A FAMILY-owned packaging manufacturer has invested more than £60,000 to enlarge its premises and purchase new production equipment.
Kirkham Box Company, which has traded in Lancashire for more than 40 years, has extended its manufacturing facility by 1,500sq ft to accommodate a large colour printer.
And hopes are high that the move will mean more jobs at the firm by the end of the year.
The new printer will enable the business to increase profitability as it is now capable of undertaking multi-colour print jobs that previously had to be outsourced.
Mark Urwin, managing director at Kirkham Box Company, said: “We had no room to help us increase our turnover – we were fighting for space all of the time.
“Hopefully in the next year we will now see some more staff.
“We were only able to print one colour on boxes but now we can do anything.”
Established in 1968, the Richards Street firm manufactures bespoke and standard corrugated cartons, boxes and cases of all kinds.
Its products are used by customers in a wide variety of sectors including food production and retail, and has grown steadily.
The business has more than quadrupled its turnover in recent years and is expected to break the £500,000 turnover barrier this year.
Mr Urwin, who in 1992 bought the business his father founded, added: “This investment makes sound financial sense.
“It enhances the range of services that we can offer customers and gives us the opportunity to reconfigure our production facilities to ensure we are operating in the most efficient way.
“We look after all sizes of customers.”
Royal Bank of Scotland in Preston, and its asset finance firm Lombard, provided funding for the project.
Mr Urwin said: “We have banked with RBS for more than 30 years. Their support has been invaluable to help the business develop and grow. People moan about banks all the time but I have never had a problem yet.”
Karen Plant, RBS relationship manager, said: “Kirkham Box Company is a well-managed business which has provided a quality service to its customers for more than four decades. This investment will help them maintain a competitive edge in the market.