Princes Unveils New State-of-the-art Soft Drinks Factory
Princes, the leading UK-headquartered international food and drink group, has announced the completion of a £40 million major redevelopment project at its Bradford soft drinks factory in England. The investment has seen Princes introduce a series of improvements to the site, which includes over 340,000 sq ft of new warehouse and production facilities to increase capacity at the 25 acre site.
Work began on the Bradford site, which employs over 300 people and produces more than 400 million bottles of fruit squash and carbonated soft drinks every year, in Autumn 2012.
A new state-of-the-art warehouse was erected on site which now houses all of the soft drinks produced before they are sent to supermarkets, convenience stores and wholesalers across the country, reducing the risk of transportation damage to products and meaning fewer trucks on public roads in the local community.
Princes has also invested in a new central syrup manufacturing facility which blends ingredients for the squash and carbonated drinks produced at the site, along with a new waste capture system.
Princes achieved record sales of £1.74 billion in the year to 31 March 2013. The company grew sales by 15% during the year and generated a profit after tax of £40.4 million (2012: £31.1m) by continuing its long term strategy of being a first choice producer and supplier of market-leading food and drink brands and products.
Princes is now the UK’s leading supplier of canned food and one of the country’s largest food and drink companies.
Over the past three years, Princes has acquired two major canned food production sites in East Anglia and formed a new company in Italy that operates one of the most modern and efficient tomato processing, canning and packing sites in Europe.
The company currently operates 14 production sites and employs over 6,000 people.