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rochling

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  2. lvf eyes growth with 530k machinery investment

lvf eyes growth with 530k machinery investment

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By admin on Thu, 12/18/2014 - 13:39

leeds vacuum formers lvf has invested &pound530,000 in two new pieces of machinery that it said will increase its capacity by 25the company also says that the new kit installation will also lead to the creation of five new jobs in the short term. lvf, which has enjoyed at least 10 growth per annum for the last six years, this month placed orders for a &pound400,000 kiefel thermoforming machine and a siropack padding line costing &pound130,000.nigel coates, managing director of&nbsplvf, said&nbsp&ldquothe growth we&rsquove 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 &ndash not only to help us maintain the kind of business growth we&rsquove become accustomed to, but to provide the capacity and capabilities needed to grow even more quickly.&rdquomanufactured in germany by kiefel, the&nbspkmd&nbsp78 speedformer is designed to enable the rapid and low cost production of rigid plastic packaging products. when delivered to&nbsplvf&nbspin early june 2015, it will be the company&rsquos third such machine.meanwhile, the siropack sr08 padding line will allow&nbsplvf&nbspto bring inhouse the insertion of fabric soaker pads into thermoformed rigid plastic trays. the work, which is currently outsourced, is anticipated to be worth at least &pound70,000 to the business in the first year alone.

httpwww.packagingnews.co.uknewslvfeyesgrowth530kmachineryinvestment
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