Paranova Print and Packaging has outlined plans to spend £20m ($26.6m) over the next five years on expanding its fibre-based packaging business.
A £6m board plant in Godmanchester, Cambridgeshire, is part of the programme and is scheduled to begin operating in November
The site will be the company’s fourth fibre-based operation in the UK and its largest in this segment. The facility would add capacity for paper-based packaging used in fresh produce, convenience and food-to-go markets. According to Paranova, the new operation is intended to help customers manage shorter lead times, changing forecasts and the move towards paperisation.
The 98,000ft² site is to contain production space, warehousing, offices and R&D functions. Approximately one-third of the operational area is being allocated to warehousing to handle seasonal demand and allow room for later expansion. The facility was developed with machine partner Koenig & Bauer and has been planned around speed, workflow efficiency and automation on the shopfloor, with a new print and finishing equipment set-up.