing director of LVF, said: “The growth we’ve enjoyed over the last few years has been the result of hard work and significant investment back into the business.

“Looking forward, we felt the time was right to spend again – not only to help us maintain the kind of business growth we’ve become accustomed to, but to provide the capacity and capabilities needed to grow even more quickly.”