A packaging manufacturer who produces the packaging for blue-chip brands has agreed a deal for a 100,000 square foot warehouse and office building in Derbyshire.
The manufacturer, Inspirepac Group, said that the new site should enable it to grow its sales beyond £90m over the coming years while creating up to 100 further jobs in the same period.
The firm intends to open a new business in the Markham Vale area of Derbyshire in addition to its existing four sites across the UK after agreeing terms to secure the property.
By investing £6m in post print machinery and further digital capability it is hoped the new operation will drive growth at its £46m operation and complement its retail-ready and promotional packaging divisions.
The chief executive at Inspirepac, Chris Marples, said: “We are delighted to secure these new premises. This new site, combined with further planned investment in 2016, will enable the Inspirepac Group to grow beyond £90m in the next five years, with the opportunity of creating up to 100 further jobs over this period.”
Chairman of the Sheffield City Region’s Local Economic Partnership (LEP), James Newman, added: “Our LEP has focused on building the UK’s number one enterprise zone for modern manufacturing and technology.
“The strategy is clearly paying off with world leading technology companies like Inspirepac recognising that Sheffield city region is the best place for them to thrive in a highly competitive global marketplace.”