KCP portfolio company Wells Plastics is already reaping dividends from a £1.25m factory expansion program which kicked off in November last year.
The investment, which adds two production lines to the Company’s factory in Stone, Staffordshire, will, when completed, increase production capacity by c.40%. The first new line became operational in March, while the second will come online in May.
Commercial and Operations Director Stuart Law said “We had a record breaking month in March in terms of both sales and profitability, largely due to the extra capacity generated by the first new line. I look forward to seeing the levels of output we can achieve once both new lines are up and running."