Packaging Firm Eyes Growth With £8M Factory

A major packaging company has started building its new £8m factory near Derby, which is expected to support the creation of a number of jobs.

Terinex Flexibles, which has recently rebranded from QC Flexible Packaging, has brought forward a 46,000 sq ft facility on Dove Valley Park.

The investment from parent company, the OGM Holdings Group, will increase capacity. The business is expecting to increase its staff numbers in the first year, with hires across production and engineering. The R&D department will also move from its current location at OGM in Oxford.

Paul Wightman, group managing director of the OGM Group, said: “This investment will more than double the size of the Terinex Flexibles factory, enabling for new equipment, offices and warehouse space.

“We have already invested in a new Comexi F2 MB flexographic printing press, which will be delivered and commissioned later this year, and we are planning to add another press. In addition to offering greater production volumes, our food, petfood and medical packaging customers will benefit from increased R&D capabilities to support their packaging innovations.”