High street baker Greggs has posted a £3.6M boost in its operating profit for the year ending 30 December 2017, as it continues to invest in consolidating its manufacturing operations and expanding its logistics capacity.
Ingredients firm Arla aims to invest £460M globally in 2018, including £72M in the UK, amid plans to create a UK manufacturing hub for its Lactofree brand, upgrade production and champion eco-friendly packaging initiatives.
High street bakery Greggs has delivered its 17th quarter of consecutive like-for-like (LFL) sales growth in its fourth-quarter trading update, as it plans “record investment” in its supply chain in 2018.
Microwavable rice and grain products manufacturer FEI Foods is to create 70 jobs at a new factory in south Wales, after securing £19M in funding from Lloyds Bank.
Newton Abbott-based seafood and vegetarian manufacturer Paramount is planning further investment next year to meet growing global demand for its foodservice products.
Sainsbury has reported that a focus on food quality, price and innovation helped its supermarket business grow food transactions ahead of the market in its latest interim results for the 28 weeks to September 23 2017.
Chesterfield-based food specialist Original Recipes, which makes a range of pâtés and terrines, is aiming to treble its production capacity after securing a £25,000 investment from the Northern Powerhouse Investment Fund (NPIF) to fund its expansion.
Icelandic fish producer Ny-Fiskur plans to install a second FleXicut system from Marel later this year for its processing facility in Sandgerdi, Iceland.
Burts Chips has boosted capacity by 20% at its Plymouth factory and created new jobs, after investing £3M in a new high-speed potato frying line to meet export demand for its products.
Dairy processor First Milk is to cut 30 jobs across two sites in the Lake District and Wales, as part of plans to increase efficiency at its factories.
Food and drink manufacturers need to invest if they want to avoid “long-term productivity issues” faced by the UK economy in the run-up to Brexit, a boss at one of the world’s biggest confectionery companies has claimed.
Speciality bread and cake manufacturer Finsbury Food Group has grown profits and sales in its latest financial results, despite “current challenges facing the industry”.
Quorn Foods has invested £150M in its Billingham factory, creating more than 300 jobs over the next five years, the meat alternative manufacturer revealed on July 24.
Food and drink manufacturers could increase growth by exporting to emerging markets, and by investing in innovation, according to a sector bulletin by EEF, the manufacturers’ organisation, and Santander.
Baking ingredients supplier Real Good Food (RGF) is investing £15.5M to expand two of its subsidiaries in Liverpool and Wiltshire, after securing funds from a private investor.
Snack manufacturer Wholebake has been granted planning permission to build a £14M factory at its site in north-east Wales, which would create more than 120 jobs.
2 Sisters Food Group will invest £250,000 in its Christmas pudding manufacturer Matthew Walker, creating 45 new jobs at its Heanor, Derbyshire factory.
2 Sisters Food Group has invested a total of £10M in its prepared meals facility in south Wales, as the manufacturer steps up production of Chinese food.
Sainsbury’s food business remains resilient in a difficult market, the supermarket says, as the group’s full-year profits before tax fell 8.2% to £503M in the 12 months to March 11.
Unilever is to sell off or demerge its Spreads business and combine its Foods and Refreshment activities into one organisation based in the Netherlands, as a result of a structural review just completed.
Weetabix will invest £30M in its Northamptonshire factories to expand its UK and international brands, the company’s chief executive revealed, but also warned of price rises as the pound’s value falls.
Poultry processor Moy Park has confirmed 70 jobs were created from the completed £4M investment at its Ashbourne factory, which can now process more than 1M chickens every week.
Scottish bakery ingredients supplier Macphie has reported a 7% rise in sales to £47.6M in its financial results for the year to March 2016 released today (December 23).
Healthy snack brand Emily Crisps, which manufactures fruit and vegetable crisps, has sold a stake in its business to private equity firm Inverleith and investor club Hothouse Brands, in a move that will expand its range, marketing and distribution in...
Real Good Food’s sales grew by 5% to £49M in the six months to September 30 2016, driven by the performance of its premium bakery division, the company revealed in its interim report.
Manufacturing organisations welcomed chancellor Philip Hammond’s first and last “pragmatic” Autumn Statement this week (November 23), but insisted that work still needs to be done to cut business rates.
Growing engineering skills shortages in UK food and drink manufacturing are threatening the ability of the sector to adapt to the ‘brave new world’ post the Brexit vote, industry experts have warned.
Bernard Matthews’ unsecured creditors amount to a combined total of £39M – and could increase yet further – in the wake of the pre-pack administration takeover by 2 Sisters boss Ranjit Boparan, according to a Work and Pensions Committee briefing published...
