Saturday, January 16, 2021

Fourth production site for Yorkshire food producer following NPIF investment

Troy Foods, a producer of vegetable, salad and mayonnaise, has expanded its operations with the completion of a fourth site in Yorkshire.

Supported by a £500,000 investment from NPIF – Mercia Debt Finance, managed by Mercia and part of the Northern Powerhouse Investment Fund (NPIF), the new ready-to-eat vegetable processing facility is expected to create more than 20 new jobs.

Located in Lofthouse, Wakefield, the 30,000 sq ft site is dedicated to the preparation of freshly prepared ready-to-eat vegetables, such as carrot batons and herby potatoes, which are supplied direct to the retail and food service sectors.

The ready-to-eat range is an extension of Troy Foods’ existing offering which comprises prepared vegetables for use in ready meals, plus dressed salads and mayonnaise.

The company’s latest BRCGS (British Retail Consortium Global Standards) approved site features a fully equipped processing plant with separate high care areas as well as refrigerated storage facilities.

It has the capacity to process 1,000 tonnes of vegetables a week, the equivalent of 700,000 retail packs per week.

The site complements Troy Foods’ two Leeds sites for prepared vegetables and dressed salads/mayonnaise production, plus its nearby head office and distribution hub.

“This latest investment from NPIF – Mercia Debt Finance, arranged by David Wright, marks another key step in our ambitious five year vision for Troy Foods to be the largest prepared vegetable produce supplier across all sectors, including B2B, ready-to-eat, food service and retail,” explains group managing director James Kempley.

“Already, we are the UK’s leading B2B vegetable processing manufacturer and the leading supplier of branded salads.

“The addition of a fourth site in the region increases our capacity, enabling us to offer customers an even greater choice of prepared vegetables with the introduction of ready-to-eat lines.

“As a fourth generation Yorkshire family business with a heritage of almost 100 years, we are proud to be continuing to drive the company forward while never losing sight of our values and traditions.

“The support of the Northern Powerhouse Investment Fund through this new development has been outstanding, and we look forward to working with them again as we continue to grow the business, creating jobs and helping build the regional economy.”

Mark Wilcockson, senior manager at British Business Bank, said: “The Northern Powerhouse Investment Fund seeks to boost growth in businesses across the region with finance to support new jobs and expansion.

“Funding such as this highlights the important role of external finance, helping local businesses to fulfil their growth ambitions. We would encourage other businesses seeking to grow to see what funding support is available from NPIF.”

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